Hedge Fund News From HedgeCo.Net

(Hedgeweek) Metalayer, a firm founded by veterans of Two Sigma Ventures – the VC arm of quantitative hedge fund firm Two Sigma, has filed with the Securities and Exchange Commission (SEC) to launch a $25m cryptocurrency investment fund, according to […]

(Hedgeweek) With demand for quantitative fixed income traders surging as banks, hedge funds, and market makers vye for recruits from a limited pool of talent, systematic fixed income specialists will be some of the most sought-after in finance, according to […]

(Hedgeweek) Whitney Tilson, a former hedge fund manager and philanthropist, has announced his candidacy for New York City mayor, joining a competitive Democratic field vying to replace Eric Adams in 2025, according to a report by Bloomberg. To read this […]

(CNBC) OpenAI is allowing employees to sell roughly $1.5 billion worth of shares in a new tender offer to SoftBank. The new financing will allow the Japanese tech conglomerate to get an even larger slice of the AI startup, and […]

(CNBC) Stock futures traded flat early Tuesday, after the Dow Jones Industrial Average closed at a new record. Futures tied to the Dow were up 4 points, or 0.01%. S&P 500 futures traded around the flatline, and Nasdaq 100 futures inched up 0.05%. To read this article:

(CNBC) Tron blockchain founder Justin Sun has invested $30 million into Donald Trump’s crypto project, World Liberty Financial, he announced Monday. “We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor,” Sun wrote in a post on X. Sun […]

(CNBC) Rumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. Shares rose nearly 4% in extended […]

(CNBC) Stock market futures rose and Treasury yields tumbled early Monday following the announcement late Friday that Trump would pick Scott Bessent, a familiar Wall Street figure, to take on his administration’s most important economic role. The move sent a message that […]

(CNBC) Trump’s choice of hedge fund executive Scott Bessent as Treasury secretary has calmed investors’ nerves about the future of the U.S. economy. Bessent, the founder of Key Square Group, is expected to back the incoming president’s economic goals including gradual tariffs […]

(CNBC) Zoom’s revenue grew about 4% year over year in the quarter, which ended on Oct. 31, according to a statement. Zoom has increased revenue in the single digits for two and a half years, a sharp departure from 2020 and […]

(CNBC) President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social. The post immediately followed one in which Trump said his first of […]

(CNBC) U.S. stock futures climbed Sunday night as Wall Street kicked off a shortened Thanksgiving trading week. Markets are closed on Thursday for Thanksgiving Day and end early on Friday. Dow Jones Industrial Average futures rose 211 points, or 0.5%. Futures […]