Monthly Archives: May 2023

(Hedgeweek) A double-whammy of falling inflation and an unfriendly regulatory environment in the US has lessened bitcoin’s appeal, according to Paul Tudor Jones, founder of the $12 billion hedge fund firm Tudor Investment Corporation. To read this article:

(CNBC) Consumers barely kept up with inflation in April, as retail sales increased but fell short of expectations, the Commerce Department reported Tuesday. The advanced sales report showed an increase of 0.4%, below the Dow Jones estimate for 0.8%. Excluding […]

(Hedgeweek) Sterling’s recent rally, which has made it the best performing major currency in the developed world so far this year, may be nearing the end of its run as hedge funds are now cashing in on its 3%-plus gain […]

(Hedgeweek) Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management LLC were among the prominent hedge funds that acquired shares of Facebook parent Meta Platforms Inc during the first quarter of the year, according to a report by Reuters. To […]

(CNBC) U.S. stock futures were little changed on Monday evening, as all eyes on Wall Street turn to a Tuesday meeting between congressional leaders and President Joe Biden.Futures tied to the S&P 500 slipped 0.08%, while Nasdaq 100 futures inched […]

(CNBC) Billionaire hedge fund manager Paul Tudor Jones believes the Federal Reserve has finished raising interest rates in its fight against inflation, and the stock market could grind higher this year. “I definitely think they are done,” Jones said Monday on CNBC’s […]

(CNBC) Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid a sharp pullback in home borrowing. The total for borrowing across all categories hit $17.05 trillion, an increase of […]

(Hedgeweek) Chase Coleman’s technology-focused investment manager Tiger Global is exploring options to cash in a part of its $40 billion portfolio of privately held companies through secondary market sales, according to a report by Bloomberg. To read this article:

(Hedgeweek) Daniel Loeb, the founder of hedge fund Third Point Capital, has scrapped plans to acquire global speciality insurers SiriusPoint Ltd according to a report by Reuters citing a regulatory filing made on Friday. To read this article:

(Hedgeweek) Falling volatility has seen a number of algorithmically driven hedge funds ramp up the rate of their stock buying to one of the fastest levels in a decade, according to a report by The Financial Times, citing data from […]