Category Archives: Syndicated
Digital assets funds see record $44.4bn inflows in 2024
(Hedgeweek) Global digital assets funds racked up a record $44.4bn of inflows during the course of 2024, four-times the previous annual high set in 2021, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To read this […]
Bridgewater cuts workforce by 7% to stay agile
(Hedgeweek) Bridgewater Associates, the world’s largest hedge fund, has laid off 7% of its workforce as part of an effort to remain lean and maintain flexibility for future hiring, according to a report by Reuters citing an unnamed source familiar […]
Hedge funds ramp up short bets on Australian dollar amid economic uncertainty
(Hedgeweek) Hedge funds have significantly increased bearish positions on the Australian dollar, capitalising on the currency’s vulnerability as concerns over US tariffs and a sluggish Chinese economy weigh heavily on its value, according to a report by Bloomberg. To read […]
Stock futures slip after S&P 500 posts second straight winning day: Live updates
(CNBC) U.S. stock futures slipped on Tuesday morning after the S&P 500 and Nasdaq Composite notched a second winning day. S&P 500 futures were down 0.06%, while Nasdaq 100 futures were 0.17% lower. Futures tied to the Dow Jones Industrial Average slipped 33 points, or less than 0.1%. In […]
Veteran trader plans new hedge fund to capitalise on market volatility
(Hedgeweek) Vulpes Investment Management, the family office of veteran hedge fund manager Steve Diggle, who made billions during the 2008 financial crisis, is planning to raise up to $250m for a new hedge fund and managed accounts, according to a […]
Cryptocurrencies rise to start the week, bitcoin jumps above $102,000
(CNBC) The price of bitcoin leapt back above $100,000 to start the first full trading week of the new year. The flagship cryptocurrency was last higher by 4% at $102,250.00, according to Coin Metrics. The broader crypto market, as measured […]
Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs
(CNBC) Nvidia revealed new chips for desktop and laptop PCs on Monday that use the same Blackwell architecture underpinning the company’s fastest AI processors for servers and data centers. The chips, called GeForce RTX 50-series, will come pre-installed in computers ranging […]
Fubo stock skyrockets 250% after streamer strikes a deal to combine with Disney’s Hulu+ Live TV
(CNBC) Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced Monday. Disney will become majority owner of the resulting company — the publicly traded Fubo company — with a 70% ownership stake. […]
New ETFs that combine bitcoin exposure and options are coming in 2025
(CNBC) The fund will combine options exposure on the Cboe Bitcoin U.S. ETF Index with Treasury holdings and is designed to be held for 12 months. The exact upside cap will be determined Jan. 22, based on options pricing. It […]
Long-short stock-picking hedge funds post best returns since 2020
Hedgeweek) Global hedge funds specialising in long-short stock trading achieved their highest average returns since 2020 last year, according to a report by Reuters citing a note sent to clients by Goldman Sachs attributing the gains to steady performance amidst […]
Stock futures are little changed ahead of key jobs data in a shortened trading week:
(CNBC) U.S. equity futures were little changed Monday morning as investors looked forward to jobs data in another shortened trading week. Futures tied to the Dow Jones Industrial Average edged lower by 29 points, or 0.07%. S&P 500 futures added 0.02%, and Nasdaq 100 […]
Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle
(CNBC) Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday. He was 54. Yoran’s passing was confirmed by Tenable. While the company said his death was unexpected, Yoran went on medical leave early last […]