Monthly Archives: May 2024

(Hedgeweek) Stuart Currey, APAC Head of Systematic Trading at Citadel Securities, has become the latest senior figure from the market-making firm to join multi-strategy hedge fund major Millennium, according to a report by eFinancial Careers. To read this article:

(CNBC) U.S. stock futures fell Wednesday night as shares of Salesforce slid on a quarterly revenue miss and soft guidance. Futures tied to the Dow Jones Industrial Average dropped 276 points, or 0.7%. S&P 500 futures slid about 0.4%, and Nasdaq-100 futures fell 0.5%. In extended […]

(CNBC) Former OpenAI board member Helen Toner, who helped oust CEO Sam Altman in November, broke her silence when she spoke on a podcast released Tuesday about events inside the company leading up to Altman’s firing. One example she gave: When OpenAI […]

(CNBC) Salesforce called for adjusted earnings per share in the current quarter of $2.34 to $2.36 on $9.2 billion to $9.25 billion in revenue. Analysts surveyed by LSEG had expected $2.40 in adjusted earnings per share on $9.37 billion in […]

(CNBC) Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending program are finally going to start getting their money back. The company, which is owned by tech billionaire twins Cameron and Tyler Winklevoss, announced Wednesday that it […]

(CNBC) Activist investor Nelson Peltz has sold his entire stake in Disney. Peltz sold all of his Disney stock at roughly $120 a share, making about $1 billion on the position. The stock currently trades for about $100 per share. To […]

(CNBC) American Airlines will slash its capacity growth in the second half of the year and consider a host of other changes to a sales strategy that backfired, CEO Robert Isom said Wednesday. The comments come a day after the carrier cut […]

(CNBC) Stock futures were little changed Tuesday night after the Nasdaq Composite rose to a fresh record. Futures tied to the Dow Jones Industrial Average inched lower by 54 points, or 0.1%. S&P 500 futures ticked down 0.07%, while Nasdaq […]

(CNBC) The International Monetary Fund on Wednesday raised its forecast for China’s growth this year to 5%, from 4.6% previously, due to “strong” first quarter figures and recent policy measures. The upgrade followed an IMF visit to China for a regular assessment. […]

(CNBC) Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in prison, followed by three years of supervised release. Salame has also been ordered to pay more than $6 […]

(CNBC) Hess Corporation shareholders on Tuesday approved the New York-headquartered oil company’s pending acquisition by Chevron for $53 billion, even as the timeline for when the deal may close has become increasingly murky with the companies locked in a dispute with Exxon Mobil. To […]

(CNBC) HubSpot shares rallied 8% on Tuesday after CNBC reported that Alphabet is looking at an all-stock offer for the software company. Reports of a potential deal first surfaced in early April, when Reuters published a story saying Alphabet was talking to advisors about […]