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by ThrustVectoring 3145 days ago
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.
1 comments

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