CNBC) Nvidia shares closed up more than 7% on Monday, underscoring how investors believe the company’s graphics processing units, or GPUs, will continue to be the most popular computer chips used to power massive large language models that can generate […]

(Hedgeweek) Global equities have finally attracted the attention of trend-following hedge funds on the back of falling volatility as hopes rise that interest rate rises are coming to an end, according to a report by The Financial Times. To read […]

(CNBC) Former Goldman Sachs CEO Lloyd Blankfein said he couldn’t imagine returning to his old firm, disputing a news report that said Blankfein offered to return in some capacity. The New York Times piece “misquoted” the former executive, Blankfein told […]

(Hedgeweek)Landseer Asset Management UK is in talks with Odey Asset Management over the transfer of portfolio manager Freddie Neave, who runs its flagship hedge fund, as the firm continues to deal with the fallout from multiple sexual assault allegations made […]

(Hedgeweek) The Noble Absolute Return ETF (NOPE), an exchange traded fund launched by hedge fund veteran George Noble in September last year to provide “access to strategies that are typically not available to average investors”, is to liquidate after less […]

(Hedgeweek) Daniel Loeb, the Chief Executive Officer of hedge fund Third Point Management, has entered into a standstill agreement with SiriusPoint whereby he will hold off on attempts to take the Bermuda-based specialty insurer and reinsurer private for two years. […]

(CNBC) Stock futures rose slightly on Sunday evening as Wall Street looked to shake off a rough start to August. Futures tied to the S&P 500 ticked up 0.2%. Those for the Nasdaq 100 gained 0.3%, while Dow Jones Industrial […]

(CNBC) SoftBank is in talks to acquire the 25% stake in Arm it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, according to people familiar with the matter, potentially delivering […]

(CNBC) Sam Bankman-Fried headed to jail on Friday after a judge sided with a request by federal prosecutors to revoke the FTX founder’s bail over alleged witness tampering. Bankman-Fried was remanded to custody directly from a court hearing in New […]

(Hedgeweek) Freddie Neave, who took over the management of Odey Asset Management’s European Inc fund following the departure of  the firm’s founder Crispin Odey, has dropped the fund’s short positions against UK government bonds, according to a report by Reuters. […]

(CNBC) UBS on Friday said that it has ended a 9 billion Swiss franc ($10.27 billion) loss protection agreement and a 100 billion Swiss franc publicly liquidity backstop that were put in place by the Swiss government when it took […]

(CNBC) The Biden administration’s executive order restricting U.S. private equity and venture capital investments in Chinese technology finally landed on Wednesday. For U.S. tech investors who’d already grown wary of the budding cross-Pacific rivalry, the ruling is the clearest signal […]