Monthly Archives: January 2025
The Bitcoin Opportunity Fund eyes $50m fundraise
(Hedgeweek) International hedge funds and private equity firms are increasingly investing in Lloyd’s of London’s tax-exempt investment vehicle, as the 300-year-old UK institution expands its efforts to attract global investors, according to a report by the Financial Times. To read […]
Bitcoin surges ahead of crypto in 2024
(Hedgeweek) During a stellar year for cryptocurrencies, hedge funds specialising in digital assets also posted strong performances – but many still fell short of matching the returns of the industry’s flagship token, bitcoin, according to a report by Bloomberg. To […]
Stock futures tick higher after Dow ends three-day winning run: Live updates
(CNBC) Stock futures ticked higher early Friday after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing streak. Futures tied to the 30-stock Dow added 55 points, or around 0.13%. S&P 500 futures and Nasdaq 100 futures both inched up 0.18% and 0.2% respectively. To […]
Trump and bitcoin: BlackRock predicts another historic year for crypto
(CNBC) Bitcoin should rip higher under President-elect Donald Trump, according to BlackRock’s ETF chief. Samara Cohen, the firm’s ETF and index instruments chief investment officer, thinks cryptocurrency deregulation will “absolutely” propel bitcoin to another historic year. “There will be progress made on… FIT21 […]
Citadel sells $1bn bonds for owner payout
(Hedgeweek) Ken Griffin’s Citadel has raised $1bn through the sale of high-grade bonds on Wednesday to fund a payout to its owners, according to a report by Bloomberg UK. To read this article:
Wall Street banks had a great quarter, and the boom times are just starting
(CNBC) American investment banks just disclosed a record-smashing quarter, helped by surging trading activity around the U.S. election and a pickup in investment banking deal flow. Traders at JPMorgan Chase, for instance, have never had a better fourth quarter after seeing revenue surge […]
Apple has worst day since August following reports of China, AI struggles
(CNBC) Apple stock closed down 4% on Thursday, its worst day since Aug. 5, following several reports of lackluster iPhone sales in China. The iPhone maker’s stock price is down nearly 12% from its most recent peak in December, and it’s […]
JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
(CNBC) JPMorgan Chase executives Fresh off a record year for profit and revenue, is facing questions over what CFO Jeremy Barnum admitted was a “high-class problem”: the bank has, by some estimates, roughly $35 billion in money that it doesn’t need to satisfy regulators, or […]
Stock futures flat after S&P 500 posts best day since November:
(CNBC) U.S. stock futures were flat early Thursday after the S&P 500 posted its best day since November, on the back of a tame inflation report and blowout bank results. Traders are also looking ahead to more big bank earnings. Dow Jones […]
Goldman Sachs CEO Solomon says IPO market is ‘going to pick up’
(CNBC) Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco CEO Chuck Robbins at a summit hosted by the computer networking […]
TSMC fourth-quarter results top expectations, net profit surges 57%
(CNBC) Taiwan Semiconductor Manufacturing Company’s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial intelligence applications continued to surge. Net revenue: 868.46 billion New Taiwan dollars ($26.36 billion), vs. NT$850.08 billion expected. To read this article:
TikTok’s U.S. operations could be worth as much as $50 billion
(CNBC) Business moguls such as Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell. TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to […]

