(Hedgeweek) Hedge fund firms that invest in credit are of more interest to allocators than any other strategy for the second year running, according to the Goldman Sachs prime services hedge funds insights and analytics team’s 2024 Hedge Fund Industry […]

(Hedgeweek) Balyasny Asset Management has added Peter Anderson, previously a Senior Research Scientist at Google, as a Senior AI Researcher to its applied artificial intelligence team, led by Charlie Flanagan, according to a report by eFinancial Careers. To read this […]

(CNBC) Stock futures were near flat Thursday night as investors analyzed the fresh batch of corporate earnings and attempted to look beyond the latest inflation reading. Futures tied to the Dow Jones Industrial Average lost 10 points, trading near the […]

(Hedgeweek) US crypto index fund manager Bitwise Asset Management’s Bitwise Bitcoin ETF (BITB) has surpassed $2bn in AUM just two months after the Securities and Exchange Commission gave the go-ahead for the launch of the first spot bitcoin ETFs in […]

(Hedgeweek) Steve Cohen’s Point72 Asset Management is limiting new investor inflows in a bid to ensure it secures the best possible returns for existing clients, with AUM already sitting at a record high of $32bn, according to a report by […]

(Hedgeweek) Hazeltree, a specialist in active treasury and intelligent operations technology for the alternative asset industry, has launched version 11, a series of enhancements to its treasury and liquidity management platform for hedge find and private markets clients. To read […]

(Hedgeweek)Balyasny Asset Management has added three new Portfolio Mangers to its trading team in both its New York and Miami offices as part of a broader restructuring of the multi-strategy major’s equity trading business, according to a report by Bloomberg. […]

(CNBC) Adobe’s revenue grew 11% year over year in the quarter, which ended March 1, according to a statement. Net income decreased to $620 million, or $1.36 per share, from $1.25 billion, or $2.71 per share, in the same quarter a […]

(CNBC) Dow Jones Industrial Average futures rose 32 points, or less than 0.1%. S&P 500 futures advanced 0.1%, and Nasdaq 100 futures climbed 0.2%. In after-hours action, trading platform Robinhood popped 10% after the company reported a 16% increase in […]

(Hedgeweek) The recent upturn in global financial markets has prompted hedge funds to place ever risker bets as they look to maximise returns, despite the use of trading in equities already sitting at near record levels, according to a report […]

(CNBC) Whenever Michael Saylor utters the word “bitcoin,” MicroStrategy shares pop. He has been doing a lot of uttering lately. Earlier this week, the MicroStrategy founder posted on social media platform X that his company had just purchased another 12,000 […]

(CNBC) Microsoft is rolling out an unorthodox pricing model for its new security chatbot that becomes available to the public on April 1. On Wednesday, Microsoft said it will use a consumption-based model, charging $4 per “security compute unit.” Andrew […]