Monthly Archives: September 2022
Stock futures are little changed after Wednesday’s rebound rally
(CNBC) Stock futures were flat early morning Thursday as Wall Street looked to build on its best day in nearly a month. Futures for the Dow Jones Industrial Average added 10 points, or less than 0.1%. Futures for the S&P […]
GameStop reports wider loss, announces partnership with crypto exchange FTX
(CNBC) GameStop said Wednesday that quarterly sales declined and losses widened, as it burned through cash and inventory swelled. The video game retailer also disclosed a new partnership with crypto exchange FTX. To read this article:
Perceptive Advisors Charged for Failing to Disclose SPAC-Related Conflicts of Interest
(HedgeCo.Net) The Securities and Exchange Commission has charged New York-based investment adviser Perceptive Advisors LLC with failing to disclose conflicts of interest regarding its personnel’s ownership of sponsors of special purpose acquisition companies (SPACs) into which Perceptive advised its clients […]
Stock futures are flat after another day of losses amid a surge in Treasury yields
(CNBC) Stock futures were little changed Tuesday evening after the major averages added to weeks of losses amid a jump in bond yields. Futures tied to the Dow Jones Industrial Average were lower by points. S&P 500 futures edged […]
U.S. Treasury yields rise sharply following strong economic data
(CNBC) U.S. Treasury yields surged higher on Tuesday as investors responded to strong U.S. economic data by betting on further rate hikes from the Federal Reserve. The yield on the benchmark 10-year Treasury note hit a daily high of 3.353%, […]
Tech stocks lured hedge funds in August
(Reuters) Hedge funds got back in to stocks in the technology, media and telecom (TMT) sector in August, in the most active buying since February 2021, according to a Goldman Sachs prime services report. Long buys in the so-called TMT […]
Hedge fund boss Tropin predicts tough times ahead for stock-pickers
(Hedgeweek) Hedge fund Graham Capital Management founder Kenneth Tropin is predicting tough times ahead for those looking to make money by tracking big stock indexes, according to a report by Reuters. To read this article:
SoftBank to cut at least 20% of Vision Fund staff
(Reuters) SoftBank Group Corp (9984.T) plans to cut at least 20% of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after Chief Executive Masayoshi Son pledged to cut costs after a record $50 billion loss at the […]
Advisory Firm and Executives Charged with Elaborate Scheme to Defraud Clients out of More Than $75 Million
(HedgeCo.Net) The Securities and Exchange Commission today charged two North Carolina-based executives, Gregory E. Lindberg and Christopher Herwig, and their Malta-based registered investment adviser, Standard Advisory Services Limited, for defrauding clients out of more than $75 million through undisclosed transactions […]
Stock futures rise after major averages post third straight week of losses
(CNBC) Stock futures rose in overnight trading Monday after the major averages capped their third straight week of losses. Futures tied to the Dow Jones Industrial Average gained 158 points, or 0.5%. Nasdaq 100 futures rose 0.53% and S&P 500 […]
Hedge funds pile in on Berkshire Hathaway
(Hedgeweek) Hedge funds including Renaissance Technologies, DE Shaw, and Bridgewater bought stock in Berkshire Hathaway worth more than $900 million in the second quarter of the year, according to a report by The Financial Times. To read this article:
Hedge funds up bearish bets on US Treasuries
(Hedgeweek) Hedge funds are continuing to up their bearish bets on higher US bond yields and signs are emerging that the size and pace of this collective wager is reaching extreme levels according to a report by Reuters. To read […]
