Monthly Archives: January 2022
Warren Buffett makes over $120 billion on Apple’s rise to $3 trillion, among his best bets ever
(CNBC) Warren Buffett’s out-of-character bet on Apple may end up being one of his winningest investments, making more than $120 billion on paper as the tech giant shattered yet another record to top a $3 trillion market valuation this week. […]
Apple’s rise to $3 trillion market cap shows the value of its massive share buybacks
(CNBC) Apple capped off a stunning rise on Monday when it briefly became the first company to touch a $3 trillion market value before closing the day just short of the mark. The relentless rise of Apple’s stock speaks to […]
After rapid rate increase to start 2022, investors see benchmark 10-year yield rising to 2% soon
(CNBC) The bond market is signaling that interest rates are about to rise on Main Street. Treasury yields are pushing higher at the fastest new year pace in 20 years. The closely-watched benchmark 10-year Treasury yield was as high as […]
Dow rises 200 points to record Tuesday, but Nasdaq sheds 1% as higher rates divide the market
(CNBC) The Dow Jones Industrial Average rose for a second day to start 2022 as investors bet on the kinds of stocks that would benefit from a robust economy this year despite the omicron threat. But a continuing spike in […]
Agecroft Partners predicts top hedge fund industry trends for 2022
(Hedgeweek) Agecroft Partners has made his 13th annual predictions for the biggest trends in the hedge fund industry for 2022. These predictions are based on insights from more than 2,000 institutional investors globally and hundreds of hedge fund organisations. The […]
U.S. corporate pensions are the healthiest since the financial crisis
(Opalesque) Last year marked the strongest year for corporate pension plans since before the financial crisis of 2007, said a study. According to an analysis by Willis Towers Watson, the aggregate pension funded status of U.S. defined benefit pension plans […]
SEC Obtains Final Judgments Against Crowdfunding Issuer CEO and Registered Funding Portal and Its CEO
(Hedgeco.Net) The Securities and Exchange Commission has announced the final judgments against Nicole Birch, former CEO of crowdfunding issuer, Transatlantic Real Estate, LLC, SEC-registered crowdfunding portal, TruCrowd, Inc., and its CEO, Vincent Petrescu. The SEC’s complaint, filed on September 20, […]
Bitcoin to outperform the S&P 500 in 2022
(CNBC) In 2021, Bitcoin has outperformed the S&P 500 index. Bitcoin is up 73%, while the S&P 500 is up 28% this year. Blockchain data research firm Arcane Research said in a study that Bitcoin will continue this performance next […]
Jury finds Theranos founder Elizabeth Holmes guilty on multiple charges in criminal fraud trial
(CNBC) Theranos founder Elizabeth Holmes, the one-time billionaire and darling of Silicon Valley who promised a revolutionary blood-testing technology, has been found guilty of four charges in her criminal fraud trial. The jury of eight men and four women were handed the […]
Apple’s rise to $3 trillion market cap shows the value of its massive share buybacks
(CNBC) Apple capped off a stunning rise on Monday when it briefly became the first company to touch a $3 trillion market value before closing the day just short of the mark. The relentless rise of Apple’s stock speaks to […]
Founder of crypto lending platform argues that bitcoin could hit $100,000 by mid-2022
(CNBC) Bitcoin could see further upside and surge as high as $100,000 by the middle of 2022, according to Antoni Trenchev of cryptocurrency lender Nexo. The world’s largest cryptocurrency by market cap was trading at $46,170.43 as of 8:42 p.m. […]
Markets and the economy brace as the Federal Reserve’s first rate hike could come in two months
(CNBC) If everything goes according to plan, the Federal Reserve in a little over two months will enact its first rate increase in three years, a move policymakers deem necessary and that markets and the economy are grudgingly coming to […]