Category Archives: Syndicated

EBay stock sinks after the company gives disappointing guidance

(CNBC) Shares of eBay slid as much as 11% in extended trading Wednesday after the online marketplace posted its fourth-quarter earnings and gave guidance for the first quarter that fell short of Wall Street’s expectations. To read this article:

Stock futures nudge higher after S&P 500 closes in correction

(CNBC) U.S. stock market futures were modestly higher in early morning trading Wednesday after the S&P 500 closed in correction territory amid escalating tensions between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average advanced 130 points. […]

Bitcoin plummets to two-week low as Russia sends troops into Ukraine:

(CNBC) Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Click Picture to […]

Russia’s Ukraine incursion could complicate the Federal Reserve’s interest rate decisions

(CNBC) The stock market faces another turbulent week, as investors watch the situation in Ukraine and continue to adjust portfolios ahead of the Federal Reserve’s interest rate hikes. Stocks were rocked in both directions in the past week, with the […]

Fatburger parent’s stock craters after company discloses investigation into CEO

(CNBC) Shares of Fat Brands closed down nearly 23% on Tuesday after the parent of Fatburger and Johnny Rockets disclosed that its CEO has been under investigation for months. To read this article:

SS&C GlobeOp Forward Redemption Indicator at 1.79 per cent for February

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for February 2022 measured 1.79 per cent, up from 1.52 per cent in January. To read this article:

Quant firm Engineers Gate attracts hedge fund attention

(Hedgeweek) Quant hedge fund Engineers Gate is in discussion with both Millennium Management and Point72 Asset Management over a possible acquisition of the business, according to a report by Bloomberg. To read this article:

Fintech VC funding in the Americas and Europe break records

(Opalesque) VC funding in the Americas more than doubles to record US$64.5 billion while Europe sees record-breaking VC investment even as M&A dries up. According to a KPMG report, total fintech investment in the Americas rose from US$83.5 billion in […]

Hedge funds up short bets on Australian dollar

(Hedgeweek) Short bets on the Australian dollar by leveraged hedge funds have hit their highest level since November according to a report by Bloomberg. To read this article:

Allianz nearing settlements with investors in Structured Alpha hedge funds

(Hedgeweek) Allianz is close to agreeing settlements with tech major investors in its failed Structured Alpha hedge funds, which failed during the early days of the global pandemic, according to a report by Bloomberg. To read this article:

Dutch volatility-loving hedge fund returns 25% in first year

(Opalesque) A Dutch multi-arbitrage strategy hedge fund saw the day in the midst of the pandemic to seize the opportunities of the time. By employing non-directional strategies that embrace volatility, it returned 25% in 2021. To read this article:

UBS sees ‘short-lived’ strength for gold, expects prices to drop to $1,600 by year-end

(CNBC) Gold prices have been buoyed in recent weeks as investors seek safe-havens amid fears of Russia invading Ukraine, but in the longer term, UBS Investment Bank’s Joni Teves predicts that recent strength in gold prices will be “short-lived.” To […]