Category Archives: Syndicated

Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump

(CNBC) Billionaire investor Stanley Druckenmiller believes Donald Trump’s re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses. “I’ve been doing this for 49 years, and we’re probably going from the most anti-business administration to the opposite,” Druckenmiller […]

Bitcoin touches new high of $109,000, then reverses in volatile session on Trump inauguration day

(CNBC) Bitcoin spiked to a new all-time high early Monday but pulled back following the inauguration of President Donald Trump. The flagship cryptocurrency was last lower by more than 2% at $103,558.38, according to Coin Metrics, in what appeared to be a […]

TikTok restoring U.S. service after Trump provided ‘assurance’

(CNBC) “In agreement with our service providers, TikTok is in the process of restoring service,” TikTok wrote. “We thank President Trump for providing the necessary clarity and assurance to our service providers that they will face no penalties providing TikTok […]

Hedge funds and private equity firms pour more money into Lloyd’s ILS vehicle

(CNBC) International hedge funds and private equity firms are increasingly investing in Lloyd’s of London’s tax-exempt investment vehicle, as the 300-year-old UK institution expands its efforts to attract global investors, according to a report by the Financial Times. To read […]

The Bitcoin Opportunity Fund eyes $50m fundraise

(Hedgeweek) International hedge funds and private equity firms are increasingly investing in Lloyd’s of London’s tax-exempt investment vehicle, as the 300-year-old UK institution expands its efforts to attract global investors, according to a report by the Financial Times. To read […]

Bitcoin surges ahead of crypto in 2024

(Hedgeweek) During a stellar year for cryptocurrencies, hedge funds specialising in digital assets also posted strong performances – but many still fell short of matching the returns of the industry’s flagship token, bitcoin, according to a report by Bloomberg.  To […]

Stock futures tick higher after Dow ends three-day winning run: Live updates

(CNBC) Stock futures ticked higher early Friday after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing streak. Futures tied to the 30-stock Dow added 55 points, or around 0.13%. S&P 500 futures and Nasdaq 100 futures both inched up 0.18% and 0.2% respectively. To […]

Trump and bitcoin: BlackRock predicts another historic year for crypto

(CNBC) Bitcoin should rip higher under President-elect Donald Trump, according to BlackRock’s ETF chief. Samara Cohen, the firm’s ETF and index instruments chief investment officer, thinks cryptocurrency deregulation will “absolutely” propel bitcoin to another historic year. “There will be progress made on… FIT21 […]

Citadel sells $1bn bonds for owner payout

(Hedgeweek) Ken Griffin’s Citadel has raised $1bn through the sale of high-grade bonds on Wednesday to fund a payout to its owners, according to a report by Bloomberg UK. To read this article:

Wall Street banks had a great quarter, and the boom times are just starting

(CNBC) American investment banks just disclosed a record-smashing quarter, helped by surging trading activity around the U.S. election and a pickup in investment banking deal flow. Traders at JPMorgan Chase, for instance, have never had a better fourth quarter after seeing revenue surge […]

Apple has worst day since August following reports of China, AI struggles

(CNBC) Apple stock closed down 4% on Thursday, its worst day since Aug. 5, following several reports of lackluster iPhone sales in China. The iPhone maker’s stock price is down nearly 12% from its most recent peak in December, and it’s […]

JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive

(CNBC) JPMorgan Chase executives Fresh off a record year for profit and revenue, is facing questions over what CFO Jeremy Barnum admitted was a “high-class problem”: the bank has, by some estimates, roughly $35 billion in money that it doesn’t need to satisfy regulators, or […]