Jim Simons, ‘Quant King' at Renaissance Technologies, Dies at 86 [BNN Bloomberg (Canada)]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
Check Earnings Report
US:NYSE Investor Relations:
ibm.com/investor
Company Research
Source: BNN Bloomberg
He died today in New York City, according to his charitable foundation, which didn't cite a cause. In turning from academia to investing as he entered his 40s, Simons eschewed standard practices of money managers in favor of quantitative analysis — finding patterns in data that predicted price changes. His technique was so successful that he became known as the Quant King. At Renaissance, located about 60 miles east of Manhattan in quiet East Setauket, New York, Simons avoided employing Wall Street veterans. Instead he sought out mathematicians and scientists, including astrophysicists and code breakers, who could ferret out usable investment information in the terabytes of data his firm sucked in each day on everything from sunspots to overseas weather. Over more than three decades, his returns consistently trounced markets even as computer power got cheaper and competitors tried their best to mimic Renaissance's success by building their own complex algorithms to run their fu
Show less
Read more
Impact Snapshot
Event Time:
IBM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBM alerts
High impacting International Business Machines Corporation news events
Weekly update
A roundup of the hottest topics
IBM
News
- Announcing the Software Development Conference 2024: Gathering 50+ experts to explore the new frontier of software intelligence [Yahoo! Finance]Yahoo! Finance
- 5G System Integration Market Report 2024: Global Trends, Forecast and Competitive Analysis to 2030 Featuring Huawei, Atos Syntel, ALTRAN, IBM, Capgemini, CA Technologies, and Cisco [Yahoo! Finance]Yahoo! Finance
- Smart Learning Market worth $155.2 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Top consultant Josh Bersin says HR leaders are at a pivotal moment and should rethink their role in the corporate world [Yahoo! Finance]Yahoo! Finance
- Traffic Management Systems Market to be Worth $58.13 Billion by 2031 - Exclusive Report by Meticulous Research® [Yahoo! Finance]Yahoo! Finance
IBM
Earnings
- 4/24/24 - Beat
IBM
Sec Filings
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- IBM's page on the SEC website