(CNBC) Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries in 2023. It reported 484,507 deliveries in the fourth quarter of 2023. Tesla […]

(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 […]

(Hedgeweek) Third Point, the $12bn alternative investment firm founded by Daniel S Loeb, has agreed to acquire AS Birch Grove, an $8bn alternative credit fund manager, with the transaction expected to close during the first quarter of the year. To […]

(CNBC) Stock futures were slightly higher as trading got underway for 2025, with hopes that the market can regain the momentum that propelled it to log two-straight years of annual gains above 20%. Futures tied to the Dow Jones Industrial Average rose […]

(CNBC) It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, The 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary […]

(CNBC) In December, the world’s largest cryptocurrency broke the highly anticipated $100,000, setting a record high price above that. That came after Donald Trump — who ran on a prominently pro-crypto policy platform — secured a historic election win in November. To read this […]

(Hedgeweek) Hedge funds are helping to drive MicroStrategy’s bitcoin acquisition strategy, with the company having announced another multimillion dollar purchase of the cryptocurrency, marking its eighth consecutive week of acquisitions, according to a report by Bloomberg. To read this article:

(Hedgeweek) Citadel founder Ken Griffin was only half correct last month when he claimed the multistrategy hedge fund boom had “come and gone,” according to a report by Bloomberg. To read this article:

(CNBC) As if the bond rout in 2024 wasn’t bad enough, fixed income investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due. Nearly $3 trillion of U.S. debt is expected to […]

(Hedgeweek) Hedge fund manager Crispin Odey is seeking at least $79m in damages from the Financial Times, filing a libel lawsuit against the publication, according to a report by the Guardian citing court documents. To read this article:

(CNBC) Stock futures were slightly lower ahead of the final trading session of 2024, following another booming year for Wall Street that hoisted the S&P 500 to its second consecutive annual gain exceeding 20%, spurred by enthusiasm for rate cuts, […]

(CNBC) The final distribution from a fund for victims of the late Ponzi scheme king Bernie Madoff began Monday. The disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more […]