'Quantamental' investing is suddenly a buzzword in the hedge fund world, and we talked to the CEO of a fintech that just nabbed $8 million to help power the approach

Boosted.ai, a fintech that helps fundamental managers use quantitative skills, just raised an $8 million Series A led by Portag3 Ventures.

May 06, 2020   |   View Online »

'Quantamental' investing is suddenly a buzzword in the hedge fund world, and we talked to the CEO of a fintech that just nabbed $8 million to help power the approach Dan DeFrancesco | Boosted.ai, a fintech that helps fundamental managers use quantitative skills, just raised an $8 million Series A led by Portag3 Ventures. Read More »

The CEOs of Google Cloud and $21 billion data analysis company Splunk unveil a new alliance that shows the limits of sticking to one platform: 'It broadens our reach into a critical IT community' Benjamin Pimentel | Splunk is turning to Google Cloud for its cloud expansion, a big win for Google that highlights the push toward using more than one cloud platform. Read More »

The man who predicted that Amazon would buy Whole Foods now expects the tech giant to become the fastest-growing healthcare company within 5 years Lydia Ramsey | NYU professor Scott Galloway thinks Amazon will need to go after an industry like healthcare to double its stock over five years. Read More »

Anheuser-Busch InBev's global chief marketing officer reveals how its $1 billion innovation unit ZX Ventures is helping the company weather the coronavirus Tanya Dua | The company's response has centered on people spending more time cooking, using in-home entertainment, and socializing in smaller groups. Read More »

There are more than 100 potential coronavirus vaccines in the works. Here are the top efforts to watch, including the 20 programs expected to start human trials this year. Andrew Dunn | Research is moving historically fast to produce a coronavirus vaccine, with eight vaccine candidates already in human trials. Read More »

These 22 well-known companies are vulnerable to acquisitions by private-equity buyers due to the coronavirus, BTIG says Akin Oyedele | The crisis has cheapened the valuations of many popular companies and made them targets for private-equity buyers. Read More »

11 science-backed ways your parents' behaviors shaped who you are today Allana Akhtar,Caroline Hroncich | If your mother juggled multiple jobs, you're likely to get stressed. If your parents set high expectations for you, you probably did better in school. Read More »

Leaked memo reveals United Airlines will force administrative workers to take unpaid days off. The airline is even suggesting employees quit their jobs ahead of layoffs. David Slotnick | United Airlines said it'll require management and administrative workers to take 20 unpaid days off this summer ahead of fall layoffs due to COVID-19. Read More »

$54 billion VMware told employees it's freezing salaries, cutting CEO and other executive pay, and suspending 401(k) matches over the impact of COVID-19 Benjamin Pimentel | VMware is freezing salaries and suspending 401(k) matches as COVID-19 takes a toll on its business. Top execs and board members will take salary cuts. Read More »

Renowned strategist Tom Lee recommends 12 beaten-down travel stocks to buy now for an average profit of 32% during the pandemic recovery Akin Oyedele | These companies have a "very high" ability to safely manage 6 feet of distancing among their guests. Read More »

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