Category Archives: Syndicated

Stock futures are little changed as investors digest news from Nvidia’s AI conference: Live updates

(CNBC) Futures tied to the S&P 500 slipped 0.12%, while Dow Jones Industrial Average futures slid 8 points, or 0.02%. Nasdaq 100 futures were 0.22% lower. The S&P 500 broke a three-session slump during regular trading. The broad market index […]

Activist Bluebell to escalate BlackRock ESG opposition

(Hedgeweek) London-based activist hedge fund firm Bluebell is planning to up its opposition to $10tn funds giant BlackRock’s high-profile environmental, social and governance (ESG) investment agenda, according to a report by The Times. To read this article:

Brevan Howard axes 10% of traders following performance review

(Hedgeweek) Around one-in 10 of the traders at Brevan Howard Asset Management, the hedge fund firm co-founded by Alan Howard, are to leave the business as part of its latest biannual performance review, according to a report by Bloomberg. To […]

Nvidia CEO Jensen Huang announces new AI chips: ‘We need bigger GPUs’

(CNBC) Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The announcement, made during Nvidia’s developer’s conference in San Jose, comes as the chipmaker seeks to solidify its position as the […]

Alphabet shares up 4% on report Apple is in talks to license Gemini AI for iPhones

(CNBC) According to a Bloomberg report, Apple is in talks with Alphabet-owned Google to let the iPhone maker license and build its Gemini AI engine into the iPhone. Bloomberg said the two tech giants are “in active negotiations” for Gemini […]

UnitedHealth Group has paid more than $2 billion to providers following cyberattack

(CNBC) UnitedHealth disclosed nearly a month ago that a cyber threat actor breached part of Change Healthcare’s information technology network. The fallout has wreaked havoc across the U.S. health-care system. To read this article:

Time is running out for interest rate cuts, market forecaster Jim Bianco warns before Fed meeting

(CNBC) The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely stay on hold until next year. “I’m in the […]

GCEX launches margin trading platform

(Hedgeweek) GCEX, a digital brokerage specialising in FX and digital assets, has released XplorTrader, its margin trading platform, which is aimed at institutional and professional traders including hedge funds and asset managers.  To read this article:

Stock futures climb as investors await fresh Fed guidance: Live updates

(CNBC) Stock futures were climbed on Monday morning, as Wall Street awaits guidance on monetary policy from the Federal Reserve this week. Futures tied to the S&P 500 ticked up 0.27%. Dow Jones Industrial Average futures hovered near the flatline, […]

Goldman Sachs now expects the Bank of Japan to hike rates Tuesday

(CNBC) Goldman Sachs now expects the Bank of Japan to raise interest rates for the first time in 17 years at its March meeting this week, bringing forward its previous forecast for an April decision. The bank’s senior Japan economist […]

AI replacing fund managers is ‘fantasy’, says Citadel’s Griffin

(Hedgeweek) The prospect of artificial intelligence-powered large language models (LLMs) replacing fund managers and deciding what stocks to buy is “just a fantasy”, according to Citadel’s Founder and Chief Executive Officer Ken Griffin. To read this article:

Experts hesitate on weight loss ETFs amid the obesity drug boom

(CNBC) There may be a stronger case to invest in single stocks over exchange-traded funds in the weight loss space. Amplify ETFs and Roundhill Investments each filed a prospectus last week to launch funds focused on weight loss companies, a […]