(Hedgeweek) Research from SigTech’s 2021 annual Hedge Fund Research Report saw 80 per cent of hedge fund managers expecting institutional investors to increase their allocation to quant strategies over the following year, and 86 per cent expecting quant hedge fund […]

(CNBC) The price of bitcoin climbed about 6% Wednesday after the Federal Reserve raised rates by half a point —the biggest hike in about 20 years — as expected. Bitcoin began climbing ahead of the end of the Federal Open […]

(CNBC) Facebook parent Meta is slowing the pace of hiring as it reckons with its weakest revenue growth on record and ongoing business challenges, such as Apple’s privacy changes and the war in Ukraine. “We regularly re-evaluate our talent pipeline […]

(CNBC) The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive step yet in its fight against a 40-year high in inflation. “Inflation is much too high and we understand the hardship […]

(CNBC) Stock futures fell slightly after the Federal Reserve raised rates by half a point and the major averages rallied to end the day. Futures tied to the Dow Jones Industrial Average lost 46 points, or 0.1%. S&P 500 futures […]

(Hedgeweek) Tiger Global’s main hedge fund posted a 15.2% drop in April bringing losses year to date to almost 44%, according to a report by BusinessTimes. To read this article:

(CNBC) Stock futures inched higher in overnight trading as investors braced for the Federal Reserve’s big interest rate decision on Wednesday, where the central bank is widely expected to hike rates by half a percentage point. Futures on the Dow […]

(Opalesque) Investors removed an estimated net $8.96 billion from hedge funds in March. Performance accounted for an increase in assets. The result of both factors was an increase in estimated industry AUM to $3.623 trillion, said eVestment. It is difficult […]

(CNBC) Airbnb reported better-than-expected results on Tuesday and gave an upbeat forecast for the second quarter, as the company sees a rebound in travel coming out of the pandemic. The shares rose more than 6% in after-hours trading. To read […]

(CNBC) AMD reported first-quarter earnings after the bell on Tuesday, beating analyst estimates for earnings and revenue, sending the stock up as much as 8% in extended trading. Here’s how the chipmaker did versus Refinitiv consensus estimates in the quarter […]

(CNBC) Shares of Lyft lost more than a quarter of their value in after-hours trading Tuesday after the company provided light second-quarter guidance and warned investors it will have to keep spending on driver incentives. To read this article:

(Reuters) Hedge fund Citadel avoided April’s stock market drop and posted gains in its most prominent strategies, easily besting the average hedge fund returns which were in the red last month. Ken Griffin’s Citadel told investors that its multi-strategy flagship […]