Monthly Archives: January 2022
Stock futures reverse losses after S&P 500 posts 4-day losing streak
(CNBC) Stock futures were mostly higher in overnight trading Sunday after a rocky start to 2022 for equity markets as interest rates rise. Futures on the Dow Jones Industrial Average retraced most of their earlier losses and were down about […]
Inflation, rising rates and the Federal Reserve could whip stocks around in the week ahead
(CNBC) The bond market could again set the course for the week ahead, after rapidly rising interest rates gave stocks a choppy start to the new year. In the coming week, key inflation reports are expected, and Federal Reserve Chairman […]
How A.I. is set to evolve in 2022
(CNBC) Machines are getting smarter and smarter every year, but artificial intelligence is yet to live up to the hype that’s been generated by some of the world’s largest technology companies. AI can excel at specific narrow tasks such as […]
Crypto crime hit a record $14bn in 2021
(Opalesque) Crypto crime hit a new all-time high in 2021 with illicit addresses receiving $14bn amid an explosion of interest in digital assets. Activity associated with illicit addresses jumped to new heights from a total of $7.8bn in 2020. Illicit […]
SEC Charges ICO Issuer and Founder with Defrauding Investors
(HedgeCo.Net) The Securities and Exchange Commission has announced charges against Australian citizen Craig Sproule and two companies he founded, Crowd Machine, Inc. and Metavine, Inc., for making materially false and misleading statements in connection with an unregistered offer and sale […]
Here’s how much money Apple CEO Tim Cook made in 2021
(CNBC) Apple CEO Tim Cook received $98.73 million in compensation in the company’s fiscal 2021, according to an SEC filing published on Thursday. The pay disclosure comes after a stellar year for Apple in which it reported 33% revenue growth […]
The Federal Reserve is scaring markets with the triple threat of policy tightening
(CNBC) Investors have been preparing for the Federal Reserve to start hiking interest rates. They also know the central bank is cutting the amount of bonds it buys each month. On top of that, they figured, eventually, the tapering would […]
Hedge funds are selling tech shares at their fastest pace in a decade as rates spike
(CNBC) Surging bond yields have triggered hedge funds to sell growth-focused technology shares at a speed not seen in the past decade. The hedge fund community dumped tech stocks in the four sessions between Dec. 30 and Tuesday as interest […]
GameStop shares surge on report it will create NFT marketplace
(CNBC) GameStop shares rose more than 22% in extended trading Thursday after The Wall Street Journal reported the retailer plans to create a marketplace for non-fungible tokens, often called NFTs. GameStop also plans to establish cryptocurrency partnerships to create games […]
Chess masters’ hedge fund up 19% in 2021
(Opalesque) Chessica LP, a market-neutral hedge fund, may have changed hands a few times but it is still thriving with annualised returns of 11.8% since its early-2010 inception. “The strategy is based on the concept of Delta Neutral*,” explains Alex […]
Global venture investment jumped up 92% totaling $643bn in 2021
(Opalesque) Global venture funding in 2021 broke records across the board as venture investment last year totaled $643 billion, compared to $335 billion for 2020-marking 92% growth year over year, said a report. According to the Crunchbase report, the investment […]
Hedge fund Senvest posts 85% return in 2021 riding GameStop meme, among Wall Street’s best
(CNBC) There’s a famous market saying “As goes January, so goes the year.” The same can be said of last year’s January market mania and some of the 2021 hedge fund returns. In a year where the market lifted many […]