Monthly Archives: May 2024

(Hedgeweek) Ai For Alpha, a fintech specialising in AI investment strategies, has launched its “CTA Flows Oracle” technology, which intends to leverage the firm’s hedge fund strategy replication tech to predict flows of managed futures funds across asset classes. To […]

(CNBC) U.S. stock futures ticked up Monday after the major averages ended the previous week in the green on a weaker-than-expected jobs report, which revived hopes of the Federal Reserve cutting interest rates soon.  Dow Jones Industrial Average futures rose 30 points, […]

(Hedgeweek) A regulatory crackdown in South Korea last year saw hedge funds Segantii Capital Management and Point72 Asset Management fined along with proprietary trading firm Jane Street Group and other investment firms, according to a report by Bloomberg. To read […]

(Hedgeweek) New York-based activist hedge fund TOMS Capital Investment Management has taken an undisclosed “significant” stake in Kellanova, a US multinational food manufacturing company formerly known as Kellogg Company with a market valuation of $21bn, according to a report by […]

(CNBC) An arch rivalry between one-time crypto titans was brought to a close at a federal courthouse in Seattle on Tuesday when Binance founder Changpeng Zhao was handed a sentence of four months in prison. A month earlier, on the […]

Hedgeweek) A regulatory crackdown in South Korea last year saw hedge funds Segantii Capital Management and Point72 Asset Management fined along with proprietary trading firm Jane Street Group and other investment firms, according to a report by Bloomberg. To read […]

(CNBC) “When you think about the potential for scamming people … if I was interested in investing in scamming, it’s going to be the growth industry of all time and it’s enabled, in a way” by AI, Buffett said at Berkshire […]

(CNBC) After a decade of flat power growth in the U.S., electricity demand is forecast to grow as much as 20% by 2030, according to a Wells Fargo analysis published in April. Power companies are moving to quickly secure energy […]

(CNBC) Stock futures rose Thursday night as investors prepared themselves for the upcoming April jobs report, due Friday morning. Futures tied to the Dow Jones Industrial Average gained 232 points, or 0.6%. S&P 500 futures rose nearly 0.3%, while Nasdaq 100 futures advanced about 0.6%. In […]

(CNBC) Coinbase, the primary marketplace in the U.S. for buying and selling digital tokens, reported net income of $1.18 billion, or $4.40 per share, compared to a year-ago loss of $78.9 million, or 34 cents a share. In February, the company […]

(CNBC) Sony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest in acquiring the company for about $26 billion, according to people familiar with the matter. To read this article:

(CNBC) A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for half its revenue. But investors didn’t seem to mind on Thursday, when Apple revealed the year-over-year drop in its fiscal […]