Monthly Archives: January 2022
Stock futures rise ahead of first trading day of 2022
(CNBC) U.S. stock futures rose on Sunday evening as Wall Street looked to start off 2022 on solid footing. Futures tied to the Dow Jones Industrial Average rose 115 points, or about 0.3%. Those for the S&P 500 and Nasdaq […]
Financial Company and Its President Charged with Engaging in Fraudulent Schemes to Boost Stock Price
(HedgeCo.Net) The Securities and Exchange Commission has charged Medallion Financial Corp., a Delaware company headquartered in New York, NY, and its President and Chief Operating Officer, Andrew Murstein of New York, NY, with illegally engaging in two schemes in an […]
These five analysts were the best performers of 2021
(CNBC) Trading stocks in the capital markets in 2021 has not been an endeavor for the faint of heart. The year could be characterized by exciting events like a powerful influx of retail traders, or by various cryptocurrency-linked stocks […]
S&P 500 ends 2021 with a nearly 27% gain, but dips in final trading day
(CNBC) U.S. stocks finished their final trading session of the year lower, capping off a record-setting 2021 that came despite the persistent headwinds of Covid-19. The Dow Jones Industrial Average on Friday fell 59.78 points, or 0.16%, to 36,338.30. The […]
Venture and growth capital fundraising grew by 240% over the past five years
(Opalesque) Over the past five years, venture and growth capital fundraising grew by 240%, driven by the emergence and growth of the so-called unicorns (privately held companies with valuations above $1 billion), said a study. In contrast, annual buyout fundraising […]
Stocks could ride the 2021 tailwind into the new year, but the jobs report and Fed will be in focus
(CNBC) It’s back to business in the week ahead with a busy economic calendar to start the new year, including the always important monthly jobs report. After a stellar 2021, stocks head into the 2022 with a tailwind, but the […]
Top Chinese quant hedge fund ‘deeply guilty’ over record losses
(Hedgeweek) Zhejiang High-Flyer Asset Management, one of China’s top quant hedge fund managers, has apologised to investors following a record slump in performance, according to a report by Bloomberg. To read this article:
SEC Charges Vuuzle Media Corp. and Affiliated Individuals in Connection With $14 Million Offering Fraud
(HedgeCo.Net) The Securities and Exchange Commission has charged Vuuzle Media Corporation, a purported online live streaming and entertainment company, and its founder Ronald Shane Flynn (a.k.a. Ronnie Shane) with fraudulently offering over $14 million in securities to investors across the […]
Hedge fund assets hit record $3.6tn after delivering best performance in more than a decade: hedge fund news, week 04
(Opalesque) In the week ending January 22nd 2021, HFR reported that hedge fund industry capital surged to conclude a volatile 2020 as strong performance gains drove hedge fund assets globally, and in particular Equity Hedge strategies, to significant new milestones. […]
Interactive Brokers restricted GameStop trading to protect the market, says Chairman Peterffy
(CNBC) Interactive Brokers Chairman Thomas Peterffy said the broker’s move to curb trading in speculative names was to safeguard the market and the clearing firms that settle the trades. “We are worried about the integrity of the marketplace and the […]
Robinhood CEO says it limited buying in GameStop to ‘protect the firm and protect our customers’
(CNBC) Robinhood CEO Vlad Tenev said Robinhood’s move to stop trading in certain speculative names was in the best interest of the company and its millions of users. To read this article:
‘You’ve got to have a cop on the beat’: Elizabeth Warren slams SEC over GameStop chaos
(CNBC) Sen. Elizabeth Warren lambasted the Securities and Exchange Commission on Thursday for the regulator’s failure to take action after a dayslong blitz of market speculation. “We need an SEC that has clear rules about market manipulation and then has […]