Category Archives: Syndicated

A major shift is underway at the Federal Reserve that could see a speedier end to its easy policies

(CNBC) A major shift is underway at the Federal Reserve to begin to remove the central bank’s massive pandemic easing policies, and could see it hike rates sooner than is priced in by markets. Comments by Fed officials suggest the […]

Dow futures jump nearly 200 points, continuing rebound in markets as investors reassess omicron risk

(CNBC) Stock futures continue to climb jumping early Tuesday morning after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant. Futures on the Dow Jones Industrial Average rose 196 points. […]

Evergrande set for restructuring, with no word on first formal default

(CNBC) Evergrande is set to forge ahead into a debt restructuring that would include all of its offshore public bonds and private debt, according to analysts. To read this article:

Hackers take $196 million from crypto exchange Bitmart, security firm says

(CNBC) Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million […]

Steve Cohen-backed start-up bets on 24-hour trading so investors can react instantly to tweets

(CNBC)Hedge-fund billionaire and NY Mets owner Steve Cohen has invested in a crypto start-up that aims to launch a stock exchange with 24-hour trading. Cohen’s venture-capital fund Point72 Ventures is leading a $14 million funding round for 24 Exchange, a Bermuda-based […]

Bitcoin holds steady below $50,000 in volatile weekend trading

(CNBC) Bitcoin prices bounced around on Sunday but remained below $50,000, with the volatility continuing a weekend of wild trading that sent the cryptocurrency tumbling more than 17% in just 24 hours. The cryptocurrency traded at $49,122 around 5 p.m. […]

More turbulence could be ahead for stocks as investors weigh omicron and the Fed’s next steps

(CNBC) Volatility could continue to plague markets after a week of violent swings that sent many stocks plummeting. In the week ahead, investors await more news on the omicron Covid variant and another inflation report Friday that is expected to […]

Hedge fund flows rebound in October, as new data suggests growing capital concentration

(Opalesque) Investors poured more than $7 billion of new capital into hedge funds globally in October, the strongest capital inflows recorded in more than a decade for what is a traditionally quiet month for industry coffers – but there are […]

Elon Musk exercises more options, sells Tesla shares worth $1.01 billion

(CNBC) Tesla Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to meet his tax obligations related to the exercise of options to buy 2.1 million shares, regulatory filings showed on Thursday. To […]

Nvidia’s $40 billion Arm acquisition is now ‘highly unlikely’ to go through, analyst says

(CNBC) Nvidia’s $40 billion acquisition of U.K. chip designer Arm is looking increasingly unlikely to go through, according to Gartner semiconductor analyst Alan Priestley. The deal is facing a growing number of regulatory probes around the world, Priestley said, pointing […]

Fed’s inflation pivot could be catastrophic for stocks, fund manager says

(CNBC) Federal Reserve Chairman Jerome Powell’s retirement of the term “transitory” to describe inflation could have an unexpectedly bleak knock-on effect on risk assets, according to Cole Smead, president and portfolio manager at Smead Capital Management. To read this article:

Stock futures muted ahead of November jobs report as omicron concerns loom; Didi announces plan to delist

(CNBC) Stock futures were little changed in early morning trading Friday ahead of the November jobs report as the market nears the end of a roller-coaster week driven by Covid omicron variant developments. Futures on the Dow Jones Industrial Average […]