It is up 3 today as a matter of fact. There we go. We begin with the Worlds Largest fund Company Turning to machines to pick stocks. Legalsly picker joins us at post nine with that story. Hey, guys. Stock pickers are out and machines in. Black rock is overhauling active management business, conceding beating the market is hard and expensive and computers can do a better job for less. The revamp affects 30 billion of black rocks five trillion dollars in assets to start. At a high level the plan involves adding more technology and data science to the art of portfolio management. That means fees will be sliced in half for customers, saving them 30 million annually. The firm says it also means that some Portfolio Managers will depart. The firm is offering new products including those under the advantage brand, which gives Retail Investors access to black rocks Quantitative Investment strategies. Keep in mind though this is still more handson than black rocks wellknown etf business. Some sa
Crash victims planned a protest outside that meeting. Phil lebeau will join us from detroit at the top of the next hour. Im sure well get an opportunity to talk to him about what this is all about. Web hosting company go daddy filing for an ipo up to 100 million. It said 100. 100 million. I could help them with that if i owned the entire company. You could. You could. Thats an important word, million. Could have been priced at 100. Could have been 100 a share. Who knows half the time. Thats what makes it the job would get dull. Right. Just reading stuff without actually its almost like a puzzle, almost like a puzzle of what were trying to say. If it was just reading, none of us would be we dont want to do that. No word on which exchange godaddy intends to list on or the symbol it would adopt. Go daddy perhaps best known for one of our favorite guests on this program, future race car driver danica patrick. The company was founded in 1997, acquired in 2011, kkr and silver lake. They had
The Big C(ommunity) Referendum 2.0 failed to meet the 20% voter turnout required to pass during the 2024 ASUC elections, although Senator Kailen Grottel-Brown said it could be back on
The Big C(ommunity) Referendum 2.0 failed to meet the 20% turnout requirement to pass during the 2024 ASUC elections, although the Elections Council announced otherwise last Friday.
With the conclusion of the 2023 Oregon Legislative session, Attorney General Ellen Rosenblum commends the efforts of our legislators, their staff, and her DOJ