Although the jokes surrounding Snowflake's ridiculous IPO yesterday might have been well-deserved (and often hilarious), the services they provide have serious value...
| | | Snowflake's IPO Will Make 1.5 Trillion…Rows of Data Easy To Analyze | |  | In case you haven't been able to tell by my writing these last few months, my entire workflow centers around data of all kinds.
In the age of COVID, however, it hasn't been enough for analysts to rely on traditional sources, as most of which aren't updated very frequently.
Instead, it has been crucial to find alternative datasets that do a better job explaining what's happening with the economy in real time.
And while that's not exactly something new – a corporate jet data feed tipped off analysts to the Anadarko-Occidental Petroleum deal last year – it has become so important that entire cottage industries have sprouted up around it.
As a result, alternative data is starting to become commoditized. On Amazon Web Services' marketplace alone, there are 982 large datasets available for free. Spoiler alert: you've already seen some of them, as I am a relatively frequent user. | Get The Whole Story Here | | | Contact Us | We are available to help you five days a week, Monday through Friday, from 9:00 am to 5:00 pm Eastern Time. Please do not hesitate to contact us if you need additional information or support. We will respond to all phone calls and emails as soon as possible, and usually within one business day. | | | Address: Venture Society Holdings LLC425 Town Plaza Avenue Ponte Vedra, FL 32081 Phone #: (904) 404-8873 Email: support@wealthpress.com | | | A WealthPress Publication The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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