Monthly Archives: January 2025

Hedge funds help fuel MicroStrategy’s bitcoin buying spree

(Hedgeweek) Hedge funds are helping to drive MicroStrategy’s bitcoin acquisition strategy, with the company having announced another multimillion dollar purchase of the cryptocurrency, marking its eighth consecutive week of acquisitions, according to a report by Bloomberg. To read this article:

Despite Citadel founder’s predictions, multistrategy hedge fund boom continues

(Hedgeweek) Citadel founder Ken Griffin was only half correct last month when he claimed the multistrategy hedge fund boom had “come and gone,” according to a report by Bloomberg. To read this article:

The battered bond market starts 2025 facing some difficult issues about debt

(CNBC) As if the bond rout in 2024 wasn’t bad enough, fixed income investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due. Nearly $3 trillion of U.S. debt is expected to […]

Odey files $79m libel lawsuit against Financial Times

(Hedgeweek) Hedge fund manager Crispin Odey is seeking at least $79m in damages from the Financial Times, filing a libel lawsuit against the publication, according to a report by the Guardian citing court documents. To read this article:

Nasdaq 100 futures slide, Alphabet shares drop after results: Live updates

(CNBC) Futures tied to the tech-heavy Nasdaq 100 fell Tuesday night after a pair of mega-cap tech companies posted their quarterly results. Wall Street also looked toward the Federal Reserve’s decision on rate policy.  Nasdaq 100 futures declined 0.8%. Futures […]

Point72 to increase quant quota in new London office

(Hedgeweek) Point72 is set to ramp up the quota of quants based at its new London office in St James’s Square, which opened last week, having steadily added Portfolio Managers and Analysts in recent months, according to a report by […]

Hedge funds buy Chinese stocks at fastest rate in five years

(Hedgeweek) Hedge funds upped their acquisitions of Chinese stocks to the fastest pace seen in over five years during a three-day period last week, according to a report by Reuters which cites a client note from Goldman Sachs.  To read […]

AMD shares fall as first-quarter forecast comes in light

(CNBC) AMD reported fourth-quarter earnings Tuesday that were in line with analyst expectations. And while the semiconductor company’s revenue beat estimates, AMD offered a first-quarter forecast that fell short of expectations. AMD stock slid more than 6% in extended trading, […]

Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide

(CNBC) A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s board of directors failed to prove “that the compensation plan was fair” or show much evidence that they had […]

Wall Street punishes Alphabet and Microsoft despite earnings beats after stocks hit record

(CNBC) Results were good, but not good enough. That’s Wall Street’s reaction to quarterly results on Tuesday from Alphabet and Microsoft. Both companies reported revenue and earnings that exceeded estimates, yet the stocks sold off in extended trading. In investor […]

A change to this one clause could be the most important part of the Fed meeting

(CNBC) All eyes are likely to gravitate to one small piece of wording that could unlock the future of monetary policy. In its post-meeting statement, the central bank is expected give an important hint about interest rate moves to come […]

Founder of $1.7 Billion “HyperFund” Charged in Alleged Crypto Pyramid Scheme and Fraud

(HedgeCo.Net) The Securities and Exchange Commission has charged Xue Lee (aka Sam Lee) and Brenda Chunga (aka Bitcoin Beautee) for their involvement in a fraudulent crypto asset pyramid scheme known as HyperFund that raised more than $1.7 billion from investors […]