(Hedgeweek) Segantii Capital Management has initiated the return of approximately one-third of its $4.7bn AUM to investors, following its decision to wind down operations amidst an insider dealing charge, according to a report by Bloomberg.  To read this article:

(CNBC) Bitcoin continued its descent on Monday, sliding below $60,000 for the first time since May 3. The price of the flagship cryptocurrency was last down 7% at $59,562.54, according to Coin Metrics. Earlier, it fell as low as $59,021.42, about 19% […]

(CNBC) Monday’s slide was the chipmaker’s second steepest drop of the year, as the stock fell 6.7% to $118.11. Nvidia’s decline brought with it a slide in chipmakers and other tech companies that have been tied to the artificial intelligence […]

(CNBC) Oracle provides cloud infrastructure for TikTok, which has over 150 million users in the U.S. “If we are unable to provide those services to TikTok, and if we cannot redeploy that capacity in a timely manner, our revenues and profits would […]

(CNBC) The artificial intelligence startup has taken a restrictive approach in the past, with rules allowing the company to determine who gets to participate in stock sales, leading to concern among many shareholders about their ability to get liquidity for […]

(Hedgeweek) Prime broker challengers like Cantor Fitzgerald, Interactive Brokers and StoneX are gaining ground as they seek to attract smaller hedge funds that are often underserved by major banks, according to a report by Financial News. To read this article:

(CNBC) Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand. They’re are also four of the world’s five most valuable companies. The other is Nvidia, which for a time last week, surpassed Microsoft to become the largest […]

(CNBC) The Delaware Chancery Court ruled against Starboard on June 20, but the activist still thinks that Autodesk requires board enhancement, as well as improved growth and profitability through operational performance, capital allocation policies and investor communications. To read this article:

(CNBC) Wall Street’s climb to record highs has come with conspicuously little volatility. The S&P 500 has gone 377 days without a 2.05% sell-off. That’s the longest stretch for the benchmark since the great financial crisis, according to FactSet data compiled by […]

(Hedgeweek) Bobby Jain, founder and CEO of New York-based hedge fund firm Jain Global, said that hedge funds face growing competition from private credit firms for investor capital, on a panel at the UBS Singapore Family Wealth Forum on Thursday, […]

(Hedgeweek) Arrowpoint Investment Partners, one of Asia’s largest hedge fund launches this year, has secured investment from the Canada Pension Plan Investment Board and a unit of Singapore’s Temasek Holdings, according to a report by Reuters.  To read this article:

(Hedgeweek) Electron Capital Partners’ Global Fund is poised for its best performance in four years, rebounding from last year’s losses with a strong start in 2024, according to a report by Institutional Investor.  To read this article: