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I'm honestly surprised that these companies haven't started extracting business intelligence information from their data flows and using it to make investment decisions in public companies. Surely there's a correlation between how often people search for "JC Penny" and JC Penny's earnings. And these companies have far more data than that, alongside a giant pile of money that they can use to fund an investment arm.


Unfortunately it's illegal to do so because it's trading on non-public information. Sergey suggested it long ago but Eric killed it immediately.

Previously: https://news.ycombinator.com/item?id=1789358




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