Category Archives: Syndicated

Zoom reports blowout earnings but warns of a coming slowdown

(CNBC) Zoom reported better-than-expected first-quarter results Tuesday, with sales growth of 191%. The shares rose 4% in extended trading after initially falling as much as 5% as the company showed signs of a looming slowdown. To read this article:

LinkedIn spinout Confluent files for IPO, with annualized revenue of over $300 million

(CNBC) Confluent, which sells software that developers can use to quickly move data for use inside applications, filed its IPO prospectus on Tuesday, seeking to become the latest enterprise business to go from open-source project to multibillion-dollar public company. Revenue […]

Hedge fund and private equity investors increasingly focusing on outcomes as ESG integration deepens

(Hedgeweek) A new report from LGT Capital Partners (LGT CP) shows that alternative investors are increasingly focusing on ESG outcomes in order to address key issues including climate change and diversity & inclusion (D&I). To read this article:

Dow, S&P 500 rise on optimism about economic recovery

(Reuters) The S&P 500 and the Dow rose on Tuesday, with the benchmark S&P 500 within 0.5% of its record high as investors cheered signs of an improving economy ahead of a week packed with major data that is expected […]

Why China’s rebound is rich in alpha opportunities for hedge funds

(Hedgeweek) Chinese growth is unbalanced and plateauing, giving rise to alpha-generating opportunities in relative value plays, Lyxor Asset Management strategists describe why. To read this article:

KKR, CD&R nearing deal to buy out Cloudera

(Reuters) Private-equity firms KKR & Co (KKR.N) and Clayton Dubilier & Rice LLC (CD&R) are nearing a deal to take Cloudera Inc (CLDR.N) private at a valuation of $4.7 billion, Bloomberg News reported on Monday, citing a person familiar with […]

U.S futures start month slightly lower after major indexes saw gains in May

(CNBC) Stock futures are slightly lower in overnight trading after major indexes saw gains in May. Futures on the Dow Jones Industrial Average fell 35 points, or 0.10%. S&P 500 futures shed 0.09% and Nasdaq 100 futures ticked 0.03% lower. […]

Money continues to pour into hedge funds as investor interest remains strong

(Opalesque) Investors poured another +$12.47 billion into hedge funds in April, bringing year to date (YTD) inflows to +$28.81 billion, according to the just-released April 2021 eVestment Hedge Fund Asset Flows Report. Overall hedge fund business AUM stood at $3.525 […]

Economy can handle the sharp rise in inflation, market bull Ed Yardeni predicts

(CNBC) The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy can handle it. Yardeni, who spent decades on Wall Street running investment strategy for major firms including Prudential and Deutsche Bank, […]

Teneo Capital Management sees longterm opportunities for cannabis stocks

(Opalesque) Cannabis companies have boomed in recent years as legalization efforts at the state level in the US move forward. New York and New Jersey are the most recent states to approve recreational cannabis, while still others have it in […]

Salesforce growth accelerates as company offers strong guidance for coming fiscal year

(CNBC) Salesforce shares rose 5% in extended trading on Thursday after the cloud software maker issued earnings and guidance that surpassed analysts’ expectations. Here’s how the company did: To read this article:

Fed’s Kaplan cites real estate excesses as one reason to start tapering purchases

(CNBC)Dallas Federal Reserve President Robert Kaplan cited potential excesses in the housing market and other inflation signs as an indication that the central bank should start slowly pulling back on its asset purchase program. With the Fed still buying at […]