Monthly Archives: February 2024

(Hedgeweek) Activist US hedge fund firm Elliott Investment Management has had a second improved offer to acquire Currys rejected by the board of the UK electrical and electronics retailer, amid rumored interest from other potential suitors, according to a report […]

(CNBC) Stock futures ticked lower on Tuesday evening as investors looked ahead to a key inflation report due later this week. Futures tied to the Dow Jones Industrial Average slipped 40 points, or 0.1%. S&P 500 futures pulled back 0.04%, […]

(CNBC) Bumble on Tuesday announced plans to lay off about 350 employees as part of a restructuring plan. A company spokesperson said the cuts amount to about 30% of Bumble’s workforce. Bumble said the layoffs will help drive stronger operating […]

(Hedgeweek) Hedge funds returns measured by 0.42% in January, according to the gross return of the SS&C GlobeOp Hedge Fund Performance Index for the month. Hedge fund flows, meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.08% […]

(CNBC) MicroStrategy‘s HODL strategy is continuing to reward investors. The company said early this week that it acquired an additional 3,000 bitcoins for a total of $155 million between Feb. 15 and Feb. 25. MicroStrategy, along with its subsidiaries, now […]

(Hedgeweek) Digital asset investment products saw weekly inflows totalling $598m last week, marking the fourth consecutive week of inflows and taking year-to-date inflows have now to more than $5.7bn, according to a the latest Digital Asset Fund Flows Weekly Report […]

(Hedgeweek) Hedge funds are cashing out of the tech sector and selling their stock holdings at the fastest pace seen in seven months, after piling in over the weeks leading up to Nvidia’s earnings, according to a report by Bloomberg. […]

(Hedgeweek) A 90% fall in assets since 2016 has prompted Carlson Capital, the Dallas based hedge fund firm founded by Clint Carlson in 1993 which once managed about $9bn, to shutter its London office as part of a restructuring plan, […]

(CNBC) S&P 500 futuresare near flat early Tuesday as the market rally took a breather.Futures tied to the broad market index inched down by 0.04%, and Dow Jones Industrial Average futures slipped 15 points, off by 0.04%. Nasdaq 100 futures […]

(CNBC)The price of bitcoinshot above the $54,000 level on Monday after waking up from a week of tepid trading.The flagship cryptocurrency was last higher by 5% at $54,460.00, according to Coin Metrics. At its session high, bitcoin hit $54,965.26 and […]

(CNBC)Berkshire Hathawayshares slipped Monday, despite hitting an all-time high following strong earnings from Warren Buffett’s conglomerate over the weekend. Berkshire’s Class A shares last fell by 2.2%. Earlier in the session, the stock reached an all-time intraday high of $647,039, […]

(CNBC) JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion takeover of Discover Financial gets approved. “My view is, let them compete,” Dimon said. “Let them try, and if […]