Monthly Archives: April 2023

(Hedgeweek) Hedge funds’ performances in March were mixed as bank risk soared amidst instability and dislocations resulting from several bank failures and the acquisition of Credit Suisse by UBS, according to data released by HFRI. To read this article:

(CNBC) U.S. stock futures rose slightly on Monday evening as investors look toward the release of economic data later this week.  Dow Jones Industrial Average futures ticked higher by 55 points, or 0.2%. S&P 500 and Nasdaq 100 futures added […]

(CNBC) Bitcoin climbed on Monday evening, topping the key psychological level of $30,000 as investors awaited key inflation data later in the week that could steer crypto prices. The largest cryptocurrency by market cap rose 7% to $30,193.25 for the […]

(CNBC) Two top progressive lawmakers questioned whether Silicon Valley Bank offered its largest depositors unusually cushy treatment, one month after the institution collapsed and sparked broader damage to the banking system. In letters to depositors dated Sunday, Sen. Elizabeth Warren, […]

(CNBC) Consumers are getting more pessimistic about inflation and their access to credit, according to the results of a monthly survey the New York Federal Reserve released Monday. Respondents expect prices to rise by half a percentage point in the […]

(CNBC) Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month and a giant acceleration from a year ago. Planned layoffs totaled 89,703 for the period, an increase of 15% from February. Year to date, […]

(CNBC): U.S equity futures rose slightly Sunday evening as investors looked ahead to key inflation data and the start of first-quarter earnings season. Futures tied to the broad market S&P 500 rose 0.2% and Dow Jones Industrial Average futures edged […]

(CNBC) When Microsoft first invested $1 billion in OpenAI in 2019, the deal received no more attention than your average corporate venture round. The startup market was blazing hot, and artificial intelligence was one of many areas attracting mega-valuations, alongside […]

(Hedgeweek) Global macro hedge fund firm Rokos Capital Management has reported double digit losses for March as big market swings during the month, triggered by the banking crisis, hurt some, but not all, hedge fund returns, according to a report […]

(Hedgeweek) An Odey Asset Management commodities-focused hedge fund run by portfolio manager Henry Steel, and personally backed by the firm’s founder Crispin Odey, has been shuttered following losses linked to large Russian positions last year, according to a report by […]