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Wednesday, 1 September 2021

Wall Street institutions are increasingly tracking amateurs on Reddit, Twitter, and Discord to find trading opportunities, following GameStop's meteoric rise (Wall Street Journal)

Wall Street Journal:
Wall Street institutions are increasingly tracking amateurs on Reddit, Twitter, and Discord to find trading opportunities, following GameStop's meteoric rise  —  Deep-pocketed banks and hedge funds now take their cues from armies of Main Street traders  —  Wall Street professionals tell everyday investors what stocks to buy.



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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...