COMPUTERS READ NEWS, AND TRADE ON IT QUICKLY
It takes a person about 10 minutes to read a 2500-word, front-page feature story in the Wall Street Journal. Computer programs increasingly being used by investors to parse news stories can process one in about three one-hundredths of a second.
Ref. https://www.stuff.co.nz/hlc/1,,93498~4108586a28~,00.html