Monthly Archives: February 2022
The value of Warren Buffett’s Apple investment just went up by $9.8 billion in less than a day
(CNBC) The value of Berkshire Hathaway’s holdings in Apple increased $9.8 billion last week as Apple stock rose nearly 7% on a strong earnings report. Apple reported December quarter earnings of nearly $124 billion in sales and strong sales growth […]
Fed’s Bostic tells the FT the central bank could hike rates by a half-point if needed
(CNBC) The Federal Reserve isn’t ruling out raising interest rates by half of a percent instead of the typical quarter-point move if inflation remains high, Atlanta Fed President Raphael Bostic said in an interview with the Financial Times. Bostic reiterated […]
Big swings in the market are more normal than investors might expect, but things could get worse
(CNBC) The stock market’s wild gyrations this past week have been an emotional roller coaster for investors, and the ride has not come to a full stop. It feels bad right now, and strategists say it could get worse as […]
Activist hedge fund Elliott reveals NiSource stake
(Hedgeweek) Activist investor Elliott Management has backed NiSources’ decision to appoint a new chief executive officer (CEO) having revealed a stake in the US utility company, according to Reuters. To read this article:
SEC Charges CEO for acting as an Unregistered Broker
(HedgeCo.Net) The Securities and Exchange Commission has announced charges against Glen A. Stewart, CEO of Colorado-based Wiser Investments, Inc., for acting as an unregistered broker and illegally selling Wiser securities in unregistered transactions to retail investors. According to the SEC’s […]
Hedge funds attract $6.39bn of new capital to start 2021
(Opalesque) There were 42 launches in Q3 of 2020-the lowest of any fiscal quarter of the last five years-and of those launches, very few had a sizeable AuM. However, according to new research by HFM, almost three in five investors […]
U.S. equity funds attract $14.4 billion in week – Lipper
(Reuters) U.S.-based stock funds in the week ended Wednesday posted inflows of $14.4 billion, according to Lipper. U.S. taxable bond funds attracted $4.1 billion, the 10th straight weekly inflow, money market funds drew $13.2 billion and municipal bond funds attracted […]
Why stock investors are starting to really worry about rising bond yields
(CNBC) Stock investors are trying desperately to interpret what a rise in bond yields means for the stock market. Since February 10th, 10-year Treasury yields — which are not inflation adjusted — have moved from 1.13% to as high as […]
Dow falls 560 points amid surging yields, Nasdaq sheds 3.5% in worst sell-off since October
(CNBC) U.S. stocks fell sharply Thursday as an outsized surge in bond yields spooked investors, who rushed to dump risk assets, especially high-flying technology names. The Dow Jones Industrial Average dropped 559.85 points, or 1.8%, to 31,402.01, slipping from a […]
The bond market is betting on a red hot economy and stocks don’t like it
(CNBC) Growing inflation concerns, optimism the economy could surge and some technical factors are combining to drive interest rates higher at a rapid clip. But on Thursday, for the first time, the market has begun to question how long the […]
Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations
(CNBC) Short-term rental booking company Airbnb’s stock bounced around, up as much as 4% and down as much as 1%, in after-hours trading on Thursday as the company posted growing losses and a decline in revenue and bookings in its fourth-quarter […]
World’s top 10 hedge fund managers earn $20.1 billion in 2020
(Reuters) Millennium Management’s Israel Englander earned $3.8 billion last year, landing him the biggest payday of any hedge fund manager in 2020, showed data from Institutional Investor. Englander more than doubled his $1.5 billion payday in 2019 and made $2 […]
