(CNBC) Jamie Dimon’s days as CEO of JPMorgan Chase are numbered — though it is unclear by how much.“The timetable isn’t five years anymore,” Dimon said at the New York-based bank’s annual investor meeting. In a response to a question Monday about […]

(Hedgeweek) Elliott Investment Management, the $8bn activist hedge fund firm founded by Paul Singer, has built a stake worth over $1bn in Johnson Controls International, a specialist in HVAC control systems used by data centres, according to a report by […]

(CNBC) Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earnings report, filed Monday with the Securities and Exchange […]

(Hedgeweek) Hedge funds experienced their first negative month of the year in April, with a weighted average return of -0.7%, according to new data from Citco, but remain in positive territory for 2024 with a year-to-date weighted average return of […]

(CNBC) U.S. stock futures ticked higher on Sunday night, after the Dow Jones Industrial Average closed above the key 40,000 level for the first time ever on Friday. Futures tied to the 30-stock index rose by less than 0.1%. S&P 500 futures and Nasdaq 100 futures were […]

(CNBC) Boaz Weinstein, the hedge-fund investor on the winning side of JPMorgan Chase’s $6.2 billion, “London Whale” trading loss in 2011, is now taking on index fund giant BlackRock.  To read this article:

(Hedgeweek) As well as proving popular with retail investors, bitcoin ETFs have caught the attention of hedge fund majors including Millennium Management, Schonfeld Strategic Advisors and Point72 Asset Management, according to a report by Bloomberg. To read this article:

(CNBC) Fresh off a $1.1 billion equity funding round, artificial intelligence infrastructure startup CoreWeave has raised $7.5 billion in debt to more heavily invest in its cloud data centers. Blackstone’s funds led the lending round, with participation from Coatue, Carlyle, BlackRock, Magnetar and […]

(Hedgeweek) Peconic Partners, the $1.8bn long-short hedge fund firm run by Bill Harnisch, has continued a four-year winning run so far in 2024, with the fund up 18% year-to-date, extending a run of outperformance that includes a 26% gain in […]

(CNBC) Futures tied to the Dow Jones Industrial Average traded near flat Friday, after the preceding session brought much fanfare, with the blue-chip average briefly touching the key 40,000 milestone for the first time. Futures connected to the 30-stock index dipped […]

(Hedgeweek) Quant hedge fund Renaissance Technologies was positioned to benefit from the meme stock mania sweeping the US this week, having added a new long position in GameStop and significantly increased its position in AMC Entertainment during Q1, according to […]

(Hedgeweek) The world’s largest futures exchange CME Group is aiming to capitalise on this year’s surge in money managers demand for cryptocurrency exposure with the launch of bitcoin spot trading on its platform, according to a report by the Financial […]