MarketReader Co-Founder and CEO Jens Nordvig joined Bloomberg’s What Goes Up podcast for a conversation with hosts Vildana Hajric and Katie Greifeld about AI technology and how it can be used to help explain why the market is moving.
Jens explains the core mission of MarketReader: to use cutting-edge technology to explain the market in real time and at scale. He provides a few key examples of MarketReader providing crucial insights on rapidly developing market shifts, like the recent Silicon Valley Bank collapse.
Artificial intelligence is all the rage on Wall Street. Some strategists see AI trends driving further gains for stocks as others point to how big banks are beginning to use it to automate some jobs. MarketReader, founded by Jens Nordvig, is leveraging AI to analyze US equity market trends and help predict why a stock might be moving a certain way.