Category Archives: Syndicated
Venture and growth capital fundraising grew by 240% over the past five years
(Opalesque) Over the past five years, venture and growth capital fundraising grew by 240%, driven by the emergence and growth of the so-called unicorns (privately held companies with valuations above $1 billion), said a study. In contrast, annual buyout fundraising […]
Stocks could ride the 2021 tailwind into the new year, but the jobs report and Fed will be in focus
(CNBC) It’s back to business in the week ahead with a busy economic calendar to start the new year, including the always important monthly jobs report. After a stellar 2021, stocks head into the 2022 with a tailwind, but the […]
Top Chinese quant hedge fund ‘deeply guilty’ over record losses
(Hedgeweek) Zhejiang High-Flyer Asset Management, one of China’s top quant hedge fund managers, has apologised to investors following a record slump in performance, according to a report by Bloomberg. To read this article:
Elon Musk sells another $1 billion in Tesla shares, nearing 10% target
(CNBC) Tesla and SpaceX CEO Elon Musk has sold another 934,090 shares, or about $1.02 billion worth of his holdings, in his electric car and solar business according to financial filings published late Tuesday. Musk also exercised options to buy […]
Nasdaq is poised to underperform S&P 500 for first time since 2016 as investors shun tech stocks
(CNBC) For the first time in five years, tech investors aren’t the life of the Wall Street party. As 2021 winds down, the tech-heavy Nasdaq Composite is up 23% for the year, trailing the S&P 500, which has climbed 28%, […]
Morgan Stanley picks ‘regional champions’ and stocks most pressured by the supply chain crisis
(CNBC) Morgan Stanley said most acute supply chain disruptions are already easing and will be more fully resolved within the first half of 2022. That’s the base case the investment bank laid out in a recent report assessing the global […]
UBS says Chinese stock valuations are ‘very attractive,’ but don’t expect a quick rebound
(CNBC) Chinese stocks currently look “very, very attractive,” but are unlikely to see a quick turnaround in the next few months, according to UBS Global Wealth Management’s Kelvin Tay. “I think China is cheap. If you look at the performance […]
The number of mega M&As almost doubled in 2021
(Opalesque) 2021 saw 99 deals above $5 billion – a steep increase compared to 54 in 2020, 59 in 2019, and 70 in 2018, said a study. The 2022 M&A outlook report by PwC revealed that plentiful funding for deals […]
Hedge Fund Starboard Value builds 6.5% stake in GoDaddy, sending shares up 8%
(CNBC) Activist investor Starboard Value has taken a 6.5% stake in GoDaddy, sparking a rally in stock of the web services company. The hedge fund bought more than 10,000 shares of GoDaddy, worth about $800 million, according to a regulatory […]
Alphabet was the top Big Tech stock of the year — here’s why
(CNBC) As of Thursday’s close at $2938.33, Alphabet’s stock is up 68% this year. With just five trading days left in 2021, it’s virtually impossible for any of its biggest peers to catch up. Microsoft is the closest, up 51%. […]
Stock futures are little changed after S&P 500 hits another record high
(CNBC) Stock futures were calm on Monday evening as Wall Street looked to build on its record highs in the final week of the year. Futures tied to the Dow Jones Industrial Average dipped 33 points, while those for the […]
Holiday sales jumped 8.5%, Mastercard says, as shoppers shrug off higher prices
(CNBC) As shoppers kick off a wave of returns and exchanges or rush in to spend gift cards, retailers appear to have reason to celebrate: Holiday spending rose 8.5% compared with a year ago, according to Mastercard SpendingPulse. The gain […]