Monthly Archives: February 2024

(CNBC) After rising earlier in the day, shares of Nvidia closed up less than 1% Friday at $788.17 per share. Nvidia posted $22.10 billion in revenue for its fiscal fourth quarter, a 265% increase from a year ago and above […]

(CNBC) Altman, who is now reportedly keen to raise trillions for chip development that could help meet Microsoft-backed OpenAI’s artificial intelligence computing demand, has invested in dozens of startups over the years. That includes Asana, which hit the New York […]

(Hedgeweek) Anthony Scaramucci, the Wall Street legend and former White House Communications Director, is to headline the highly anticipated Hedgeweek US Digital Assets Summit in New York on Thursday 14 March.  To read this article:

(CNBC) Profits last year at multi-strategy hedge fund major Citadel were boosted by a bumper 12 months for the firm’s commodities trading business, which generated more than $4bn in 2023, according to a report by Bloomberg. To read this article:

(CNBC) Stock futures were little changed Friday, after the S&P 500 and the Nasdaq Composite posted their best day since early 2023. Futures tied to the Dow Jones Industrial Average ticked up 54 points, or 0.1%. S&P 500 futures inched […]

(Hedgeweek) Rokos Capital Management, the macro hedge fund major founded by Chris Rokos, stands to make a profit of more than $1bn after a bet on US interest rates paid off following a sell-off in US bonds, according to a […]

(Hedgeweek) Hedge funds turned net sellers of US stocks last week, selling more shares than they bought as the major US stock indexes turned negative following five straight weeks of gains, according to a report by Reuters. To read this […]

(CNBC) The U.S. tech giant reported revenue of $22.10 billion for its fiscal fourth quarter, a rise of 265% year on year, while net income surged by 769%, as the company continues to see a boost from excitement over artificial […]

(CNBC) Much like Intuitive Machines’ spacecraft, its stock has been flying to the moon the past week. In a little over a month since hitting all-time lows, and as its IM-1 mission made its way to the lunar surface, shares […]

(CNBC) S&P 500 futures rose in overnight trading Wednesday, boosted by a jump in Nvidia shares as the chip giant posted record revenue and issued upbeat guidance. S&P 500 futures climbed 0.7% and Nasdaq 100 futures gained more than 1%. […]

(Hedgeweek) Concerns over potential extremes in the market prompted hedge funds to reduce their exposure to the so-called Magnificent Seven megacap tech stocks in the final quarter of last year, according to a report by Bloomberg. To read this article:

(Hedgeweek) Izzy Englander, the founder of multi-strategy hedge fund major Millennium Management, has pipped Ken Griffin, boss of rival firm Citadel, to top spot in a list of the hedge fund industry’s top earners for 2023, according to a report […]