Monthly Archives: February 2024

(CNBC)Stock futures were little changed on Thursday morning as Wall Street looked to build on a modest rebound with key economic data on deck. Futures tied to the Dow Jones Industrial Average ticked up 10 points, or 0.03%. S&P 500 […]

(CNBC) Cisco is the latest tech company to downsize in 2024, as the industry continues to squeeze out costs following the market downturn that hit two years ago. January was the busiest month for job cuts in the industry since […]

(CNBC) Nvidia surpassed Google parent Alphabet in market capitalization on Wednesday. It’s the latest example of how the artificial intelligence boom has sent the chipmaker’s stock soaring. Nvidia rose over 2% to close at $739.00 per share, giving it a […]

(Hedgeweek) Goldman Sachs & Co has achieved a greater than 99% same day affirmation rate and a significant improvement in settlement rates for transactions leveraging CTM’s Match to Instruct (M2i) workflow in Q4 2023. To read this article:

(Hedgeweek) Anthony Vaccarino, a former Portfolio Manager at Steve Cohen’s SAC Capital Advisors, has teamed up with his old boss again joining Point72 Asset Management’s capital markets team, where he will report to Andrew McEntire. To read this article:

(Hedgeweek) Global hedge funds bought more stocks than they sold for the second consecutive week last week, mainly in ‘cyclical’ sectors such as energy, industrials and materials, amid an “almost no panic” market, according to a report by Reuters.  To […]

(CNBC) U.S. stock futures were flat Tuesday night after the Dow Jones Industrial Average posted its biggest decline since March 2023. Futures tied to the Dow slipped 15 points, or 0.04%. S&P 500 futures inched up 0.02%, and Nasdaq 100 […]

(Hedgeweek) Alternative fund managers are concerned about the growing threat they face from money laundering risks and their organisation’s focus on anti-money laundering (AML) management is set to increase over the next 24 months, according to new research from Ocorian, […]

(CNBC) Nvidia surpassed Amazon in market capitalization on Tuesday. It’s a sign of strong demand for semiconductors that run cutting-edge artificial intelligence and the investor appetite for the companies that make the chips. Nvidia closed at $721.28 per share, giving […]

(CNBC) A New Hampshire libertarian activist and radio show host convicted of using bitcoin to launder tens of millions of dollars in proceeds from romance scams and internet fraud was ordered to pay more than $3.5 million in restitution to […]

(Hedgeweek) Digital asset investment products saw inflows of $1.1bn last week, bringing year-to-date inflows to $2.7bn, and AUM to its highest level since early 2022 at $59bn, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares. To […]

(Hedgeweek) AGF Management (AGF) has made a strategic investment in New Holland Capital (NHC), a New-York based multi-strategy investment manager with more than $5bn in AUM and more than 17 years of experience in absolute return investment strategies. To read […]