• Morgan Stanley uses 3 billion data points each day to measure its equity risk. Here's how it's using AWS to do it

    8 days ago - By Business Insider

    Summary List Placement When the US stock market closes at 4:00 p.m. each afternoon in New York, it typically marks an end to the day for the equity traders working across Wall Street's banks. Once they mark and sign off on their positions, they're out the door.
    For others who sit near trading desks, however, their work is just beginning. One such example is the risk employees - and the data models they run - that calculate a bank's exposure to the markets after the close of each trading day.
    As is the case with many other banking functions, speed and scale are key. That's why more firms...
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  • Stock futures are flat after sell-off in growth and tech

    Stock futures are flat after sell-off in growth and tech

    8 days ago - By CNBC

    On Tuesday, investors exited technology and growth stocks, pushing the Nasdaq Composite down 1.9%.
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  • How major US stock indexes fared Tuesday

    8 days ago - By Chron

    Stocks are closing lower on Wall Street Tuesday, dragged down by big technology companies like Apple and Microsoft.
    The declines marked the sixth-straight losing day for technology stocks. Investors continue to focus on corporate earnings and gauge the economic recovery's progress. Earnings and most economic indicators have been signaling a steady recovery, but investors remain concerned about the lingering threat from COVID-19, inflation and other factors that could crimp progress.
    On Tuesday:
    The S&P 500 fell 28 points, or 0.7%, to 4,164.66.
    The Dow Jones Industrial Average rose 19.80...
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