(CNBC) FTX estimates that it owes creditors around $11.2 billion, according to a reorganization plan published late Tuesday. The company said it has between $14.5 billion and $16.3 billion to distribute to creditors. Customers whose claims amount to $50,000 or […]

(CNBC) Shares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results. Robinhood reported net income of $157 million, or 18 cents per share, for the first quarter. That is a positive swing from the same […]

(Hedgeweek) Hedge funds advanced in April as equities declined, led by macro strategies, which extended their first quarter gains through the month, and the industry’s largest funds, with the HFRI Macro Asset Weighted Index advancing 2.6%. To read this article:

(Hedgeweek) Digital asset investment products saw outflows for the fourth consecutive week totalling $251m as the new US spot bitcoin ETFs saw their first ‘measurable’ outflows, according to the latest Digital Assets Fund Flows Weekly report from CoinShares. To read […]

(Hedgeweek) Hedge funds saw an estimated $9.9bn in investor withdrawals during March, a big increase on the $780m seen in February as the industry’s run of net outflows stretched to 22 consecutive months, according to a new report from Nasdaq […]

(CNBC) Dow Jones Industrial Average futures sat near flat Wednesday after the blue-chip average clinched its longest winning streak since December. Futures tied to the 30-stock average lost 19 points, inching marginally below its flatline. S&P 500 futures and Nasdaq 100 futures also both traded […]

(CNBC) Reddit shares rallied 14% in extended trading on Tuesday after the company released quarterly results for the first time since its IPO in March. Revenue climbed 48% from $163.7 million a year earlier. The company reported $222.7 million in ad revenue […]

(CNBC) Disney reported fiscal second-quarter earnings Tuesday that beat analyst estimates after narrowing streaming losses. Disney’s total segment operating income jumped 17% as the company’s entertainment streaming applications — Disney+ and Hulu — turned a profit in the quarter for the […]

(CNBC) The US continuously assess how our controls can best protect our national security and foreign policy interests, taking into consideration a constantly changing threat environment and technological landscape,” a Commerce spokesperson said in a statement. “As part of this […]

(Hedgeweek) MFA has submitted a comment letter to the Commodity Futures Trading Commission (CFTC), making recommendations on how the commission should approach the use of artificial intelligence tools in derivatives markets. To read this article:

(Hedgeweek) The Asset Management Association of China (AMAC) has published tighter rules for the country’s hedge fund sector, including an increase in the minimum asset threshold as well as new restrictions on the use of derivatives and leverage, according to […]

(CNBC) U.S. stock futures flickered near the flatline Monday evening after the Dow Jones Industrial Average wrapped its fourth positive day in a row. Dow futures were down 4 points, or 0.01%. S&P 500 futures ticked lower by 0.02%, while Nasdaq 100 futures slipped 0.04%. To read […]