Category Archives: Syndicated
Nvidia provides strong revenue outlook on demand for computer chips
(CNBC) Nvidia reported fourth-quarter earnings and sales on Wednesday that beat analyst expectations and provided a strong outlook for the current quarter. The stock fell about 2% in extended trading. Here’s how the chipmaker did versus Refinitiv consensus expectations for […]
Biden administration is keeping a close eye on private equity and other ‘alternative’ investments
(CNBC) The Biden administration is lending a more cautious eye to private equity and other “alternative” investments such as hedge funds. The U.S. Securities and Exchange Commission and U.S. Department of Labor have taken steps in recent weeks to boost […]
DoorDash stock pops 30% on revenue beat, strong order numbers
(CNBC) Shares of DoorDash soared as much as 32% on Wednesday after the company reported better-than-expected revenue in the fourth quarter. The company also posted strong order numbers and added new users, suggesting that demand for food delivery services remains […]
Managed futures funds outperform in January
(Opalesque) Managed futures funds turned in a second straight positive month in January, returning 0.71%, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. “While equity markets slumped in January, managed futures funds stepped up,” […]
Hedge funds posted a 2.42 per cent loss in January but outperformed volatile markets
(Hedgeweek) Losses abounded in January, but the hedge fund industry largely shielded its investors from the worst. Hedge funds in aggregate were down 2.42 per cent on the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a […]
Stock futures inch lower after major averages snap 3-day losing streak
(CNBC) U.S. stock index futures were slightly lower during overnight trading Tuesday, after registering gains on the session amid signs of tensions easing between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average shed 39 points. S&P […]
Bitcoin and Ether Rise as Ukraine-Russia Tensions Appear to Ease
(CNBC) Cryptocurrencies rose Tuesday with U.S. equities as tensions between Ukraine and Russia appeared to be easing. Bitcoin climbed 4.6% to $44,177.34, while ether rose 7.6% to $3,114.09, according to data from Coin Metrics. Almost the entire crypto market was […]
Some lawmakers and their families are betting thousands of dollars on crypto
(CNBC) Congress is taking a hard look at crypto — as an investment opportunity. Eight lawmakers or their immediate family have traded cryptocurrencies over the past year, with bets ranging from about $1,000 to as high as $100,000, a CNBC […]
From Credit Suisse to Goldman Sachs, investment banks say it’s time to buy Chinese stocks
(CNBC) More and more international investment analysts say it’s time to buy mainland Chinese stocks, ahead of expected government support for growth. On top of the pandemic’s drag on the economy, heightened regulatory uncertainty since last summer has generally kept […]
Global fintech investment hits $210bn across a record 5,684 deals in 2021
(Opalesque) Global fintech investment was US$210 billion across a record 5,684 deals in 2021 – up from US$125 billion across 3,674 deals in 2020, said a study. According to the study ‘Pulse of Fintech’ published by KPMG, Payments continued to […]
Buffett’s Berkshire buys $1 billion worth of Activision shares before Microsoft deal
(CNBC) Microsoft announced its intent to acquire Activision Blizzard in mid-January for $95 per share, sending the stock up 25% to above $82, though it’s since fallen a bit. It would be the largest deal ever by a U.S. technology […]
Fed’s Bullard says the central bank’s ‘credibility is on the line,’ needs to ‘front-load’ rate hikes
(CNBC)St. Louis Federal Reserve President James Bullard made his case for a rapid move higher in interest rates, saying Monday that the central bank needs to react to accelerating inflation. “I do think we need to front-load more of our […]