Category Archives: Syndicated
Eisler to close oldest hedge fund and focus on multi-strat
(Hedgeweek) Eisler Capital is to focus solely on its multi-strategy investment pool after announcing the decision to close its first hedge fund and scrap plans for a new fund launch, according to a report by Bloomberg. To read this article:
Hedge fund investors to up distressed credit allocations, says BNP Paribas survey
(Hedgeweek) The potential to buy company debt at reduced prices as central banks tighten monetary policy, will see hedge fund investors ramp up their allocations to distressed credit next year, according to a report by Reuters. To read this article:
Crypto continues to attract hedge funds and other institutional investors
(Hedgeweek) Professional investors are continuing to see opportunities in cryptocurrency investment with hedge funds, family offices, and legacy money managers all contributing to the $17 billion of institutional capital invested in the space this year alone. To read this article:
Pershing Square cuts annual losses to 12% with 10% October gain
(Hedgeweek) Hedge fund Pershing Square Holdings cut its year-to-date losses to 12% in October putting on 10% over the month, according to a report by Bloomberg. The gain was ahead of the S&P 500 index, which was up 8%, but trailed […]
Stock futures little changed as Wall Street anticipates October jobs report
(CNBC) U.S. stock futures were flat Friday morning after the major averages dropped for a fourth day, and investors looked ahead to the October jobs report for clues into the pace of future rate hikes from the Federal Reserve. Dow […]
October job growth could be slowest in nearly 2 years, but unemployment remains extremely low
(CNBC) This year’s hot pace of job creation may have slowed slightly in October, but unemployment is expected to remain very low as companies continue to deal with worker shortages. Economists expect 205,000 jobs were added in October, and forecast […]
Elon Musk will begin laying off Twitter staffers, days after his $44 billion takeover
(CNBC) Twitter will be laying off staff members, it said in an email obtained by NBC News. In the email, sent Thursday evening, Twitter said it would notify staffers by email about their employment. “We recognize that this will impact […]
Coinbase reports better-than-expected user numbers even as third-quarter revenue plunges
(CNBC) Coinbase reported user numbers that topped analysts’ estimates even as third-quarter revenue missed estimates and the cryptocurrency exchange had a wider-than-expected loss. The stock popped in extended trading. To read this article:
Twitter reportedly ready to cut about 3,700 employees
(CNBC) Twitter employees are expecting a 50% overall reduction in force after Tesla and SpaceX CEO Elon Musk took the reins of the social network last week. That amounts to about 3,700 employees. The newly minted CEO of Twitter is […]
Stock futures are up after a volatile session following the Fed’s latest interest rate hike
(CNBC) Stock futures were slightly higher Wednesday evening following losses during the daily trading session after the Federal Reserve delivered another interest rate hike and signaled that no pivot or rate cut is coming anytime soon. Futures tied to the […]
Qualcomm shares fall on first-quarter guidance, hiring freeze announced
(CNBC) Qualcomm shares fell 7% in extended trading on Wednesday after the chipmaker reported in-line fiscal fourth-quarter earnings but offered poor first-quarter guidance. Qualcomm also said it implemented a hiring freeze at the start of the current quarter. To read […]
Fed rate hikes could go even further than expected as Powell commits to stomp out inflation
(CNBC) The Federal Reserve remains set on beating inflation and could raise rates to an even higher-than-expected level, though it may reduce the size of its future rate hikes. The Fed raised its target fed funds rate Wednesday by 75 […]