Monthly Archives: May 2022

(Hedgeweek) Tiger Global’s main hedge fund posted a 15.2% drop in April bringing losses year to date to almost 44%, according to a report by BusinessTimes. To read this article:

(CNBC) Stock futures inched higher in overnight trading as investors braced for the Federal Reserve’s big interest rate decision on Wednesday, where the central bank is widely expected to hike rates by half a percentage point. Futures on the Dow […]

(Opalesque) Investors removed an estimated net $8.96 billion from hedge funds in March. Performance accounted for an increase in assets. The result of both factors was an increase in estimated industry AUM to $3.623 trillion, said eVestment. It is difficult […]

(CNBC) Airbnb reported better-than-expected results on Tuesday and gave an upbeat forecast for the second quarter, as the company sees a rebound in travel coming out of the pandemic. The shares rose more than 6% in after-hours trading. To read […]

(CNBC) AMD reported first-quarter earnings after the bell on Tuesday, beating analyst estimates for earnings and revenue, sending the stock up as much as 8% in extended trading. Here’s how the chipmaker did versus Refinitiv consensus estimates in the quarter […]

(CNBC) Shares of Lyft lost more than a quarter of their value in after-hours trading Tuesday after the company provided light second-quarter guidance and warned investors it will have to keep spending on driver incentives. To read this article:

(Reuters) Hedge fund Citadel avoided April’s stock market drop and posted gains in its most prominent strategies, easily besting the average hedge fund returns which were in the red last month. Ken Griffin’s Citadel told investors that its multi-strategy flagship […]

(Reuters) Ken Griffin, the billionaire founder of Citadel Securities, one of the world’s biggest market-making firms, said on Monday he envisions the company entering the cryptocurrency market as a combination of a liquidity provider and an exchange. To read this […]

(Opalesque) Recession fears are growing among institutional investors, according to the latest CIO letter from UBS O’Connor. According to O’Connor CIO Kevin Russell, institutional investors have largely priced in the risks from the war in Ukraine and are now considering […]

(CNBC) The Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so much that it tips into recession. Financial markets expect the central bank on Wednesday to announce a half-percentage point increase in the […]