Category Archives: Syndicated
Russia’s VTB Bank dropped by U.S. lobbying firm after latest round of sanctions
(CNBC) VTB Bank lost their top U.S. lobbyists after President Joe Biden’s latest round of sanctions on the massive Russian financial institution. Sidley Austin, one of the most powerful lobbying firms in Washington D.C., is no longer representing the bank. […]
Warren Buffett calls Apple one of ‘Four Giants’ driving Berkshire Hathaway’s value
(CNBC) Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades. To read this article
Private equity returns beat publicly listed stocks again
(Opalesque) 2021 saw private equity’s continued outperformance of public equity, generating an extra 83 cents per dollar invested since 2017, said a study. Hamilton Lane’s market overview for 2022 shows that private real estate and credit, with significantly lower risk […]
SEC probes Tesla CEO Elon Musk and brother over recent stock sales
(CNBC) The Securities and Exchange Commission is investigating whether recent stock sales by Tesla CEO Elon Musk and his brother Kimbal Musk, who sits on Tesla’s board of directors, violated insider trading rules, the Wall Street Journal reported Thursday, citing […]
Coinbase posts big revenue beat but expects trading volume to fall in the first quarter
(CNBC) Coinbase reported fourth-quarter earnings that beat analyst estimates after the bell on Thursday. Shares bounced around after the report. They were down about 5% in extended trading by the end of executives’ call with analysts. To read this article:
CrowdStrike CEO says U.S. bank execs are ‘very concerned’ about Russian cyberattacks
(CNBC) CrowdStrike CEO George Kurtz has been speaking with U.S. bank executives, and they’re worried about potentially being the target of Russian cyberattacks. Kurtz’s comments came after Russia invaded Ukraine, intensifying geopolitical tensions between Russia and the West. To read […]
Stock futures fall after a stunning comeback as investors assess fighting in Ukraine
(CNBC) Stock futures fell in overnight trading Thursday following a sharp reversal on Wall Street as investors continued to assess the risks stemming from Russia’s invasion of Ukraine. Futures on the Dow Jones Industrial Average dipped 120 points. S&P 500 […]
10-year Treasury yield cuts losses but still below 2% as investors monitor Russian invasion
(CNBC) U.S. Treasury yields staged a major reversal on Thursday, cutting losses from morning trading that were sparked by the Russian invasion of Ukraine. The yield on the benchmark 10-year Treasury note was down 1 basis point to 1.965% in […]
Dow futures drop 700 points after Russia announces military action against Ukraine
(CNBC) U.S. stock futures fell sharply Wednesday evening as Russia launched an attack on Ukraine. Dow futures fell 719 points, or 2.2%, while futures tied to the S&P 500 were down 2.1%. Nasdaq 100 futures declined 2.5%. Meanwhile, oil prices […]
The case for bitcoin as ‘digital gold’ is falling apart
(CNBC) A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices. The price of bitcoin fell to a two-week low Tuesday after Russian President Vladimir Putin ordered troops into Donetsk and Luhansk, two […]
Hedge fund Standard General and PE firm Apollo to acquire TEGNA for USD5.4bn
(Hedgeweek) An affiliate of New York-based hedge fund Standard General and private equity firm Apollo Global Management are to acquire US broadcast and digital media company TEGNA for USD5.4 billion. To read this article:
The market has adjusted its views of how the Federal Reserve will raise interest rates
(CNBC) The Federal Reserve is expected to start raising interest rates next month and not slow down until well into 2023, though the slope of the increases might be a bit gentler. Events over the past week, including statements from […]