Meme stocks: Data providers conflicted on offering investment analyses
While some alternative data providers are jumping in on the meme-stock craze by producing new datasets and analyses geared toward risk management and alpha generation, others—perhaps rightly so—are staying cautious.
What’s old is new again. As Covid-19 pandemic-induced lockdowns finally ease, and citizens reacquaint themselves with their former haunts, a Forbes’ 1998 cover—which declared “A bunch of kids are tormenting Wall Street!”—could have been written yesterday.
A heated national conversation about so-called “meme stocks” has been ongoing among US investors, traders, legislators, and the average online Joes and Janes for six months, a result of the January 28 fiasco, in which video game retailer
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Vendors are winning the AI buy-vs-build debate
Benchmarking: Most firms say proprietary LLM tools make up less than half of their AI capabilities as they revaluate earlier bets on building in-house.
Private markets boom exposes data weak points
As allocations to private market assets grow and are increasingly managed together with public market assets, firms need systems that enable different data types to coexist, says GoldenSource’s James Corrigan.
Banks hate data lineage, but regulators keep demanding it
Benchmarking: As firms automate regulatory reporting, a key BCBS 239 requirement is falling behind, raising questions about how much lineage banks really need.
TMX eyes global expansion in 2026 through data offering
The exchange operator bought Verity last fall in an expansion of its Datalinx business with a goal of growing it presence outside of Canada.
AI-driven infused reasoning set to democratize the capital markets
AI is reshaping how market participants interact with data, lowering barriers to entry and redefining what is possible when insight is generated at the same pace as the markets.
Fintechs grapple with how to enter Middle East markets
Intense relationship building, lack of data standards, and murky but improving market structure all await tech firms hoping to capitalize on the region’s growth.
Where have four years of Cusip legal drama gone?
The IMD Wrap: The antitrust case against Cusip Global Services has been a long, winding road. Reb recaps what you might have missed.
LSEG files second motion to dismiss lawsuit with MayStreet co-founder
Exchange group has denied abandoning the MayStreet business in a new filing, responding to allegations put forward by former MayStreet CEO Patrick Flannery.
