(CNBC) Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by 20%. Shares of the company — which also announced plans to cut staff […]

(Hedgeweek) Following Donald Trump’s election victory, a number of hedge funds, including BlueBay Asset Management, are pivoting their strategies toward US Treasuries, oil, technology stocks, and major US banks, according to a report by Reuters. To read this article:

((Hedgeweek) Activist hedge fund firm Hedge fund Elliott Investment Management has clarified it has not made demands or initiated contact with German utility giant RWE AG regarding any potential investment, according to a report by Reuters. To read this article:

(Hedgeweek) Leaving Goldman Sachs often leads to a hedge fund position, such as at Citadel. But Mark Maislish, a former Goldman Sachs Managing Director, has joined Gibraltar-based online gaming company Pragmatic Play, following a short stint as a Portfolio Manager […]

(Hedgeweek) Hedge funds have historically performed better when a Democrat is in the White House, according to a report by Reuters citing data released on Tuesday by research firm Hedge Fund Research (HFR), as US voters headed to the polls. […]

(CNBC) Stock futures are near flat Wednesday night after a huge market rally following Donald Trump’s decisive victory in the presidential election. Traders are awaiting the Federal Reserve interest rate decision Thursday afternoon. Futures tied to the Dow Jones Industrial Average slipped […]

(CNBC) Financial markets are pricing in a near-certainty that the central bank’s Federal Open Market Committee will lower its benchmark borrowing cost by a quarter percentage point as it seeks to “recalibrate” policy for an economy that is seeing the inflation rate […]

(CNBC) Bitcoin rallied Wednesday, hitting all-time highs as former President Donald Trump defeated Vice President Kamala Harris to win the White House. The price of the flagship cryptocurrency was last higher by 9% at about $76,052.66, according to Coin Metrics, after touching […]

(CNBC) Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory in the U.S. presidential election Wednesday. The messages were similar, with CEOs remarking that they wish Trump success when he returns to […]

(Hedgeweek) n a year marked by steady gains, October proved exceptional for Schonfeld Strategic Advisors as the $11.6bn New York-based hedge fund continued its strong growth trajectory since opting out of a potential acquisition by rival Millennium a year ago, […]

(CNBC) Stock futures were moving higher Tuesday night as investors started to speculate that former President Donald Trump may have an edge in the presidential race. Futures on the Dow Jones Industrial Average added 510 points, or about 1.2%. S&P 500 futures gained 1.1% […]

(CNBC) Polls have closed in all the key battleground states that are expected to determine the winner of the U.S. presidential election between former President Donald Trump and Vice President Kamala Harris. Trump won the electoral vote heavy prizes of Texas and Florida, as had been expected, while Harris took […]