HedgeCo Insights

(CNBC) The Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with […]

(CNBC) Gautam Adani, chair of India’s Adani Group and one of the world’s richest people, was indicted with seven other men in New York federal court on charges related to a massive bribery and fraud scheme, authorities said Wednesday. Adani and several […]

*CNBC) Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining […]

(CNBC) Stock futures ticked higher on Wednesday morning, as investors looked toward a key earnings report from tech giant Nvidia. Futures tied to the Dow Jones Industrial Average ticked up by 67 points, or about 0.15%. S&P 500 futures advanced 0.12%, while Nasdaq 100 futures inched […]

(Hedgeweek) Billionaire hedge fund manager Ken Griffin has voiced apprehensions about Donald Trump’s approach to tariffs, labelling them a “slippery slope” with potentially harmful long-term consequences for US businesses, according to a report by Bloomberg. To read this article:

(CNBC) Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year by 2029. Of that amount, roughly $4 billion will come from PC chips, Qualcomm said at its investor day on […]

(CNBC) Options on BlackRock’s popular iShares Bitcoin Trust ETF (IBIT) began trading on the Nasdaq Tuesday, ushering in a new way to trade and speculate on the price of bitcoin. IBIT traded 73,000 options contracts in the first 60 mins of trading […]

(CNBC) Bitcoin moved higher Tuesday, at one point breaching $94,000 for the first time, amid rising geopolitical tensions between Ukraine and Russia. The price of the flagship cryptocurrency was last higher by more than 1% at $92,616.00, according to Coin Metrics. […]

(Hedgeweek) Digital asset inflows reached $2.2bn last week, bringing year-to-date inflows to a record-breaking $33.5bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read this article:

(Hedgeweek) CVS Health is adding four new members to its board of directors, including Larry Robbins, CEO of Glenview Capital Management—the hedge fund firm which has been pushing for changes at the healthcare giant after acquiring a significant stake in […]

(CNBC) Stock futures are little changed Monday night as investors await key earnings from retailers and chipmaker Nvidia this week. Futures tied to the Dow Jones Industrial Average lost 0.08%. S&P futures shed about 0.05%, while Nasdaq 100 futures traded marginally lower. To read this article:

(Hedgeweek) Major hedge funds, including Millennium Management, Capula Management, and Tudor Investment, significantly boosted their exposure to US spot bitcoin exchange traded funds (ETFs) in the third quarter, according to a report by Reuters citing securities filings. To read this […]