Monthly Archives: September 2024

(Hedgeweek) While many hedge funds have ridden chipmaker Nvidia’s stock price surge to book substantial gains, winners from the S&P 500’s top performer for 2024 are far fewer on the ground with Lone Pine, Third Point and Coatue among the […]

(CNBC) Futures tied to the Dow Jones Industrial Average were little changed on Wednesday night after the index broke a four-day win streak. Dow futures slipped 20 points, or 0.05%. S&P 500 futures rose 0.09%. Nasdaq 100 futures climbed 0.3%, boosted higher by shares of Micron Technology. […]

(CNBC) Southwest Airlines is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to a company memo seen by CNBC. The changes come a day before Southwest’s investor day, when […]

(CNBC) OpenAI’s board is considering plans to restructure the firm to a for-profit business, according to a source who asked to remain anonymous because the talks are ongoing. The company will retain its non-profit segment as a separate entity, the […]

(Hedgeweek) The largest hedge funds now control nearly three-quarters of the entire industry, with multi-strategy firms attracting the vast majority of business, according to a report by Reuters citing data from Bank of America. To read this article:

(Hedgeweek) The largest hedge funds now control nearly three-quarters of the entire industry, with multi-strategy firms attracting the vast majority of business, according to a report by Reuters citing data from Bank of America. To read this article:

(Hedgeweek) The largest hedge funds now control nearly three-quarters of the entire industry, with multi-strategy firms attracting the vast majority of business, according to a report by Reuters citing data from Bank of America. To read this article:

(Hedgeweek) The largest hedge funds now control nearly three-quarters of the entire industry, with multi-strategy firms attracting the vast majority of business, according to a report by Reuters citing data from Bank of America. To read this article:

(CNBC) Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New York federal court to two years in prison and ordered to forfeit $11 billion for her role in the massive fraud and […]

(CNBC) Collaboration software maker Smartsheet on Tuesday announced Blackstone and Vista Equity Partners will acquire it in an all-cash deal valuing the company at about $8.4 billion. Stockholders will receive $56.50 per share, a 41% premium to Smartsheet’s average closing price over […]

(CNBC) The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing “exclusionary” agreements on partners and smothering upstart firms. Visa’s moves over the years have resulted in American […]

(CNBC) Nvidia CEO Jensen Huang is done selling the chipmaker’s stock for the time being, cashing in more than $700 million under a prearranged plan. The 61-year-old executive in mid-March adopted a trading plan for the sale of up to six […]