(Hedgeweek) Steven Cohen’s Point72 Asset Management focused on dividend-paying stocks in Q3, upping its holding in two tech companies and opening two new positions in the energy sector, according to a report by Investing.com. To read this article:

(Hedgeweek) Man Group is preparing to launch a dedicated cryptocurrency hedge fund despite the current turmoil in the market sparked by the collapse of Sam Bankman-Fried’s digital exchange operator FTX, according to a report by Bloomberg. To read this article:

(CNBC) Sam Bankman-Fried told CNBC he is trying to lock down a multibillion-dollar deal to bail out FTX, which filed for Chapter 11 bankruptcy protection earlier this month. In a brief interview with CNBC , the FTX founder declined to […]

(CNBC) Coinbase shares closed down more than 8% Monday, extending a slide that’s pushed the crypto exchange to its lowest point since its market debut in April 2021. The drop comes as bitcoin’s slump continues and investors worry about contagion […]

(CNBC) Stock futures are little changed Monday night as investors worry about the prospect of China reinstating pandemic restrictions. Futures tied to the Dow Jones Industrial Average lost 6 points and was near the flatline. S&P 500 futures were flat […]

(CNBC) Disney chose to rehire Bob Iger as chief executive after receiving internal complaints from senior leadership that Bob Chapek was not fit for the job, according to people familiar with the matter. The executive change came together quickly, blindsiding […]

(Reuters) Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion. The exchange owes about $1.45 billion to its top ten creditors, it said in a court filing on […]

(Hedgeweek) Sam Bankman-Fried, the former CEO of bankrupt trading firm Alameda Research, allegedly borrowed $1 billion from the business after it borrowed the same amount from another of his companies, according to a report by ShoreNewsNetwork.  To read this article:

(CNBC) S&P 500 futures fell slightly Sunday evening ahead of another batch of retail earnings to kick off a shortened week for the Thanksgiving holiday. Futures tied to the broad market index were lower by 0.1%. Dow Jones Industrial Average […]

(Hedgeweek) Over two-thirds (67%) of hedge funds recorded positive returns in October, marking a significant turnaround from the 31% that managed to end the previous month in positive territory, according to a report by Forbes. To read this article:

(Hedgeweek) Verition Fund Management has added at least 11 portfolio managers (PMs) in the last three months from institutions including Deutsche Bank, Goldman Sachs, and JPMorgan, according to a report by eFinancial Careers. To read this article:

(CNBC) The advertising market is currently weaker than at any point during the coronavirus pandemic slowdown of 2020, Warner Bros. Discovery Chief Executive David Zaslav said at an investment conference Tuesday. If the ad market doesn’t improve next year, “it’s […]