Category Archives: Syndicated

Managed futures down 0.64% in July

(Hedgeweek) The managed futures industry slipped to a monthly loss in July, down -0.64% according to the Barclay CTA Index, compiled by BarclayHedge. Despite the fall, CTAs remain in positive territory for the year, up 7.68%. CTAs had posted gains in […]

SEC looking to increase level of hedge and private fund leverage disclosures

(Hedgeweek) The US Securities and Exchange Commission (SEC) has drafted a new rule aimed at increasing the amount of leverage information disclosed by hedge and other private funds, according to a report by Reuters. To read this article:

Dow futures tick higher after Wednesday’s market rally

(CNBC) Dow futures were higher early on Thursday after all the major averages posted sharp gains on the back of a better-than-expected July inflation report. Futures tied to the Dow Jones added 0.29% or 95 points, while S&P 500 futures […]

Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit

(CNBC) Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, prices […]

Hackers have stolen $1.4 billion this year using crypto bridges. Here’s why it’s happening

(CNBC) Crypto investors have been hit hard this year by hacks and scams. One reason is that cybercriminals have found a particularly useful avenue to reach them: bridges. Blockchain bridges, which tenuously connect networks to enable the fast swaps of […]

Disney raises streaming prices after services post big operating loss

(CNBC) Disney unveiled a new pricing structure that incorporates an advertising-supported Disney+ as part of an effort to make its streaming business profitable. Starting Dec. 8 in the U.S., Disney+ with commercials will be $7.99 per month — currently the […]

JPMorgan metals traders found guilty in landmark ‘spoofing’ case

(CNBC) Two former JPMorgan Chase employees were found guilty on some charges in a landmark trial over futures market manipulation on Wednesday, while a third former trader was acquitted entirely, a spokesperson for the Department of Justice said. The bank’s […]

What ‘crypto winter?’ Schwab launches ETF giving investors significant cryptocurrency exposure

(CNBC) Investors have a new way to buy cryptocurrenciesSchwab Asset Management released its Schwab Crypto Thematic ETF (STCE) this month to answer investor demand. David Botset, who was directly involved in the launch, told CNBC’s “ETF Edge” the new product […]

Critical inflation report today could show price increases have eased

(CNBC) Inflation may finally be cooling, thanks to falling gasoline prices and fading supply chain issues. Economists expect July’s consumer price index rose 0.2%, down from 1.3% in June, according to Dow Jones. Year-over-year, the pace of consumer inflation in […]

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

(CNBC) Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night. His transactions occurred between Aug. 5 and 9, the SEC filings revealed, following Tesla’s 2022 […]

U.S. probes firm linked with Russian oligarch Abramovich over hedge fund investments

(Reuters) U.S. federal authorities are investigating investment advisory firm Concord Management, which oversaw hedge fund investments worth billions of dollars for Russian billionaire Roman Abramovich, the New York Times reported on Tuesday. The investigation, being conducted by the Securities and […]

Coinbase shares drop on billion-dollar loss in second quarter and revenue miss

(CNBC) Coinbase shares dropped in extended trading on Tuesday after the crypto exchange reported a loss of over $1 billion in the second quarter and missed analysts’ estimates for revenue. Earnings: Loss of $4.98 per share, vs. loss of $2.65 […]