Monthly Archives: May 2023
Dow futures slip after Disney shares stumble on weak subscriber growth: Live updates
(CNBC) U.S. stock futures remained relatively flat on Wednesday night after Disney posted its latest quarterly results and investors look toward Thursday’s Producer Price Index report. Dow Jones Industrial Average futures fell by 6 points, or 0.02%. S&P 500 futures […]
Disney’s streaming losses improve even as subscriber numbers decline
(CNBC) Disney on Wednesday reported that its streaming losses narrowed as price increases helped offset the loss of 4 million subscribers at Disney+. The company, which posted revenue and profit in line with Wall Street’s projections, also reported significant growth […]
Carl Icahn’s company stock falls 15% after prosecutors seek financial information
(CNBC) Icahn Enterprises, Carl Icahn’s conglomerate, saw its stock drop again Wednesday after a disclosure showed federal investigators are seeking information regarding its corporate governance. The shares fell 15.1% Wednesday, following a near 25% loss last week. A regulatory filing […]
Global hedge fund launches slump to lowest level since 2017, says Preqin
(Hedgeweek) On-going bouts of market volatility coupled with the current turmoil in the banking sector have seen global hedge fund launches slump to the lowest level seen since 2017, according to a report by Reuters, citing information from data services […]
Short-bitcoin sees record weekly outflows of $23m
(Hedgeweek) Digital asset investment products saw outflows totalling $54 million last week, representing the third consecutive week of negative sentiment for the asset class, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read this article:
MFA urges SEC to withdraw amendments to custody rule
(Hedgeweek) he Managed Funds Association (MFA) has submitted a comment letter to the US Securities and Exchange Commission (SEC) calling for the proposed custody rule to be withdrawn and only re-proposed after addressing fundamental flaws with the proposal and conducting […]
Emerging managers prioritise headcount and fintech investment for growth in 2023
Hedgeweek) Emerging alternative investment managers are prioritising the acquisition of top talent, and investments in third-party data providers and technology platforms as they look to grow their businesses in 2023, according to a new report by alternative investments fintech Dynamo […]
Swap Dealer Pays Over $6.8 Million for Violations of Swap Dealer Business Conduct Standards
(HedgeCo.Net) The Commodity Futures Trading Commission has issued an order simultaneously filing and settling charges against New York-based, provisionally registered swap dealer Mizuho Capital Markets LLC for trade practice violations of the Swap Dealer Business Conduct Standards in the Commodity […]
Hedge funds post gains in April as managers navigate banking turmoil
(Hedgeweek) Hedge funds posted gains in April as managers navigated the banking turmoil and volatility that accelerated throughout the month and extended into May with the closure and distressed acquisition of First Republic Bank, according to HFR. To read this […]
Goldman Sachs to pay $215 million to end gender bias lawsuit
(CNBC) Goldman Sachs Group agreed to pay $215 million to settle a class action alleging widespread bias against women in pay and promotions, ending one of the highest-profile lawsuits claiming unequal treatment of women on Wall Street. The settlement disclosed […]
Stock futures are higher as investors await key inflation report: Live updates
(CNBC) Stock futures were all higher in overnight trading as Wall Street braced for a key inflation report. Futures tied to the Dow Jones Industrial Average added 13 points, or 0.04% while S&P 500 futures and Nasdaq-100 futures climbed 0.07% […]
Bittrex files for bankruptcy, and Irish official equates crypto to ‘Ponzi schemes’
(CNBC) To watch this video on CNBC’s Crypto World Click Here: