The Fall of Big Tech Is Boosting Stock Quants on Wall Street

The Fall of Big Tech Is Boosting Stock Quants on Wall Street

Business
November 6, 2022 by keithhill530
226
[ad_1] (Bloomberg) — Another tech plunge, another shot in the arm for stock quants mounting a big comeback in Wall Street’s awful year. Most Read from Bloomberg As the Federal Reserve ramped up its hawkish policy guidance this week on still-raging inflation, the once-booming Faang megapcaps lost a further $568 billion in market value, bringing