The global stock market had a very different look 145 years ago than it does today. Continue reading… “Global stocks comparison, 1899 and 2014”
Artificial Intelligence will be Crashing the Stock Market in 3, 2, 1…
Futurist Thomas Frey: A few weeks ago, Stephen Hawking opened the world’s eyes to the dangers of Artificial Intelligence (AI), warning that it has the potential of outsmarting humans in the financial markets. But few people realize that we are already in imminent danger of this happening.
Continue reading… “Artificial Intelligence will be Crashing the Stock Market in 3, 2, 1…”
High-frequency trading faster than the speed of reality
Machines for High Frequency Trading (HFT)
On April 23 at 1:07 pm, a hijacked AP Twitter account falsely reported an attack on the White House. Just seconds later, major US stock indexes started to fall. They were down 1 percent by the time the tweet was publicly identified as bogus three minutes later. And in another three minutes, the markets had recovered to pre-tweet levels.
Continue reading… “High-frequency trading faster than the speed of reality”
Why Wall Street strangles innovation at tech companies
Wall Street
Years ago Dell computers used to be pretty cool. But the company that was started by the youngest CEO to every sit atop the Fortune 500, Michael Dell, is as outdated and out of place in today’s world as the old CRT monitor in the back of my parents’ garage.
Continue reading… “Why Wall Street strangles innovation at tech companies”
Will Big Data Destroy the Stock Market?
Futurist Thomas Frey: When you buy a stock, you place a bet on how that stock will perform in the future. In a perfect world, where market insiders and manipulators are removed from the equation, the market is a terrific tool for determining the true value of companies being invested in.
Continue reading… “Will Big Data Destroy the Stock Market?”
Marc Andreessen explains why software is ‘eating the world’
Groupon, Facebook, and LinkedIn investor Marc Andreessen.
Hewlett-Packard announced this week that it is exploring jettisoning its struggling PC business in favor of investing more heavily in software, where it sees better potential for growth. Google plans to buy up the cellphone handset maker Motorola Mobility. Hewlett-Packard and Google’s moves surprised the tech world. Marc Andreessen (board member at Hewlett-Parckard) explains why software is eating the world.
Continue reading… “Marc Andreessen explains why software is ‘eating the world’”
U.S. economic uncertainty is the new normal
Many Americans are focused on bargains and careful to spend money only when they need.
Financial fears of most Americans seem to be adding to the nation’s economic woes. The recession. The financial crisis. The housing crisis. The persistently high unemployment rate. And now, the debt debacle. No wonder American’s feel uncertain about the U.S. economy.
Continue reading… “U.S. economic uncertainty is the new normal”
Wealth gap between whites and minorities widens
The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. According to an analysis of new Census data, the recession and uneven recovery have erased decades of minority gains, leaving whites on average with 20 times the net worth of blacks and 18 times that of Hispanics.
Continue reading… “Wealth gap between whites and minorities widens”
