Wall Street loves data centers “” MoneyGram’s tech transformation “” How much PE pays

  • Date: 27-Oct-2020
  • Source: Business Insider
  • Sector:Technology
  • Country:Middle East
  • Who else needs to know?

Wall Street loves data centers “” MoneyGram’s tech transformation “” How much PE pays

Hiya.

Monday was a rocky one for the markets. A rise in coronavirus cases, a bleak outlook for another round of stimulus checks, and being just a week out from the election created the perfect storm for a volatile market.

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Everyone knows financial firms have grown obsessed with the power of data in recent years.

But what about the places that actually store it.

Big-time investors like Goldman Sachs, KKR, and Blackstone are rolling out plans