Alternative Data News. 02, January 2020

The AltDataNewsletter by CloudQuant

Finding sources and uses for alternative data can be difficult. At CloudQuant we regularly read and search the internet for new sources of data that can be used in our mission to find alpha signals and build quantitative trading strategies. We recognize that we are technology and data junkies so we wrote our own crawler that specifically seeks out web pages, posts, and news articles that give us a snapshot of what is going on in the world of Alt Data. The following is a collection of articles that we think you will find interesting from the past week.


Goldman has a new method for picking stocks that’s topping the market

Tracking changes to expected sales numbers is one of the best ways to pick stocks, according to new research from Goldman Sachs.

Analysts at the bank set out to see if changes to revenue projections by analysts were a leading indicator of stock performance. The idea was to find out if this measurement, which the analysts referred to as the revisions factor, could be used in the same way as traditional factors such as momentum and value and provide an edge to investors.

To test this, Goldman sorted stocks based on recent changes to consensus revenue projections in FactSet. Analysts then cre…
2020-01-02 00:00:00 Read the full story…
Weighted Interest Score: 4.5734, Raw Interest Score: 2.8169,
Positive Sentiment: 0.3521, Negative Sentiment 0.0000

CloudQuant Thought #1Negative Sentiment = 0.0000? We typically see this score in marketing documents, not a news story. 

Thought #2: So insider information is a great way to trade? Really. Never would have thought of that. (Cynical Score = 99.99)

Thought #3: FactSet is well worth looking at.

Top Twitter Accounts To Satiate Your AI Curiosity In 2020

Artificial Intelligence (AI) is the new normal which is rapidly advancing the technology sector and has also significantly impacted the key aspects of businesses.

In this article, we list down AI’s power players who are also thought leaders in the area of machine learning (ML), deep learning, computer vision, and robotics and also have a massive following on their Twitter accounts. These AI giants includes industry experts, product innovators, a…
2020-01-01 08:30:00+00:00 Read the full story…
Weighted Interest Score: 3.7380, Raw Interest Score: 1.8394,
Positive Sentiment: 0.2614, Negative Sentiment 0.0654

CloudQuant Thoughts: Just followed these ourselves. While you are at it, follow us too!

Top AI & Data Science Stories from 2019: Our 10 Most Read

In 2019 we published a total of 2800 stories, which generated a cumulative view count of more than 16 million. Here are our 10 stories that were most read in 2019.

1. Why Microsoft Is Dumping C & C++ For This New Programming Language

The adoption of Rust programming language by the developers has been increasing in an exponential manner. This language provides the simplicity and security which a developer needs while writing codes. According to…
2019-12-30 08:30:00+00:00 Read the full story…
Weighted Interest Score: 3.1038, Raw Interest Score: 1.7289,
Positive Sentiment: 0.1839, Negative Sentiment 0.0368

CloudQuant Thoughts: Tis the season for the top X lists to come out. This is yet another one. The problem with this is that the top lists are typically picked by a person not an algorithm.

CloudQuant ESG Data leads to Alpha and ROIEnvironmental, Social, and Governance Data December 30, 2019

In our study of Environmental, Social, and Governance (ESG) data, we looked at holding positions based upon the G&S Quotient short term price predictor score. We found that 5 day holds and 20 day holds using this score were very interesting and produced positive returns.

Read the Full Story

‘This is the shareholders’ money’: Billionaire Warren Buffett argues that companies should stop making decisions based on their social beliefs

… investor Warren Buffett thinks that companies should prioritize shareholders’ returns over social causes, the Financial Times reported.

More companies and funds have moved toward so-called ESG — environmental, social, and governance — investments to curry public favor, but Berkshire Hathaway’s CEO thinks such shifts should be driven by government policy.

Berkshire recently spent about $30 billion on wind turbines in Iowa, but Buffett said that the investment was driven by “the production tax credit we get.”

“The government has to play the part of modifying a market system,” Buffett told the Financial Times.

2020-01-10 00:00:00 Read the full story…
Weighted Interest Score: 2.8471, Raw Interest Score: 1.6167,
Positive Sentiment: 0.2058, Negative Sentiment 0.2939

CloudQuant Thoughts: We agree that the shareholder’s interests must be maintained. Profits should be redistributed to shareholders and not to other orgnanizations. Yet that doesn’t mean that ESG issues shouldn’t have a place.

How does promoting social equality not benefit the shareholders? Doesn’t it protect the company from discrimination issues?

How does good governance not benefit the shareholders? Doesn’t it help ensure that poor management is avoided?

How does good environmental not benefit the shareholders? The liability of the poor enviromental management should be properly managed.

ML Channels On Youtube To Kickstart 2020

Right now we are in the middle of one of the greatest transformations of pedagogical practices in the history of mankind. The Internet is to modern man what the printing press was to the Renaissance era.

And, with youtube, mastery is just a click away. The increasing popularity of YouTube has seen a sporadic shift of educators, students and experts from conventional pedagogy.

Here is a list of YouTube channels dedicated to the field of arti…
2020-01-01 04:30:27+00:00 Read the full story…
Weighted Interest Score: 2.5859, Raw Interest Score: 1.5354,
Positive Sentiment: 0.2614, Negative Sentiment 0.1307

15 jobs no one knew about in 2010 that everyone will want in 2020

caption Demand for artificial intelligence specialists grew 74% over the last five years. source Getty Images

LinkedIn released its annual report of the 15 top emerging jobs in 2020.

These jobs have seen high annual growth over the last five years.

Many jobs – including full stack engineer and back end developer – are in engineering.

Visit Business Insider’s homepage for more stories.

Artificial intelligence experts are in luck in 2020.

Lin…
2019-12-30 15:37:00+00:00 Read the full story…
Weighted Interest Score: 2.5587, Raw Interest Score: 2.0018,
Positive Sentiment: 0.0334, Negative Sentiment 0.0000

Answers to four questions commonly asked

1. What is the most neglected advice that you would give to beginners?

Take the time to find out if being a data scientist is really your dream job.

Studies show that most people feel disengaged at work. Data scientists are no exception. According to a survey by Kaggle, most people working in the field say they spend 1–2 hours a week looking for a new job.

Why is that? Jonny Brooks-Bartlett mentions several reasons, such as:

“Expectation does…
2020-01-02 17:01:03.995000+00:00 Read the full story…
Weighted Interest Score: 2.2647, Raw Interest Score: 1.5570,
Positive Sentiment: 0.2831, Negative Sentiment 0.1415

CloudQuant Thoughts: Good post. Worth the read.

6 Data Science Projects To Showcase In 2020

Recent reports suggest that people are taking numerous data science and AI courses to stay abreast of the latest technologies. However, organisations are still witnessing a shortage of skilled applicants as these courses aren’t making applicants do varied projects. Besides, e-courses are often easier, allowing people to complete the course and get certificates. No doubt these courses are helpful in getting started with data science, however, aspirants need to imp…
2020-01-02 10:30:00+00:00 Read the full story…
Weighted Interest Score: 2.1992, Raw Interest Score: 0.9240,
Positive Sentiment: 0.2033, Negative Sentiment 0.3327

Breakingviews – Sustainable investing will wind up in the dock

LONDON (Reuters Breakingviews) – The business of adding some kind of environmental, social or governance analysis to investment decisions is snowballing. Such practices grew 34% in the two years after 2016 and are now a factor in $31 trillion of assets under management, according to the Global Sustainable Investment Alliance. In 2020, the downside of that surge could put certain players in the dock.

The sector’s headaches have already caught out some big names. Fidelity had to review a filter on it…
2019-12-31 11:11:11+00:00 Read the full story…
Weighted Interest Score: 2.0748, Raw Interest Score: 1.1486,
Positive Sentiment: 0.2223, Negative Sentiment 0.2964

How The Data Privacy Scandal Involving Cambridge Analytica & Facebook Resurfaces Again

The Cambridge Analytica-Facebook saga continues. In a recent event, Brazil has fined Facebook $1.65 million for mismanagement of user data that led to improper sharing of users’ data with Cambridge Analytica. As a result, personal user data belonging to 443,000 users in Brazil were accessed by developers of the application “This Is Your Digital Life,” as per the Ministry of Justice. That application — a psychological survey, which has collected p…
2020-01-02 09:34:19+00:00 Read the full story…
Weighted Interest Score: 2.0018, Raw Interest Score: 1.0243,
Positive Sentiment: 0.0445, Negative Sentiment 0.6012

Moving storage in-house helped Dropbox thrive – TechCrunch

Back in 2013, Dropbox was scaling fast.

The company had grown quickly by taking advantage of cloud infrastructure from Amazon Web Services (AWS), but when you grow rapidly, infrastructure costs can skyrocket, especially when approaching the scale Dropbox was at the time. The company decided to build its own storage system and network — a move that turned out to be a wise decision.

In a time when going from on-prem to cloud and closing private d…
2020-01-02 00:00:00 Read the full story…
Weighted Interest Score: 1.8243, Raw Interest Score: 1.2002,
Positive Sentiment: 0.2400, Negative Sentiment 0.0480

How Developers Can Use Social Media For Learning, Building & Networking

Social media can be of great help to all kinds of professionals, but, when it comes to developers, there are several things they can do with social media. This includes networking with other developers, learning new tools, keeping up with the latest trends, collaborating on projects, sharing code, marketing, as well as securing their jobs. With the right social media strategy, developers can further their career and become a valuable resource for…
2019-12-30 13:30:00+00:00 Read the full story…
Weighted Interest Score: 1.7431, Raw Interest Score: 1.1944,
Positive Sentiment: 0.4805, Negative Sentiment 0.0412

Our Top 19 Blogs of 2019

During the last year we gave our popular technical blog an official name: Developer Access. We published 32 posts on the blog, including technical how-to’s, conference information, web development best practices and detailed guides. Among all those posts, 19 rose to the top of the popularity list (based on total pageviews):

1. A Guide To Creating An API Endpoint With Django REST Framework: Our most popular blog post was published on February 1, …
2020-01-01 00:00:00 Read the full story…
Weighted Interest Score: 1.4027, Raw Interest Score: 0.8742,
Positive Sentiment: 0.3049, Negative Sentiment 0.1016

Kicking off 2020 with 4 new members of the $100M ARR club – TechCrunch

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

Today we’re adding four new names to the growing $100 million annual recurring revenue (ARR) club. The firms — Sisense, SiteMinder, Monday.com, and Lemonade — add diversity to our current group of yet-private companies which have reached the nine-figure recurring revenue threshold.

Our goal in tracking the companies in this hig…
2020-01-02 00:00:00 Read the full story…
Weighted Interest Score: 0.8329, Raw Interest Score: 0.4997,
Positive Sentiment: 0.0833, Negative Sentiment 0.0000


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

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This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.