(CNBC) U.S. stock index futures turned positive in volatile overnight trading following last week’s heavy losses —the worst for the market since October. Futures contracts tied to the Dow Jones Industrial Average edged 67 points higher. S&P 500 futures and […]

(CNBC) Hedge fund Melvin Capital Management lost 53% in January amid a record rally in GameStop and other stocks the fund was betting against, a source familiar with the matter told CNBC. The heavy losses come as retail investors piled […]

(Reuters) Robinhood Markets Inc’s user agreement is likely to protect the brokerage app from a barrage of lawsuits filed by customers after it blocked a frenzied trading rally in companies such as GameStop Corp that was fueled on social media […]

(Opalesque) In its strongest performing quarter of the year, Asia attracted $25.2 billion in VC investment in Q4’20 – up from $24.4 billion in Q3’20, said a study. “VC investment in Asia continued to rebound in Q4’20, driven primarily by […]

(Reuters) Wells Fargo & Co Chief Executive Officer Charles Scharf’s annual pay fell by about $3 million, or 12%, in 2020, a regulatory filing showed on Friday. Scharf will receive $20.3 million for his work during the year, compared with […]

(Opalesque) In the week ending January 22nd 2021, HFR reported that hedge fund industry capital surged to conclude a volatile 2020 as strong performance gains drove hedge fund assets globally, and in particular Equity Hedge strategies, to significant new milestones. […]

(CNBC) Interactive Brokers Chairman Thomas Peterffy said the broker’s move to curb trading in speculative names was to safeguard the market and the clearing firms that settle the trades. “We are worried about the integrity of the marketplace and the […]

(CNBC) Robinhood CEO Vlad Tenev said Robinhood’s move to stop trading in certain speculative names was in the best interest of the company and its millions of users. To read this article:

(CNBC) Sen. Elizabeth Warren lambasted the Securities and Exchange Commission on Thursday for the regulator’s failure to take action after a dayslong blitz of market speculation. “We need an SEC that has clear rules about market manipulation and then has […]

(CNBC) Dogecoin, a digital coin originally founded as a joke, has soared over 800% after a Reddit board talked about making it the cryptocurrency equivalent of GameStop. To read this article:

(Hedgeweek) Blackstone – the world’s largest alternative investment manager – has seen its group-wide assets increase by 8 per cent, though its hedge fund capital fell slightly last year, despite positive performance amid “significantly less volatility than the broader markets”. […]

(Bloomberg) In a matter of weeks, two hedge-fund legends — Steve Cohen and Dan Sundheim — have suffered bruising losses as amateur traders banded together to take on some of the world’s most sophisticated investors. In Cohen’s case, he and […]