Category Archives: Syndicated
Dow futures rise slightly ahead of key inflation data
(CNBC) U.S. stock futures were slightly higher on Wednesday night ahead of key inflation data due Thursday morning. Dow Jones Industrial Average futures rose 60 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures were flat. To read this […]
Disney parks business roars back as company beats earnings expectations, stock soars
(CNBC) Disney reported earnings for its fiscal first quarter Wednesday that beat analyst estimates on earnings per share and revenue. Disney+ subscriptions beat estimates, even as executives previously said they expect subscriber growth for Disney+ to be stronger in the […]
Uber beats on revenue, says core business is bouncing back after omicron surge
(CNBC) Uber reported fourth-quarter earnings after the bell on Wednesday. The company beat analyst estimates on revenue for the quarter and said it’s starting to bounce back from headwinds caused by the omicron coronavirus surge. To read this article:
15% of Professional Investors expect to have over 10% of assets in digital assets, says digital asset Hedge Fund manager Nickel
(HedgeWeek) A new study of institutional investors and wealth managers, who collectively manage around USD110 billion in assets, reveals that 15 per cent believe that long-term over 10 per cent of the funds they help to manage will be in […]
Investors are overexposed to risky assets, says Natixis survey
(Opalesque) A vast majority (80%) of the investment professionals say that investors have taken on too much portfolio risk in a rate environment that has distorted stock values and decimated bond yields. To read this article:
Macro hedge funds gain in volatile January, says HFR
(Hedgeweek) Macro hedge funds posted strong, negatively-correlated gains in January as equity and fixed income markets suffered steep losses, while investors positioned for sharp interest rate increases and generational inflationary pressures to begin 2022, with investable HFRI 500 Macro Index […]
CTAs weather global markets storm in January
(Hedgeweek) CTAs closed the first month of 2022 firmly in positive territory after a rollercoaster mid-month, with the SG CTA Index up 2.10 per cent in January. To read this article:
Facebook falls behind Nvidia in market cap and is now eighth most valuable U.S. company
(CNBC) Facebook parent Meta continued its slide on Tuesday and has now dropped so much in the past week that the company is worth less than chipmaker Nvidia. Meta shares dropped 2.1% to close at $220.18. The stock is down […]
Consumer debt totals $15.6 trillion in 2021, a record-breaking increase
(CNBC) Consumers ended 2021 with record levels of debt, leading into a year in which interest rates are expected to rise substantially. Total U.S. consumer debt at the end of the year came to $15.6 trillion, a year-over-year jump of […]
Stock futures gain slightly with more big earnings ahead
(CNBC) U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures rose about 70 points. S&P 500 futures gained 0.25% and Nasdaq 100 futures rose 0.27%. Chipotle rose more […]
Peter Thiel to step down from board of Facebook parent Meta
(CNBC) Billionaire tech investor and PayPal Co-founder Peter Thiel will step down from the board of Facebook owner Meta, the company announced Monday. Thiel, an early Facebook investor and close confidante of CEO Mark Zuckerberg, will not stand for re-election […]
Amazon boosts max base pay for corporate workers to $350,000 as labor market heats up
(CNBC) Amazon is boosting its maximum base salary for corporate workers, citing the competitive labor market as one of several factors behind the change. The company said Monday in an internal memo to employees that it will now cap base […]