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What you need to know on Wall Street right now

What you need to know on Wall Street right now

Finance Insider is Business Insider's summary of the top stories of the past 24 hours.

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Wall Street has long been the center of the American financial universe.

Home to the New York Stock Exchange, the New York Federal Reserve, and many important financial institutions, Lower Manhattan has historically held enormous sway over the financial industry.

That, however, is changing. $4.

Shares of private-prison providers $4 following news that $4 of such facilities.

Walmart reported $4. Investors are $4. Hedge fund group Och-Ziff reportedly $4.

Mick McGuire, $4, released a $4 the chairman of Buffalo Wild Wing's board of directors, on Wednesday. He also published a $4.

In related news, fried chicken sales $4.

Howard Marks, the billionaire cofounder of Oaktree Capital Management, $4. He also used a weird reference to '$4.

Hedge funds have started bashing themselves - $4.

Finally, here's how much you'll get $4.

Here are the top Wall Street headlines at midday:

$4 - "Does anyone know where the cloud is?" asks Wilfred Amuri, an engineer in the cloud platform team at Goldman Sachs.

$4 - It has lost its throne to Silicon Alley.

$4 - T. Rowe Price is reportedly suing Valeant Pharmaceuticals, alleging fraud.

$4 - Hedge funds have been getting throttled since the beginning of 2016, and because of that people are starting to ask questions about their worth.

$4 - Initial jobless claims fell more than expected. Claims have now been below 300,000 for 76 straight weeks - the longest streak since 1970.

$4 - CEOs, investors, and economists love to blame the weather.

$4 - Remember what happened a year ago? China shocked financial markets with a sudden devaluation of the renminbi, cutting it by 3% against the dollar over the course of five trading days.

$4 - When you think of high-tech cars, you probably think Tesla or BMW. But there's another automaker that is quietly becoming one of the industry's most tech-centric brands.

$4 - The Economist Intelligence Unit just released a report that ranks the $4.

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