London politics
fromwww.bbc.com
1 day agoAt-risk traders anxious despite court reprieve
Traders at Brixton Plaza are fighting eviction to make way for a supermarket, but a High Court injunction has temporarily halted the process.
From its IPO in 2016 to its peak in late 2024, the stock gained more than 4,000% as it regularly put up revenue growth of 20% or more, and delivered strong profit margins as well. The stock also benefited from a premium valuation. However, over the last year, The Trade Desk has collapsed. The adtech stock has fallen 83% from its peak in late 2024 as the business has slowed to its weakest growth rate ever, except for a brief dip during the pandemic.
Competition for top quant talent has never been stiffer. With top hedge funds and high-frequency trading firms in expansion mode - and increasingly encroaching on the same turf - the mathematicians, physicists, data scientists, and engineers who power them are in high demand. The emergence of AI labs, which can outbid even the top-tier finance firms with war chests of tens of billions in capital, has only ratcheted up the competition.