Monthly Archives: May 2024

(CNBC) For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names […]

(Hedgeweek) Jain Global, the much anticipated hedge fund set to be launched soon by former Millennium Management Co-Chief Investment Officer Bobby Jain is to commit a significant chunk of its investment funds to commodities – both derivatives and physical, according […]

(Hedgeweek)Jain Global, the much anticipated hedge fund set to be launched soon by former Millennium Management Co-Chief Investment Officer Bobby Jain is to commit a significant chunk of its investment funds to commodities – both derivatives and physical, according to […]

(CNBC) Stock futures are near flat Monday night after the technology-heavy Nasdaq Composite closed at an all-time high. Futures connected to the Nasdaq 100 slipped about 0.1%. Dow Jones Industrial Average futures lost just 19 points, while S&P 500 futures also sat near its flatline. In after-hours […]

(CNBC) Cryptocurrencies rose Tuesday amid a late surge in optimism around the U.S. Securities and Exchange Commission’s decisions on spot ether exchange-traded funds applications, the first of which is due this week. Ether led the rally, rising 9% to $3,680.98, according […]

(CNBC) Jamie Dimon’s days as CEO of JPMorgan Chase are numbered — though it is unclear by how much.“The timetable isn’t five years anymore,” Dimon said at the New York-based bank’s annual investor meeting. In a response to a question Monday about […]

(Hedgeweek) Elliott Investment Management, the $8bn activist hedge fund firm founded by Paul Singer, has built a stake worth over $1bn in Johnson Controls International, a specialist in HVAC control systems used by data centres, according to a report by […]

(CNBC) Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earnings report, filed Monday with the Securities and Exchange […]

(Hedgeweek) Hedge funds experienced their first negative month of the year in April, with a weighted average return of -0.7%, according to new data from Citco, but remain in positive territory for 2024 with a year-to-date weighted average return of […]

(CNBC) U.S. stock futures ticked higher on Sunday night, after the Dow Jones Industrial Average closed above the key 40,000 level for the first time ever on Friday. Futures tied to the 30-stock index rose by less than 0.1%. S&P 500 futures and Nasdaq 100 futures were […]

(CNBC) Boaz Weinstein, the hedge-fund investor on the winning side of JPMorgan Chase’s $6.2 billion, “London Whale” trading loss in 2011, is now taking on index fund giant BlackRock.  To read this article:

(Hedgeweek) As well as proving popular with retail investors, bitcoin ETFs have caught the attention of hedge fund majors including Millennium Management, Schonfeld Strategic Advisors and Point72 Asset Management, according to a report by Bloomberg. To read this article: