(CNBC) S&P 500 futures inched up Sunday night after the broad market index suffered its worst weekly losses since April last week as investors rotated out of megacap technology stocks for smaller names. Futures tied to the broad market index […]

(Opalesque) In the week ending July 19th 2024, Pivotal Path reported that hedge funds finished the first half of the year in positive performance territory, with funds including Bridgewater Associates, Schonfeld Strategic Advisors and Aspect Capital posting double digit gains. […]

(Hedgeweek) Brevan Howard’s crypto hedge fund achieved a significant gain of around 20% in the first half of this year, amid increased interest from institutional investors in the burgeoning asset class, according to a report by MarketWatch. To read this […]

(CNBC) Elliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to find ways to improve the company’s share price. Elliott is one of the most prolific activist investors and one of the largest hedge funds […]

(CNBC) Netflix reported second-quarter earnings that showcased the media giant’s position at the head of the streaming race as it added more global subscribers and saw strong growth in its advertising business. The streamer said its ad-supported memberships grew 34% during the period […]

(CNBC) When computer screens went blue worldwide on Friday, flights were grounded, hotel check-ins became impossible, and freight deliveries were brought to a stand-still. Businesses resorted to paper and pen. And initial suspicions landed on some sort of cyberterrorist attack. The reality, however, was […]

(CNBC) Stock futures were quiet on Thursday evening as Wall Street looked to stabilize after a slide for equities. Futures tied to the Dow Jones Industrial Average inched up 28 points, or less than 0.1%. S&P 500 futures ticked up 0.1%, while Nasdaq 100 futures added […]

(CNBC) Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. presidential candidate Donald Trump. Nvidia’s rise came after TSMC said on Thursday that demand remains high and […]

(CNBC) Netflix reported second-quarter earnings Thursday that showcased the media giant’s position at the head of the streaming race as it added more global subscribers and saw strong growth in its advertising business. The streamer said its ad-supported memberships grew 34% during the […]

(CNBC) OpenAI announced it will launch a new AI model, “GPT-4o mini,” the artificial intelligence startup’s latest effort to expand use of its popular chatbot, on Thursday. The company called the new release “the most capable and cost-efficient small model available today,” and it […]

(Hedgeweek) Global hedge funds have been reducing their exposure to US stocks for five consecutive days amid a broad sell-off in megacap tech-related stocks, according to a report by Reuters citing a note from Goldman Sachs. To read this article:

(Hedgeweek) Clear Street, a financial technology firm focused on the brokerage ecosystem, is to acquire Instinet’s Fox River algorithmic trading business, which provides algorithmic execution solutions in US and Canadian equities. To read this article: