Category Archives: Syndicated
FTC seeks to hold Drizly CEO accountable for alleged security failures, even if he moves to another company
(CNBC) In a new proposed settlement, the Federal Trade Commission is seeking to hold a tech CEO accountable to specific security standards, even if he moves to a new company. The agency announced Monday that its four commissioners had voted […]
Stock futures are flat as investors await big tech earnings
(CNBC) Stock futures were flat in overnight trading Monday as investors looked ahead to big technology earnings for further clues into the health of the U.S. economy. Futures tied to the Dow Jones Industrial Average traded marginally higher, while S&P […]
Apple reports earnings Thursday and all eyes are on iPhone 14 sales
(CNBC) Apple will report its fourth-quarter earnings for the quarter ended in September after the bell on Thursday. The most important new information will be any details the tech giant offers on how the iPhone 14 series is selling. Many […]
Inflation is dominating the conversation on earnings calls. Here’s what execs are saying
(CNBC) One thing is clear at the start of the corporate earnings season: Inflation remains a hot topic for companies. About two-thirds of companies in the S&P 500 that reported earnings in the first two weeks of the season (Oct. […]
Crypto PACs backed by Sam Bankman-Fried, Scaramucci plan last-minute ad blitz for midterm elections
(CNBC) A network of political action committees supported by cryptocurrency industry leaders are planning a last-minute ad campaign in support of congressional candidates, according to one of the groups’ chief strategists. Web3 Forward and Crypto Innovation, two super PACs financed […]
Stock futures rise after notching their best week since June
(CNBC) U.S. stock futures rose Sunday evening after all three major averages notched their best week since June at Friday’s close. Futures tied to the Dow Jones Industrial Average gained 222 points, or 0.71%. S&P 500 futures and Nasdaq 100 […]
Polymer bucks hedge fund outflows trend with $1.7bn uplift in assets
(Hedgeweek) Assets at Polymer Capital Management have hit $4.3 billion following a 65% surge so far this year, bucking a wider industry trend of outflows amid ongoing market volatility, according to a report by Bloomberg. To read this article:
Crypto hedge fund Edge Capital raises $66.8m for two DeFi-focused funds
(Hedgeweek) Crypto hedge fund Edge Capital Management, has raised a combined $66.78 million for a US-based fund and a Cayman Islands fund focused on decentralised finance, according to a report by CoinDesk. To read this article:
Wall Street eyes auto industry earnings for signs of ‘demand destruction’
(CNBC) Since the start of the pandemic in early 2020, U.S. automakers and dealers have seen record profits as demand outpaced supplies of new cars amid supply chain problems. But with interest rates rising, inflation at record highs and recession […]
SS&C GlobeOp Hedge Fund Performance Index at -2.87% for September
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2022 measured -2.87%. To read this article:
Stock futures slip after major averages register two days of losses
(CNBC) Stock futures are downas investors came out of a tumultuous day with bond yields rising and wide-ranging corporate earnings. Futures for the Nasdaq 100 slipped 0.6%, while futures linked to the Dow Jones Industrial Average lost 36 points or […]
Cryptocurrency provider will return $17 million to lender Celsius as it reorganizes in bankruptcy
(CNBC) Crypto service provider Prime Trust agreed Thursday to return $17 million from crypto lending platform Celsius that was allegedly withheld just as digital currencies hit their first bottom last year. Prime Trust, which offers custodial services for digital assets, […]