Category Archives: Syndicated

HPE to acquire Juniper Networks for $14 billion

(CNBC) Hewlett Packard Enterprise said it’s agreed to buy networking gear vendor Juniper Networks for about $14 billion, or $40 per share, in an all-cash deal. To read this article:

Hedge funds cut tech and consumer stock bets in early 2024

(Hedgeweek) The tech stock sell-off by global hedge funds continued for the third week running last week with mangers with managers cutting their long wagers in the sector at the highest level seen in 11 weeks, according to a report […]

Top Goldman Sachs analyst says the world is moving into a new super cycle

(CNBC) “We are moving clearly into a different super cycle.” Super cycles are commonly defined as lengthy periods of economic expansion, often accompanied by growing GDP, strong demand for goods leading to higher prices and high levels of employment. To […]

Samsung warns fourth-quarter profit could plunge 35%, misses expectations

(CNBC) Samsung said that for the October-December quarter, operating profit is likely to be 2.8 trillion South Korean won ($2.13 billion), down 35% from the same period a year ago where the firm reported an operating profit of 4.31 trillion […]

Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut yet

(CNBC) Based on progress, Governor Bowman’s view has evolved to consider the possibility that the rate of inflation could decline further with the policy rate held at the current level for some time,” she said. “Should inflation continue to fall […]

Haidar follows record 193% gain with big double-digit loss

(Hedgeweek) A dramatic reversal in fortunes at macro trader Said Haidar’s Jupiter Fund has left investors nursing big double digital losses for last year, following record returns in the previous 12 month period, according to a report by Bloomberg. To […]

Brevan sees mixed returns from hedge funds

(Hedgeweek) Brevan Howard saw mixed results from its hedge funds last year with the firm’s digital currency fund surging to a 40%-plus gain while its flagship fund ended the year in negative territory, according to a report by Bloomberg. To […]

Two Sigma posts solid gains despite year of drama

(Hedgeweek) While a long-running feud between Two Sigma Co-Founders John Overdeck and David Siegel was making headlines last year, the secretive quant major was quietly generating steady returns for its investors, according to a report by Business Insider. To read […]

Peconic ups shorts following 31% 2023 gain

(Hedgeweek) Peconic Partners, the $1.5bn hedge fund firm founded by Bill Harnisch has upped its short wagers against US listed companies in the belief that the recent stock market rally will soon run out of steam, according to a report […]

Coinbase is planning a pivotal acquisition that will allow it to launch crypto derivatives in the EU

(CNBC) Coinbase plans to offer crypto-linked derivatives in the European Union, and it’s planning to acquire a company with a license to do so. The U.S. cryptocurrency exchange told CNBC exclusively that it entered into an agreement to buy an […]

Stock futures are little changed after S&P 500 snaps nine-week win streak:

(CNBC) U.S. stock futures were little changed Sunday night after the major averages kicked off 2024 with a down week, as traders look ahead to inflation data and big bank earnings in the week ahead. Dow Jones Industrial Average futures […]

Bridgewater’s flagship macro fund down 7.6% in 2023

(Hedgeweek) Bridgewater Associates’ flagship macro hedge fund, the Pure Alpha II Fund, saw 7.5% of YTD gains wiped out in the final two months of last year to finish 2023 with a 7.6% decline, according to a report by Bloomberg. […]