Category Archives: Syndicated
New hedge fund launches plunge to lowest level since 2008
(Hedgeweek) The estimated number of new hedge fund launches fell to only 80 in the second quarter of the year, a significant decline from the estimated 185 launches in Q1, representing the lowest launch rate since only 56 new funds […]
Macro funds see big gains driven by long commodity and US dollar positions
(Hedgeweek) The investable HFRI 500 Macro Index has surged +14.3 per cent YTD through August, with gains driven by long commodity and US dollar positions as the US Federal Reserve continued to raise interest rates to slow the generational inflation […]
Stock futures rise following relief rally to begin October
(CNBC) Stock futures rose following a broad rally on the first trading day of October – a sharp turn from September, which brought the worst month since March 2020 for the the Dow Jones Industrial Average and the S&P 500. […]
Hedge fund redemptions total $16.88bn in July
(Hedgeweek) The pace of hedge fund net redemptions slowed in July to $16.88 billion (-0.35% of industry assets), according to the Barclay Fund Flow Indicator published by BarclayHedge. To read this article:
Facebook scrambles to escape stock’s death spiral as users flee, sales drop
(CNBC) A year ago, before Facebook had turned Meta, the social media company was sporting a market cap of $1 trillion, putting it in rarefied territory with a handful of U.S. technology giants. Today the view looks much different. Meta […]
Pro-Russian groups are raising funds in crypto to prop up military operations and evade U.S. sanctions
(CNBC) Pro-Russian groups are raising funds in cryptocurrency to prop up paramilitary operations and evade U.S. sanctions as the war with Ukraine wages on, a research report published Monday revealed. As of Sept. 22, these fundraising groups had raised $400,000 […]
Stock futures mixed after Dow, S&P 500 cap worst month since March 2020
(CNBC) Stock futures were mixed in overnight trading Sunday after Wall Street wrapped up another negative quarter and both the S&P 500 and Dow Jones Industrial Average finished their worst month since March 2020. Nasdaq 100 futures fell 0.43% while […]
Credit Suisse is reportedly seeking to assure investors as financial concerns rise
(CNBC) Credit Suisse executives are in talks with its major investors to reassure them amid rising concerns over the Swiss bank’s financial health, the Financial Times reported, citing people involved in the discussions. One executive involved in the talks told […]
‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
(CNBC) As the Federal Reserve ramps up efforts to tame inflation, sending the dollar surging and bonds and stocks into a tailspin, concern is rising that the central bank’s campaign will have unintended and potentially dire consequences. Markets entered a […]
Apple downgrade sparks tech sell-off, sending Alphabet and Microsoft to one-year lows
(CNBC) Shares of large technology companies suffered heavy losses on Thursday, dragging down many other U.S. stocks along with them, after analysts at Bank of America lowered Apple’s stock rating. Tech stocks have been pushed down all year as investors […]
Two former eBay executives sentenced to prison for involvement in cyberstalking scheme
(CNBC) James Baugh, eBay’s former senior director of safety and security, was sentenced to almost five years in prison, while eBay’s former director of global resiliency, David Harville, was given two years behind bars. Both pleaded guilty to charges in the […]
Stock futures are up slightly following Thursday’s broad sell-off
(CNBC) Stock futures were up slightly Thursday evening following a sharp sell-off that brought the S&P 500 to a new 2022 low. Futures for the S&P 500 were up 0.26%. The Dow Jones Industrial Average futures were up 0.17%. Nasdaq […]