How Wall Street Uses Twitter to Make Money

Twitter IPO
The Twitter Inc. logo is shown with the U.S. flag during the company's IPO on the floor of the New York Stock Exchange in New York, November 7, 2013. The company's CEO criticized Trump's travel ban. Lucas Jackson/REUTERS

Peter Bailey, chief strategy officer of Dataminr, speaks with Newsweek senior writer and finance editor Leah McGrath Goodman about how his Goldman Sachs-backed firm turns tweets and other public information into market intelligence that makes Wall Street money.

Bailey was speaking at Newsweek's Artificial Intelligence and Data Science in Capital Markets conference, in London, March 1.