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How Nasdaq is using data and machine learning to raise the bar on financial services

As real-time financial services proliferate, Nasdaq expands its cloud-based data and machine learning services to meet demand. The move is part of the firm’s commitment in creating an innovative and transparent data marketplace, allowing more people to access financial information.
Michael Orourke Nextgen Solutions Ai Technology Nasdaq Cloud Data Service Nasdaq Market Replay Nasdaq Data Link
Source: cio.com

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US-listed China stocks pounded as regulatory woes intensify

American depositary receipts for tech giants have racked up losses with Tencent Holdings Ltd., Alibaba Group Holding Ltd., and Nio Inc., erasing more than 9% each this week. The declines have sent the Nasdaq Golden Dragon China Index to lose nearly 8% of its value, wrapping up two months of declines.
New York United States Michael Orourke Alibaba Group Holding Ltd Nio Inc Tencent Holdings Ltd

Didi Plunges Below IPO Price as China Expands Crackdown

China’s State Council issued a sweeping warning to China’s biggest companies, vowing to tighten oversight of data security and overseas listings. That announcement followed the opening of a security review by China’s internet regulator last week and a demand for app stores to remove Didi. Didi’s American depositary shares fell 20% to $12.49, wiping out about $15 billion of market value and taking the stock below the $14 price from its initial public offering. Beijing-based Didi ...
New York United States Hong Kong Xia Hailong Michael Orourke Charles Henry Monchau

Catching Rides on Meme-Mafia Trades May Boil Down to Models

(Bloomberg) -- Staring at a meme stock craze that shows few signs of abating, Wall Street is still wrestling with how to trade it.Many traders scroll through Reddit blogs that cheer on day traders to suss out the next big thing. Others obsessively track Stocktwits citations. There are even firms hiring WallStreetBets veterans to get inside the heads of the people who call themselves apes with diamond hands.The stakes are high. Meme stocks like AMC Entertainment Holdings Inc. and GameStop Corp. h
John Marshall Michael Orourke Gamestop Corp Entertainment Holdings Inc Goldman Sachs Group Inc Wall Street
Source: yahoo.com

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