Category Archives: Syndicated
Hedge funds up bets on yen rally
(Hedgeweek) Hedge funds are ramping up wagers on the yen’s continued strength, with the Japanese currency surging by another 1% on Friday, as traders bought options against the Australian dollar, Swiss franc, and offshore Chinese yuan, according to a report […]
Biopharma hedge funds maintain momentum in August
(Hedgeweek) August proved to be a strong month for hedge funds specialising in life sciences and biopharma stocks, with several firms reporting solid gains that helped many return to positive territory for the year, according to a report by Institutional […]
Stock futures are little changed after S&P 500 notches fourth-straight winning session: Live updates
(CNBC) U.S. stock futures were little changed Thursday evening as traders sought to shake off a sluggish September. S&P 500 futures and Nasdaq 100 futures inched higher by less than 0.1%. Futures tied to the Dow Jones Industrial Average added just 26 points. During Thursday’s regular […]
Boeing workers overwhelmingly reject contract, prepare to strike
(CNBC) More than 30,000 Boeing workers were set to strike Friday, halting production of most of the company’s aircraft after staff overwhelmingly rejected a new labor contract. It’s a costly development for the manufacturer that has struggled to ramp up production and restore […]
Oracle bumps up fiscal 2026 revenue forecast, lifting stock 6%
(CNBC) Oracle shares rose about 6% in extended trading on Thursday after the database software maker raised its fiscal 2026 revenue guidance and issued a heady forecast for the 2029 fiscal year. At an analyst meeting coinciding with the Oracle CloudWorld […]
Strong case for 50 basis point Fed rate cut, says former NY Fed chief Dudley
(CNBC) Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States.“I think there’s a strong case for 50, whether they’re going to do it or not,” […]
Elliott pressure prompts Southwest Airlines board overhaul
(Hedgeweek) Southwest Airlines revealed significant changes to its board of directors on Tuesday, including the upcoming departure of executive chairman Gary Kelly, following pressure from Elliott Investment Management, the activist hedge fund pushing for sweeping reforms at the company. To […]
Digital assets funds see first inflows in five weeks
(Hedgeweek) Digital asset investment products saw inflows totaling $130m last week, the first positive flows seen in five weeks, according to the latest digital assets fund flows weekly report from CoinShares. To read this article:
State Street launches fund to track hedge fund returns
(Hedgeweek) Southwest Airlines revealed significant changes to its board of directors on Tuesday, including the upcoming departure of executive chairman Gary Kelly, following pressure from Elliott Investment Management, the activist hedge fund pushing for sweeping reforms at the company. To […]
Stock futures inch lower as investors brace for more inflation and labor data: Live updates
(CNBC) U.S. stock futures inched lower Wednesday night as investors brace for more inflation and labor data, following a volatile session spurred by the release of the August consumer price index. Dow Jones Industrial Average futures fell by 30 points, or […]
Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021
(CNBC) Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also showed a key measure higher than expected, setting the stage for an expected quarter percentage point rate cut from […]
Hedge funds navigate record volatility to post August gains
(Hedgeweek)Hedge funds navigated an historic volatility surge in early August, with equity hedge and fixed income-based relative value arbitrage strategies leading that way, as the HFRI Fund Weighted Composite Index advanced +0.25% for the month. To read this article: