Category Archives: Syndicated

How hedge funds can weather Q4’s choppy markets

(Hedgeweek) Hedge funds are well-placed to outperform other assets classes in a potentially choppy market environment during the fourth quarter, with commodities, event driven and certain credit strategies faced with a rich opportunity set and strong upside potential as markets […]

Tesla hits $1 trillion market cap for the first time after Hertz says it will buy 100,000 electric vehicles

(CNBC) Tesla hit a $1 trillion market cap on Monday following news that Hertz is ordering 100,000 vehicles to build out its electric vehicle rental fleet by the end of 2022. The company joins trillion-dollar market cap companies like Apple, […]

Warning signs for hedge funds as investor allocations slow down

(Hedgeweek) The recent steady flow of new investor capital into hedge funds this year could be showing signs of slowing down, with less than half of managers (44 per cent) seeing positive inflows in September, according to new eVestment research. […]

Cryptocurrencies post record inflows in latest week -CoinShares data

(Reuters) Cryptocurrency products and funds had record inflows last week to the tune of $1.5 billion, their 10th straight week of investments, as optimism soared with the trading of bitcoin exchange traded funds, a report from digital asset manager CoinShares […]

Private equity, hedge funds accounted for over $625 million in political spending during 2020 campaign, study says

(CNBC) Private equity and hedge funds accounted for over $625 million in political spending during the cycle leading up to the 2020 election, with the lion’s share going to campaign contributions, according to new research. It was the most this […]

Saudi Arabia launches national infrastructure fund with BlackRock

(Reuters) Saudi Arabia, advised by the world’s largest fund manager BlackRock, has launched a national infrastructure fund to support up to 200 billion riyals ($53.32 billion) in projects over the next decade, state news agency SPA said on Monday. The […]

Cathie Wood disputes Jack Dorsey’s hyperinflation warning, says prices will fall after holidays

(CNBC) Innovation investor Cathie Wood on Monday rebutted Twitter and Square founder Jack Dorsey’s theory on hyperinflation. The founder and CEO of Ark Invest took to Twitter to expound upon her contrarian theory about deflation after Dorsey tweeted Friday evening […]

Dow futures fall slightly after the blue-chip average notches third winning week in a row

(CNBC) Stock futures edged lower in overnight trading Sunday after the Dow Jones Industrial Average notched its third positive week in a row at a record high. Dow futures dipped 24 points. S&P 500 futures and Nasdaq 100 futures both […]

Twitter and Square CEO Jack Dorsey says ‘hyperinflation’ will happen soon in the U.S. and the world

(CNBC) Twitter co-founder Jack Dorsey weighed in on escalating inflation in the U.S., saying things are going to get considerably worse. “Hyperinflation is going to change everything,” Dorsey tweeted Friday night. “It’s happening.” To read this article:

HSBC’s reported pre-tax profit was $5.4 billion in the third quarter — beating expectations

(CNBC) HSBC said Monday its reported pre-tax profit came in at $5.4 billion in the third quarter of 2021 — beating expectations. Analysts had expected the Asia-focused bank to report another quarter of profit gains as the global economy recovers […]

Big Tech earnings in the week ahead could test stocks’ recent rally

(CNBC) An earnings avalanche is coming in the week ahead that could put the stock market’s recent gains to the test. Apple, Microsoft, Alphabet, Facebook and Amazon — the biggest of big cap tech — are among the 30% of […]

Two hedge funds sell stakes in Trump SPAC firm DWAC after merger news, big stock price rise

(CNBC) At least two hedge funds sold their stakes in Digital World Acquisition Corp. after that SPAC firm announced plans to merge with former President Donald Trump’s planned social media platform. Lighthouse Investment Partners shed its holdings in Digital World […]