Hedge Fund News From HedgeCo.Net

(Hedgeweek) While stock markets have surged this year in an historic rally, Man Group’s AHL Trend Alternative Fund, a prominent trend-following strategy at the world’s largest publicly listed hedge fund, is seeing some of the worst returns in it’s history, […]

(CNBC) Futures tied to the Nasdaq 100 slid Wednesday night as investors parsed the all-important earnings release from artificial intelligence darling Nvidia. Nasdaq 100 futures slipped 0.5%, while S&P 500 futures lost nearly 0.4%. Dow Jones Industrial Average futures lost 49 points, or 0.1%. To read […]

(CNBC) Bitcoin breached the $95,000 level for the first time Wednesday evening as investors continued pricing in a second Donald Trump presidency. The price of the flagship cryptocurrency was last higher by more than 3% at $97,646.68, according to Coin Metrics. […]

(CNBC) Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge […]

Nvidia reported third-quarter earnings that beat expectations for sales and earnings while delivering a better-than-expected forecast for the current quarter. The results show that Nvidia is continuing to grow quickly while demand for its powerful artificial intelligence chips remains high. To read this […]

(CNBC) The Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with […]

(CNBC) Gautam Adani, chair of India’s Adani Group and one of the world’s richest people, was indicted with seven other men in New York federal court on charges related to a massive bribery and fraud scheme, authorities said Wednesday. Adani and several […]

*CNBC) Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining […]

(CNBC) Stock futures ticked higher on Wednesday morning, as investors looked toward a key earnings report from tech giant Nvidia. Futures tied to the Dow Jones Industrial Average ticked up by 67 points, or about 0.15%. S&P 500 futures advanced 0.12%, while Nasdaq 100 futures inched […]

(Hedgeweek) Billionaire hedge fund manager Ken Griffin has voiced apprehensions about Donald Trump’s approach to tariffs, labelling them a “slippery slope” with potentially harmful long-term consequences for US businesses, according to a report by Bloomberg. To read this article:

(CNBC) Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year by 2029. Of that amount, roughly $4 billion will come from PC chips, Qualcomm said at its investor day on […]

(CNBC) Options on BlackRock’s popular iShares Bitcoin Trust ETF (IBIT) began trading on the Nasdaq Tuesday, ushering in a new way to trade and speculate on the price of bitcoin. IBIT traded 73,000 options contracts in the first 60 mins of trading […]