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. 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. 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 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. 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 »

GOLDMAN SACHS: Traders are reaping unusually large profits from earnings-related stock trades. Here are 15 picks for the remainder of the season. Akin Oyedele | The appeal of this stock-trading strategy has gotten only better since earnings season started — and time is running out. Read More »

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. Read More »

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. Read More »

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. Read More »

Uber CEO tells employees that it is finalizing layoffs as fears circulate among staff that 4,000 jobs will be cut Julie Bort | Uber's biggest team reports to its outgoing chief technology officer, and its second biggest is self-driving cars, according to internal documents. Read More »

A memo from Airbnb's CEO announcing huge staff cuts is a case study in how leaders can conduct layoffs in a compassionate way Shana Lebowitz | Airbnb is cutting about a quarter of its staff. CEO Brian Chesky's memo to the company shows respect and compassion for all employees affected. Read More »

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