Category Archives: Syndicated
Court Enters Final Judgment Against Investment Adviser Who Defrauded Retired Couple
(HedgeCo.Net) The U.S. District Court for the District of Connecticut entered a judgment against unregistered investment adviser Hai Khoa Dang for defrauding a retired couple who had been his advisory clients for 20 years. According to the SEC’s complaint, filed […]
Leon Cooperman declines Elizabeth Warren invite to testify at Senate hearing on taxes
(CNBC) Sen. Elizabeth Warren wants one of her biggest critics to face lawmakers in a hearing next week, but that encounter will have to wait. Warren, a progressive Democrat from Massachusetts, invited billionaire investor Leon Cooperman to testify before a […]
U.S. long/short hedge fund bets on return of value stocks
(Opalesque) From the March downturn through the end of 2020, growth stocks delivered a 1.5x greater return than their value counterparts. In 2021, the tables have turned: value stocks are pulling away to lead the market while the growth sector […]
Bitcoin rally this year is the start of going mainstream, not a bubble, says investor Bill Miller
(CNBC) Longtime value investor Bill Miller on Tuesday said he believes bitcoin is firmly entering into the mainstream, contending the cryptocurrency’s rally in recent months is significantly different from its 2017 ascension and subsequent plunge. To read this article:
Netflix’s correction quarter: Streaming giant stumbles after benefiting from early pandemic surge
(CNBC) Shares slumped more than 10% after hours after Netflix announced it had added just under 4 million subscribers in the first quarter — missing the company’s forecast of 6 million. Netflix also said it expected a mere 1 million […]
Macro hedge fund Arete Capital eyes shorter duration assets amid rate rise shift
(Hedgeweek) Global macro hedge fund Arete Capital Partners is tilting towards shorter-duration assets amid an evolving rate environment which carries far-reaching consequences for inflation and the cost of capital. To read this article:
This week’s market decline looks like a brief pause for now, analysts say
(CNBC) Stocks are now in a choppy period, and technical analysts say it has the look of a short-term pullback. Strategists say it would make sense for this week’s selling to fit in the pattern of many pullbacks with a […]
Stock Shorts Collapse as No Hedge Fund Wants ‘Head Ripped Off’
(Bloomberg) — Wall Street bears battered by the Reddit crowd earlier this year have yet to regain their gumption, even with stocks at records and valuations near two-decade highs. The median short interest in members of the S&P 500 sits […]
Bridgewater launches sustainable investing venture
(Hedgeweek) Bridgewater Associates (Bridgewater), a global leader in institutional portfolio management and the largest hedge fund in the world, has launched a new sustainable investing venture. To read this article:
Wall Street banks brace for digital dollars as the next big disruptive force
(CNBC) Wall Street is warming up to the idea that the next big disruptive force on the horizon is central bank digital currencies, even though the Federal Reserve likely remains a few years away from developing its own. Led by […]
Bitcoin’s sell-off by the numbers: Oppenheimer puts the latest drop into perspective
(CNBC) It’s been a wild few days for bitcoin. The cryptocurrency fell close to $52,000 on Sunday, sharply off its record high set last week above $64,800. The sell-off was tied to rumors of a regulatory crackdown in the U.S., […]
IBM beats across the board, posts revenue growth after four quarters of declines
(CNBC) IBM shares rose up to 4% in extended trading on Monday after the enterprise technology and services maker reported first-quarter earnings that came in better than analysts had expected. To read this article: