(CNBC) Despite the increasingly partisan sentiment in the cryptocurrency industry, bitcoin will thrive over the long term regardless of who wins the U.S. presidential election in November. That’s a view many crypto investors are coming to accept, as the wave of optimism […]

(CNBC) Following a better-than-expected earnings report after the close on Monday, the stock popped 11% on Tuesday. It gained more steam on Wednesday, closing at a record $157.10. Oracle has seen double-digit gains following each of its three quarterly reports this year, […]

(CNBC) Global attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, Alphabet’s Google and Meta. But some of China’s giants, from Alibaba to Tencent, have launched their own AI models over the past 18 months, looking to capitalize on the hype […]

(CNBC) U.S. stock futures were little changed Tuesday night ahead of the August consumer inflation report due Wednesday morning. Dow Jones Industrial Average futures fell 6 points, hovering near the flatline. S&P 500 futures and Nasdaq 100 futures both dipped less than 0.1%. In after-hours […]

(CNBC) JPMorgan Chase shares fell 5% on Tuesday after the bank’s president told analysts that expectations for net interest income and expenses in 2025 were too optimistic. While the bank expects to be in the “ballpark” of the 2024 target for […]

(CNBC) On Wednesday, the Labor Department’s Bureau of Labor Statistics will release its consumer price index report for August. A day later, the BLS issues its producer price index report, also for August, a measure used as a proxy for […]

(Hedgeweek) The once-booming multi-manager hedge fund sector, pioneered by firms like Citadel and Millennium, has seen its first net outflows in seven years, signalling that investor interest may be fading, according to a report by the Financial Times citing data […]

(Hedgeweek) Elliott Management, the New York-based hedge fund renowned for its aggressive investment tactics, is set to play a pivotal role in the future of Thames Water after acquiring the utility company’s debt at significantly reduced prices, according to a […]

(Hedgeweek) Data is more than a buzzword in alternative investments – it has become the lifeblood for countless hedge fund strategies, as quant and algorithmic trading take an ever more dominant position within the industry. To read this article:

(Hedgeweek) Wildcat Capital Management, originally established as the family office of billionaire David Bonderman, has invested over $200m in a new hedge fund, Whitebark Investors, which has been spun out of the firm under the leadership of Thomas McConnon. To […]

(CNBC) Stock futures hovered near the flatline Monday evening after the major averages rebounded from their worst week in 2024. Futures tied to the S&P 500 added 0.1%, while Nasdaq 100 futures advanced 0.1%. Dow Jones Industrial Average futures were little changed. To read this […]

(Hedgeweek) China’s covert strategy to manage its currency is exposing domestic banks to potential multi-billion-dollar losses, while providing hedge funds and other investors with lucrative profits, according to a report by Bloomberg. To read this article: