Thursday, December 23, 2010

Wall St. Computers Read the News, and Trade on It - NYTimes.com

There’s artificial intelligence somewhere in this context…

The number-crunchers on Wall Street are starting to crunch something else: the news.

Math-loving traders are using powerful computers to speed-read news reports, editorials, company Web sites, blog posts and even Twitter messages — and then letting the machines decide what it all means for the markets.

Wall St. Computers Read the News, and Trade on It - NYTimes.com

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