Category Archives: Syndicated
Stock futures are little changed ahead of key jobs data in a shortened trading week:
(CNBC) U.S. equity futures were little changed Monday morning as investors looked forward to jobs data in another shortened trading week. Futures tied to the Dow Jones Industrial Average edged lower by 29 points, or 0.07%. S&P 500 futures added 0.02%, and Nasdaq 100 […]
Amit Yoran, chair and CEO of cybersecurity firm Tenable, dies unexpectedly after cancer battle
(CNBC) Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday. He was 54. Yoran’s passing was confirmed by Tenable. While the company said his death was unexpected, Yoran went on medical leave early last […]
Fed’s Kugler, Daly say job not done on taming inflation
(CNBC) Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank’s job on taming inflation is not yet done, but also signaled they do not want to risk damaging the labor market as they try to finish […]
Multi-strats make their mark in 2024
(Hedgeweek) Multi-strategy hedge funds delivered impressive performance in 2024, with many, including Millennium Management, Citadel, and DE Shaw, achieving double-digit gains, making it a standout year for the industry, according to a report by Bloomberg. To read this article:
DE Shaw to return billions to investors after strong 2024 performance
(Hedgeweek) New York-based hedge fund major DE Shaw is planning to return billions of dollars to external clients after its flagship hedge funds delivered exceptional double-digit gains in 2024, according to a report by Bloomberg. To read this article:
Millennium posts 15% 2024 gain but lags S&P 500
(Hedgeweek) Millennium Management, the multi-strategy hedge fund major led by Izzy Englander, recorded a 2.5% gain in December, bringing its total returns for 2024 to 15%, but short of the S&P 500’s 23% gain for the year, according to a […]
Majority of Citadel investors decline offer to redeem profits
(Hedgeweek) Multi-strategy hedge fund major Citadel recently offered its investors the option to cash out profits following a 15.1% gain in its flagship Wellington fund in 2024, but most opted to leave their capital invested in the fund, according to […]
Activist investor campaigns hit record level in 2024
(Hedgeweek) A record number of activist investors launched campaigns against global companies in 2024 reflecting growing momentum for shareholder activism and fuelling expectations of continued growth in 2025, according to a report by Reuters citing new research by Barclays. To […]
Short-seller Hindenburg targets online vehicle retailer Carvana
(Hedgeweek) Prominent short-seller Hindenburg Research has taken a short position against Carvana after accusing the online auto retailer of significant financial impropriety, alleging that the business model is unsustainable and its subprime loan portfolio poses major risks, according to a […]
Stock futures are little changed after a rocky start to 2025:
(CNBC) U.S. stock futures were little changed Thursday night after a volatile start to the new year. Dow Jones Industrial Average futures fell by 16 points, or 0.04%. S&P 500 futures and Nasdaq 100 futures dipped 0.04% and 0.03%, respectively. […]
Ken Griffin’s flagship hedge fund at Citadel climbs 15.1% in 2024
(CNBC) Billionaire investor Ken Griffin’s handful of hedge funds at Citadel all posted double-digit returns in 2024, led by its tactical trading strategy. Citadel’s multistrategy Wellington fund, its largest, finished the year up 15.1%, according to a person familiar with […]
Cryptocurrencies jump to start 2025, bitcoin rises back above $97,000
(CNBC) Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market. The price of bitcoin rose 3% to $97,234.80 Thursday, bringing its new year gain to nearly 4% when counting trading from the Jan. 1 session. […]