(Hedgeweek) A sharp rally in US and European shares over recent days has landed hedge funds betting on a decline in stock markets on either side of the pond with an estimated $43bn of losses, according to a report by […]

(Hedgeweek) Luxor Capital Group, a New York-based credit hedge fund that makes equity and fixed income investments globally, is in advanced talks to acquire Volta Trucks, an electric vehicle start-up that filed for bankruptcy last month, according to a report […]

(Hedgeweek) Ernst & Young (EY), the receiver appointed to handle the winding up of failed Canadian hedge fund Traynor Ridge Capital, is looking to team up with an investment adviser to assist in the sale of the firm’s assets, according […]

(Hedgeweek) While hedge funds have upped their bets on the “Magnificent Seven” tech stocks that have fuelled portfolio gains so far this year, another tech major, Tesla Inc, remains their most popular short position, according to a report by CityWire. […]

(CNBC) Sam Altman is back as CEO of OpenAI after inking a deal to return to the company following immense pressure from employees and investors on the board that ousted him less than a week ago. On Monday, hundreds of […]

(CNBC) Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is “built to last.” The 93-year-old legendary investor donated 1.5 million Class B shares of his […]

(CNBC) Cryptocurrencies fell Tuesday after Binance founder and CEO Changpeng Zhao, also known as “CZ,” pleaded guilty to criminal charges brought by the U.S. Department of Justice. Binance Coin slid 5.9%, after rising as much as 5% earlier in the […]

(CNBC) Binance’s VIP users were granted a set of special privileges, including an early heads-up from the crypto exchange if they were under investigation by law enforcement, according to the U.S. Treasury’s Financial Crimes Enforcement Network. Binance CEO Changpeng Zhao pleaded […]

(CNBC) Nvidia shares moved down 1% in extended trading on Tuesday after the chipmaker reported fiscal third-quarter results that surpassed Wall Street’s predictions. But the company called for a negative impact in the next quarter because of export restrictions affecting […]

(CNBC) Jeff Bezos is expected to be “aggressive” in selling more shares of Amazon.mBezos may sell as many as 8 million to 10 million shares, which would amount to more than $1 billion worth of stock, the according to sources. […]

(Hedgeweek)Digital asset investment products saw inflows totalling $176m last week in a continuation of consecutive weekly inflows that has now lasted 8 weeks, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares. To read this article:

(Hedgeweek) Lacklustre returns and a 90% fall in assets in the last four years has prompted Blackstone to close down the Blackstone Diversified Multi-Strategy fund which provided investors with exposure to a range of hedge funds and other trading strategies, […]