Monthly Archives: September 2022
Tesla changes leadership and sets new goals at Nevada Gigafactory
(CNBC) Tesla has shaken up leadership at the Gigafactory, its sprawling battery plant outside of Reno, Nevada, and is setting new goals for the facility. Former Vice President of Gigafactory Operations, Chris Lister was promoted to oversee the Gigafactory. To […]
CFTC fines Natixis $2.8m for failing to supervise derivatives trading desks
(Hedgeweek) The Commodity Futures Trading Commission has issued an order filing and settling charges against Natixis, requiting the global bank and swap dealer to pay a $2.8 million penalty for failure to diligently supervise traders on the bank’s New York-based […]
Digital asset investment products see minor inflows of $9.2m
(Hedgeweek) Digital asset investment products saw minor inflows totalling $9.2 million, according to the latest Weekly Fund Flows Report from CoinShares, although the predominant inflow was into short investment products. To read this article:
New Fed banking chief targeting crypto and climate change as top priorities
(CNBC) The Federal Reserve’s new banking regulator outlined a broad agenda in a speech Wednesday that pushed for action on stablecoins, climate change preparations and both the safety and fairness of the finance industry. To read this article:
Market bracing for another three-quarter point hike from the Fed this month
(CNBC) Traders are now seeing a near certainty that the Federal Reserve enacts its third consecutive 0.75 percentage point interest rate increase when it meets later this month. The probability of a three-quarter point hike moved to 82% on Wednesday […]
Stock futures are little changed after Wednesday’s rebound rally
(CNBC) Stock futures were flat early morning Thursday as Wall Street looked to build on its best day in nearly a month. Futures for the Dow Jones Industrial Average added 10 points, or less than 0.1%. Futures for the S&P […]
GameStop reports wider loss, announces partnership with crypto exchange FTX
(CNBC) GameStop said Wednesday that quarterly sales declined and losses widened, as it burned through cash and inventory swelled. The video game retailer also disclosed a new partnership with crypto exchange FTX. To read this article:
Perceptive Advisors Charged for Failing to Disclose SPAC-Related Conflicts of Interest
(HedgeCo.Net) The Securities and Exchange Commission has charged New York-based investment adviser Perceptive Advisors LLC with failing to disclose conflicts of interest regarding its personnel’s ownership of sponsors of special purpose acquisition companies (SPACs) into which Perceptive advised its clients […]
Stock futures are flat after another day of losses amid a surge in Treasury yields
(CNBC) Stock futures were little changed Tuesday evening after the major averages added to weeks of losses amid a jump in bond yields. Futures tied to the Dow Jones Industrial Average were lower by points. S&P 500 futures edged […]
U.S. Treasury yields rise sharply following strong economic data
(CNBC) U.S. Treasury yields surged higher on Tuesday as investors responded to strong U.S. economic data by betting on further rate hikes from the Federal Reserve. The yield on the benchmark 10-year Treasury note hit a daily high of 3.353%, […]
Tech stocks lured hedge funds in August
(Reuters) Hedge funds got back in to stocks in the technology, media and telecom (TMT) sector in August, in the most active buying since February 2021, according to a Goldman Sachs prime services report. Long buys in the so-called TMT […]
Hedge fund boss Tropin predicts tough times ahead for stock-pickers
(Hedgeweek) Hedge fund Graham Capital Management founder Kenneth Tropin is predicting tough times ahead for those looking to make money by tracking big stock indexes, according to a report by Reuters. To read this article: