Category Archives: Syndicated

Hedge funds ramp up bets against Italian government bonds

(Hedgeweek) Concerns over political instability in Italy have prompted hedge funds to ramp up their bets against the country’s government bonds to the highest monthly level seen since the global financial crisis, according to a report by the Financial Times. […]

Powell is not likely to tell investors what they want to hear in Jackson Hole speech

(CNBC) Investors are looking for new guidance in Federal Reserve Chairman Jerome Powell’s Jackson Hole, Wyoming, speech Friday, but he could instead deliver the same inflation fighting message, just with a much tougher edge. Powell is expected to emphasize that […]

Stock futures are flat ahead of Fed Chair Powell’s speech in Jackson Hole

(CNBC) Stock futures were little changed on Friday morning as investors looked ahead to Federal Reserve Chair Jerome Powell’s speech in Jackson Hole, Wyoming Friday morning. Futures tied to the Dow Jones Industrial Average fell 26 points or 0.08%. S&P […]

Gap withdraws 2022 financial outlook as Old Navy sales fall in second quarter

(CNBC) Gap Inc. on Thursday withdrew its financial outlook for the year after it swung to a net loss in the fiscal second quarter and its Old Navy chain continued to struggle with the wrong mix of sizes and styles. […]

A closely-watched bitcoin metric is pointing to a possible price bottom for the cryptocurrency

(CNBC) Bitcoin could be poised for outsized gains if recent technical signals are to be believed. Investors have been searching for a bottom to bitcoin since the cryptocurrency lost more than 60% of its value from the all-time high of […]

Hedge fund allocations to increase in H2m, says Preqin outlook report

(Hedgeweek) Allocations to hedge funds are likely to increase in the second half of the year, while higher-risk venture capital and private equity allocations are likely to suffer, according to Preqin’s H2 2022 Investor Outlook report. To read this article:

U.S. stock futures are flat after Dow, S&P 500 break three-day slide

(CNBC) U.S. stock futures were flat on Wednesday night after all three major averages ended higher during the daily trading session. Dow Jones Industrial Average futures shed 7 points, or 0.02%. S&P 500 and Nasdaq 100 futures climbed 0.11% and […]

Salesforce trims full-year expectations for earnings and revenue

(CNBC) Salesforce reported earnings and revenue that topped analysts’ estimates but gave a disappointing forecast for fiscal 2023. The stock slid 7% in extended trading on Wednesday. The enterprise software maker said its board approved a $10 billion stock buyback […]

Nvidia says gaming market conditions are ‘challenging,’ Q3 forecast misses

(CNBC) Nvidia reported second quarter earnings that missed Wall Street expectations for revenue and earnings per share. The report is in line with Nvidia’s preliminary earnings two weeks ago. The chipmaker warned that it would miss Wall Street estimates and […]

Billionaire hedge fund pioneer Robertson dies aged 90

(Hedgeweek) Julian Robertson, founder of Tiger Management and the mentor to a generation of ‘Tiger Cub’ hedge fund managers, has died at the age of 90. To read this article:

Hedge funds up bets on US megacap tech stocks

(Hedgeweek) Some, but not all, US tech stocks are back in favour with hedge funds, according to a report by Bloomberg, with managers betting big on megacaps while reducing their overall holdings. To read this article:

iCapital acquires $7bn UBS alts feeder fund platform

(Opalesque) Alternative investments fintech iCapital has purchased UBS Fund Advisor, the wirehouse’s legacy proprietary U.S. alternative investment manager and feeder fund platform. The platform generally referred to as “AlphaKeys Funds,” represents more than US$7 billion in client assets. To read […]