Thursday, May 7, 2020

The pandemic has created a new set of alt-data devotees — and sparked a gold rush among providers. But some insiders warn it's a 'sucker's game' to chase trends.

Demand for alt data from hedge funds and corporates is surging. Here's the outlook for the industry, and why some are wary about chasing the trend.
May 07, 2020   |   View Online »
 
The pandemic has created a new set of alt-data devotees — and sparked a gold rush among providers. But some insiders warn it's a 'sucker's game' to chase trends.

The pandemic has created a new set of alt-data devotees — and sparked a gold rush among providers. But some insiders warn it's a 'sucker's game' to chase trends.

Dan DeFrancesco,Bradley Saacks | Demand for alt data from hedge funds and corporates is surging. Here's the outlook for the industry, and why some are wary about chasing the trend.

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Anheuser-Busch InBev's global chief marketing officer reveals how its $1 billion innovation unit ZX Ventures is helping the company weather the coronavirus

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.

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These 22 well-known companies could get acquired as coronavirus batters their businesses, BTIG says

These 22 well-known companies could get acquired as coronavirus batters their businesses, BTIG says

Akin Oyedele | The crisis has cheapened the valuations of many popular companies and made them targets for private-equity buyers.

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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.

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.

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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

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.

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$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

$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.

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Walmart's CEO predicts how the retail industry and world will change as a result of the coronavirus

Walmart's CEO predicts how the retail industry and world will change as a result of the coronavirus

Hayley Peterson | "This is just speeding up the significant change the retail industry was already undergoing," Walmart CEO Doug McMillon told Business Insider.

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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.

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.

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Leaked emails show Amazon's drone delivery team is manufacturing face shields for COVID-19 and crowdsourcing employee ideas to improve warehouse safety

Leaked emails show Amazon's drone delivery team is manufacturing face shields for COVID-19 and crowdsourcing employee ideas to improve warehouse safety

Eugene Kim | Amazon is tapping into its high tech workforce to help improve its COVID-19 safety measures amid growing criticism about its response to the pandemic.

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Dell says that it's 'broadly' stopped hiring, even as its subsidiary VMware focuses its recruitment on five key priorities

Dell says that it's 'broadly' stopped hiring, even as its subsidiary VMware focuses its recruitment on five key priorities

Rosalie Chan | VMware is taking cost-cutting measures, including slashing executive pay — but it's still hiring. The Dell mothership, however, less so.

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