There are many different types of sites that provide a wealth of free, freemium and paid data that can help audience developers and journalists with their reporting and storytelling efforts, The team at State of Digital Publishing would like to acknowledge these, as derived from manual searches and recognition from our existing audience. Kaggle's a site that allows users to discover machine learning while writing and sharing cloud-based code. Relying primarily on the enthusiasm of its sizable community, the site hosts dataset competitions for cash prizes and as a result it has massive amounts of data compiled into it. Whether you're looking for historical data from the New York Stock Exchange, an overview of candy production trends in the US, or cutting edge code, this site is chockful of information. It's impossible to be on the Internet for long without running into a Wikipedia article.
NEW YORK, NY / ACCESSWIRE / February 7, 2020 / Humans are creating data at an exponential rate. In fact, 90% of the data in the world has been created in the past 2 years according to a 2015 IBM study. In the same study, it was estimated that we create 2.5 exabytes (2.5 quintillion bytes) of data every day. To put it in perspective, there are 18 zeros in a quintillion. As Big Data gets, well, bigger, it becomes even more important for executives and C-suites in financial services to stay ahead of the curve.
Palantir Technologies Inc. - a private big-data analytics software company - is considering going public, according to a report in The Wall Street Journal on Thursday, Oct. 18. The 14-year-old California company could see its valuation hit $41 billion, the Journal reported, as the company was in discussions with investment banks Credit Suisse (CS) and Morgan Stanley (MS) for a possible initial public offering later next year, according to the report. Palantir has so far raised $2 billion in venture capital and private equity, according to Crunchbase.com. The Journal reported that the company plans to bring in $750 million in revenue over 2018, about $150 million more than in 2017. Co-founded by famed venture capitalist Peter Theil, Palantir today has around 2,000 workers and has worked with global intelligence agencies as well as various industries, most recently inking deals with major airlines and signing a $7 million contract with the National Institutes of Health.
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE). It's no secret on Wall Street that a "sell" recommendation in sell-side research reports is exceedingly rare, and it can't be chalked up to today's bull market recently surpassing its ninth birthday. According to FactSet data, only 6% of analyst recommendations on S&P 500 companies are "sell" ratings or the equivalent, lending credence to the notion that conflicts of interest persist despite reform efforts to make recommendations more objective in nature. Put simply, negative recommendations can place an analyst in the virtual penalty box when it comes to getting access to companies, and the effects are clear in a business where access is king. So, is there still use to looking through research reports to figure out which stocks are worth buying and selling?
Hedge fund Renaissance Technologies is looked upon by Wall Street with awe and envy in equal measure. Particularly, Medallion Fund, an employees only fund it runs. Bloomberg last year wrote the fund has returned more than $55 billion, making it more profitable than funds run by feted veterans such as George Soros. The Renaissance flagship fund, which will turn 30 next year, has returned more than 25% profits in most of its years of investing. Money doubles in a little more than three years at that rate.