HedgeCo Insights

(CNBC) Italian lender UniCredit on Monday offered to snap up its domestic rival Banco BPM for roughly 10 billion euros ($10.5 billion) in a move it says is separate from its pursuit of German bank Commerzbank. The move would, if completed, merge two of Italy’s […]

(CNBC) Stock futures edged lower on Thursday evening with Wall Street poised to end the week with gains in the three major averages. Futures tied to the Dow Jones Industrial Average was down marginally while S&P 500 futures also slipped slightly. Nasdaq 100 futures were lower […]

(CNBC) Citadel CEO Ken Griffin issued a warning against the steep tariffs President-elect Donald Trump vowed to implement, saying crony capitalism could be a consequence. “I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony […]

(Hedgeweek) Hedge funds are increasingly investing in nuclear power producers, aiming to capitalise on the anticipated electricity surge driven by artificial intelligence (AI), according to a a report by Morningstar citing Goldman Sachs analysis of 697 funds managing over $3tn […]

(CNBC)Alphabet shares fell 4% on Thursday, after the Department of Justice called for Google to divest its Chrome browser as a remedy to its antitrust case. The proposed breakup would, according to the DOJ “permanently stop Google’s control of this critical search access […]

(CNBC) Bitcoin breached the $99,000 level for the first time Thursday as investors continued pricing in a second Donald Trump presidency. The price of the flagship cryptocurrency was last higher by more than 4% at $98,273.50, according to Coin Metrics. Earlier, […]

(CNBC) Intuit shares fell 6% in extended trading Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed analysts’ estimates due to some sales being delayed. Revenue increased 10% year over year in the quarter, […]

(Hedgeweek) While stock markets have surged this year in an historic rally, Man Group’s AHL Trend Alternative Fund, a prominent trend-following strategy at the world’s largest publicly listed hedge fund, is seeing some of the worst returns in it’s history, […]

(CNBC) Futures tied to the Nasdaq 100 slid Wednesday night as investors parsed the all-important earnings release from artificial intelligence darling Nvidia. Nasdaq 100 futures slipped 0.5%, while S&P 500 futures lost nearly 0.4%. Dow Jones Industrial Average futures lost 49 points, or 0.1%. To read […]

(CNBC) Bitcoin breached the $95,000 level for the first time Wednesday evening as investors continued pricing in a second Donald Trump presidency. The price of the flagship cryptocurrency was last higher by more than 3% at $97,646.68, according to Coin Metrics. […]

(CNBC) Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge […]

Nvidia reported third-quarter earnings that beat expectations for sales and earnings while delivering a better-than-expected forecast for the current quarter. The results show that Nvidia is continuing to grow quickly while demand for its powerful artificial intelligence chips remains high. To read this […]