Category Archives: Syndicated

Stock futures are little changed after S&P 500, Nasdaq notch best day in more than a year: Live updates

(CNBC) Stock futures were little changed Friday, after the S&P 500 and the Nasdaq Composite posted their best day since early 2023. Futures tied to the Dow Jones Industrial Average ticked up 54 points, or 0.1%. S&P 500 futures inched […]

Rokos makes $1bn from US bond bet

(Hedgeweek) Rokos Capital Management, the macro hedge fund major founded by Chris Rokos, stands to make a profit of more than $1bn after a bet on US interest rates paid off following a sell-off in US bonds, according to a […]

Hedge funds sell US stocks as major indices slide

(Hedgeweek) Hedge funds turned net sellers of US stocks last week, selling more shares than they bought as the major US stock indexes turned negative following five straight weeks of gains, according to a report by Reuters. To read this […]

Nvidia shares pop 16% after AI-fueled bumper earnings

(CNBC) The U.S. tech giant reported revenue of $22.10 billion for its fiscal fourth quarter, a rise of 265% year on year, while net income surged by 769%, as the company continues to see a boost from excitement over artificial […]

OpenAI CEO Sam Altman stands to net millions as Reddit goes public

(CNBC) OpenAI CEO Sam Altman will be in a position to make millions after Reddit goes public, thanks to a series of bets on the online discussion board company that go back to 2014. Altman holds 9.2% of voting power […]

Intuitive Machines stock has more than tripled. How Wall Street reads the moon-fueled rally

(CNBC) Much like Intuitive Machines’ spacecraft, its stock has been flying to the moon the past week. In a little over a month since hitting all-time lows, and as its IM-1 mission made its way to the lunar surface, shares […]

S&P 500 futures rise Nvidia shares jump: Live updates

(CNBC) S&P 500 futures rose in overnight trading Wednesday, boosted by a jump in Nvidia shares as the chip giant posted record revenue and issued upbeat guidance. S&P 500 futures climbed 0.7% and Nasdaq 100 futures gained more than 1%. […]

Hedge funds cut Magnificent Seven bets in Q4

(Hedgeweek) Concerns over potential extremes in the market prompted hedge funds to reduce their exposure to the so-called Magnificent Seven megacap tech stocks in the final quarter of last year, according to a report by Bloomberg. To read this article:

Millennium’s Englander pips Citadel’s Griffin as top hedge fund earner

(Hedgeweek) Izzy Englander, the founder of multi-strategy hedge fund major Millennium Management, has pipped Ken Griffin, boss of rival firm Citadel, to top spot in a list of the hedge fund industry’s top earners for 2023, according to a report […]

Morgan Stanley IM launches MS INVF Systematic Liquid Alpha Fund

(Hedgeweek) Morgan Stanley Investment Management (MSIM) has launched the MS INVF Systematic Liquid Alpha Fund, which will be managed by its $25bn hedge funds team and will leverage a diversified set of investment strategies across different asset classes, including equity, […]

Digital assets funds see record $2.45bn weekly inflows

(Hedgeweek) Digital asset investment products saw record weekly inflows last week, totalling $2.45bn, taking inflows for the year to date to $5.2bn, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares. To read this article:

Nvidia posts revenue up 265% on booming AI business

(CNBC) Nvidia reported fourth fiscal quarter earnings that beat Wall Street’s forecast for earnings and sales, and said revenue during the current quarter would be better than expected, even against elevated expectations for massive growth. Nvidia shares rose about 10% […]