Category Archives: Syndicated

Coinbase CEO says crypto exchange has ongoing plans to cut costs and is actively engaged with regulators

(CNBC) As crypto exchange Coinbase faces industry challenges and economic headwinds, the company is taking a close look at where it can cut costs. Coinbase shares have lost more than 70% of their value this year as the company has […]

Liquid alts continued to provide returns in Q2 despite market turbulence

(Hedgeweek) Hedge funds and liquid alts strategies continued to provide investors with a significant source of portfolio diversification and returns in Q2 despite public market turbulence. Multi-asset manager equity exposure has dropped to less than 32% (three percentage points below the […]

Bridging the gap between quant and discretionary

(Hedgeweek) As the rate of data proliferation intensifies, hedge fund managers are increasingly leavening their discretionary approaches with quantitative methods in order to better utilise the available data.  To read this article:

Stock futures are lower following the S&P 500?s third straight losing day

(CNBC) Stock futures fell in early Wednesday morning as investors await more guidance from Federal Reserve Chairman Jerome Powell on the central bank’s tightening path. Futures on the Dow Jones Industrial Average were down 120 points. S&P 500 futures fell 0.4% and […]

Twitter whistleblower could help Musk by adding ‘volatility’ to legal battle

(CNBC) A whistleblower’s complaint that Twitter misled federal regulators about the company’s security risks could provide Elon Musk with fresh ammunition in his bid to get out of buying the company for $44 billion. Until now, Musk’s legal showdown with Twitter has primarily centered […]

One-in-three traditional hedge funds now investing in digital assets

(Hedgeweek) The number of traditional hedge funds investing in digital assets has almost doubled in a year to over one-in-three, according to a report by Business Review. The report cites PwC’s 4th Annual Global Crypto Hedge Fund Report 2022, produced together […]

Griffin’s Citadel Securities borrows $600m to cash in on strong demand from lenders

(Hedgeweek) Citadel Securities has borrowed $600 million to bolster its balance sheet and capitalise on strong demand from lenders after increased market volatility helped it record strong performance in the first six months of the year, according to a report […]

Stock futures inch higher after major averages notch worst day since June

(CNBC) Stock futures inched higher in overnight trading after stocks finished their worst day since June and Wall Street’s summer rally faded amid mounting rate hike concerns. Futures tied to the Dow Jones Industrial Average added 49 points, or 0.15%, […]

Zoom pares back annual forecast as revenue growth slows to single digits

(CNBC) Zoom Video Communications shares fell as much as 9% in extended trading on Monday after the video-calling software maker pared back its full-year forecast for earnings and revenue. To read this article:

AMC shares fall 40% as Regal Cinemas owner warns of potential bankruptcy

(CNBC) Shares of theater chain and meme trader favorite AMC fell on Monday as a rival warned of potential bankruptcy and a new preferred share class hit the market. AMC’s stock dropped nearly 42%, building on a loss of more […]

Ford to eliminate 3,000 jobs in an effort to cut costs

(CNBC) ord Motor is cutting about 3,000 jobs from its global workforce, as the automaker attempts to lower costs as part of restructuring efforts under CEO Jim Farley. Ford began notifying workers of the reductions on Monday, a company spokesman […]

Ackman names Ryan Israel as Pershing Square’s investment chief

(Reuters) Billionaire investor William Ackman on Friday named insider Ryan Israel as the chief investment officer for his hedge fund Pershing Square Holdings Ltd. Israel joined Pershing from Goldman Sachs in 2009. To read this article: