Category Archives: Syndicated

U.S. stock futures rally after earnings reports from Amazon and Snapchat

(CNBC) Stock futures rose in early morning trading Friday as investors digested a slew of corporate earnings reports after the Nasdaq Composite posted its worst day in more than a year. Futures on the Dow Jones Industrial Average gained 205 […]

Macro Hedge Funds Top Peers in January After Years of Struggle

(Bloomberg) Finally, when the going got tough, macro managers showed up in January — emerging as the standout winners in a month beset by turbulence across both Treasury and equity markets.  To read this article:

More than $320 million stolen in latest apparent crypto hack

(CNBC) One of the most popular bridges linking the ethereum and solana blockchains lost more than $320 million Wednesday afternoon in an apparent hack. It is DeFi’s second-biggest exploit ever, just after the $600 million Poly Network crypto heist, and […]

Facebook shares plunge more than 20% on weak earnings, big forecast miss

(CNBC) Facebook shares tumbled more than 20% in extended trading on Wednesday after the company reported disappointing earnings, gave weak guidance and said user growth has stagnated. To read this article:

Social media stocks crater after Facebook reports disappointing earnings

(CNBC) Shares of social network operators Pinterest, Snap and Twitter all declined in extended trading on Wednesday after Facebook owner Meta Platforms issued its fourth-quarter earnings statement that sent the stock down 22%. Shares of Snap fell more than 18% […]

January’s payrolls report on Friday could be rough, with as many as 400,000 jobs lost by one estimate

(CNBC) A jobs market that was on fire for most of 2021 looks like it was dealt a cold splash of reality to start the new year. Judging by the opinions of some major Wall Street forecasters and fortified Wednesday […]

Qualcomm beats expectations for revenue and earnings, sales up 30%

(CNBC) Qualcomm reported first-quarter earnings Wednesday, beating analyst expectations for revenue and guidance, and offering a strong outlook for its fiscal second quarter. However, Qualcomm stock fell over 8% at one point during extended trading on Wednesday before recovering to […]

Bitcoin evangelist Michael Saylor says clear crypto regulations would speed institutional adoption

(CNBC) Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of […]

Alternative investments secondary market up 132.2% in 2021

(Hedgeweek) In the midst of the Covid-19 pandemic, the alternative investments secondary market – private equity, real estate, infrastructure, timber, hedge funds – hit a record $143.4 billion in FY 2021, up markedly from the $61.8 billion transacted in 2020. […]

Alphabet stock split could pave the way for addition to the Dow Jones Industrial Average

(CNBC) Alphabet announced a 20-for-1 stock split in its Q4 2021 earnings report on Tuesday – for all 3 classes of its stock.  Before its earnings report sent shares up more than 8%, Alphabet’s Class A shares closed at $2,753. […]

Alphabet reports big fourth-quarter beat; stock pops

(CNBC) Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. Shares popped more than 9% in extended trading. The company also announced a 20-for-1 stock split that will go into effect in July. To read this article:

GM forecasts earnings ‘at or near record levels’ in 2022 as chip shortage eases

(CNBC) General Motors said it expects to generate an operating profit this year of between $13 billion and $15 billion as a semiconductor shortage that marred vehicle production and sales for most of last year shows signs of improving. The […]