Category Archives: Syndicated
Wall Street’s fear gauge hits highest level since June
(CNBC) A measure of fear in stocks just hit the highest level in three months amid mounting worries over rising rates, a possible currency calamity and a recession. The Cboe Volatility Index known as the VIX, jumped nearly 3 points […]
Hedge funds down slightly in August, says Citco
(Hedgeweek) Performance of hedge funds administered by the Citco group of companies (Citco) dipped marginally in August, with an average weighted return of -0.6%, down from 3% in July. To read this article:
Funds of hedge funds negative in H1, says Citco
(Hedgeweek) Funds of hedge funds administered by the Citco group of companies (Citco) experienced negative performance in the first half of the year, with an average weighted return of -5% and a median return of -4.37%. To read this article:
Stock futures fall as investors prepare for the S&P 500 to test its June low
(CNBC) U.S. equity futures were lower Sunday evening after surging interest rates and foreign currency turmoil pushed the major averages to near their lows of the year. Dow Jones Industrial Average futures fell 0.55%. S&P 500 futures also fell 0.61% […]
Tech stocks just had their worst two-week stretch since the start of the pandemic
(CNBC) What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since […]
Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy
(CNBC) Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, appeared on CBS’ “Face The Nation” Sunday morning with a continued commitment to the 2% inflation target and a cautiously optimistic outlook on the path to get there. […]
New minimum tax could hit Berkshire Hathaway and Amazon hardest, study shows
(CNBC) Researchers applied the Inflation Reduction Act’s new 15% corporate minimum tax onto 2021 company earnings and found that the burden would only be felt by about 78 companies, with Berkshire Hathaway and Amazon paying up the most. To read […]
Australia stocks slide 2%; Asian markets drop as investors weigh Fed hike
(CNBC) Asia-Pacific shares fell on Friday as investors continue to weigh the Federal Reserve’s aggressive stance. In Australia, the S&P/ASX 200 fell 2.28% on its return to trade after a holiday on Thursday. South Korea’s Kospi dipped 1.82% and the […]
Hedge funds up bets against US treasuries ahead of FOMC announcement
(Hedgeweek) With an interest rate announcement from the US Federal Open Market Committee looming large on Wednesday, hedge funds have ramped up their short bets against US Treasuries, according to a report by Bloomberg. To read this article:
C Capital targeting $500m to invest in crypto and private equity
(Hedgeweek) C Capital is planning to raise $500 million for investments in blockchain assets as well as the credit and private equity spaces on the assumption that the prices of both digital assets and private companies are bottoming out, according […]
FedEx’s bleak warning could reflect global economy ? and company’s own shortcomings
(CNBC) FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems reflect internal company shortcomings or a broader economic diagnosis. To read this article:
Salesforce aims for 25% operating margin in 2026 with more efficient spending
(CNBC) Salesforce stock rose almost 3% in extended trading on Wednesday after the enterprise software maker announced a new long-range profitability goal that showed the company’s determination to operate more efficiently. Several cloud software companies, including Salesforce, have become less […]