(CNBC) Nike’s stock tumbled Wednesday for the 10th day in a row after Foot Locker reported dismal quarterly results and consumers continue to pull back from the footwear sector.  The sneaker giant’s shares closed about 2.7% lower. The 10-day losing […]

(Hedgeweek) Pershing Square, the US equities hedge fund founded by Bill Ackman, underperformed in the first half of the year, partly due to efforts to protect the firm against rises in long-term inflation, according to a report by CityWire. To […]

(Hedgeweek) Sculptor Capital Management received multiple takeover bids in excess of the $639m offer it accepted from Rithm Capital Corp last month – some valuing the firm at more than $700m – according to a report by Bloomberg. To read […]

(CNBC) Stock futures are near flat Tuesday night as investors awaited on the latest crop of corporate earnings reports from well-known names including Nvidia. Dow Jones Industrial Average futures added 22 points, or 0.1%. S&P 500 and Nasdaq 100 futures […]

(Hedgeweek) Digital asset investment products saw outflows totalling $55m last week, as investors reacted to media reports that an SEC decision on allowing US spot-based ETFs is not imminent, according to the latest Digital Assets Fund Flows Weekly report from […]

(Hedgeweek) The talent war between Citadel and Balyasny Asset Management has flared up again with Ken Griffin’s Miami-based firm alleging that several Citadel employees misappropriated confidential information before leaving to join Balyasny, according to a report by Bloomberg. To read […]

(Hedgeweek) The approach adopted by the US Securities and Exchange Commission (SEC) in its proposal requiring public disclosure of large security-based swap (SBS) positions (Rule 10B-1) is “critically flawed”, according to the Managed Funds Association (MFA). To read this article:

(Hedgeweek) Freddie Neave has continued to cut risk at Odey Asset Management’s flagship European Inc fund having removed the leveraged bond bets placed by former boss and Odey AM founder Crispin Odey, ahead of moving the fund to a new […]

(CNBC) U.S. stock futures were flat Monday night as the Nasdaq Composite and the S&P 500 snapped a four-day negative streak, in what has been a losing month for all the major averages.  Futures tied to the Dow Jones Industrial […]

(Hedgeweek) Credit Suisse has told its hedge fund and other institutional clients that it is shutting down its cash equity sales business as part of a global overhaul of the bank’s operations by new owner UBS Group, according to a […]

(CNBC) Arm, the chip designer owned by Japan’s SoftBank, filed for a Nasdaq listing on Monday, positioning itself to go public during a historically slow period for tech IPOs. The company wants to trade under the ticker symbol “ARM.” Arm […]

(CNBC) The crypto market was lower to start the week after bitcoin posted its worst week since May. Bitcoin was higher by just 0.02% at the $26,136.36, according to Coin Metrics. Last week, it lost 11% due to a sharp […]