Hedge Fund News From HedgeCo.Net

(CNBC) The price of bitcoin leapt back above $100,000 to start the first full trading week of the new year. The flagship cryptocurrency was last higher by 4% at $102,250.00, according to Coin Metrics. The broader crypto market, as measured […]

(CNBC) Nvidia revealed new chips for desktop and laptop PCs on Monday that use the same Blackwell architecture underpinning the company’s fastest AI processors for servers and data centers. The chips, called GeForce RTX 50-series, will come pre-installed in computers ranging […]

(CNBC) Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced Monday. Disney will become majority owner of the resulting company — the publicly traded Fubo company — with a 70% ownership stake. […]

(CNBC) The fund will combine options exposure on the Cboe Bitcoin U.S. ETF Index with Treasury holdings and is designed to be held for 12 months. The exact upside cap will be determined Jan. 22, based on options pricing. It […]

Hedgeweek) Global hedge funds specialising in long-short stock trading achieved their highest average returns since 2020 last year, according to a report by Reuters citing a note sent to clients by Goldman Sachs attributing the gains to steady performance amidst […]

(CNBC) U.S. equity futures were little changed Monday morning as investors looked forward to jobs data in another shortened trading week. Futures tied to the Dow Jones Industrial Average edged lower by 29 points, or 0.07%. S&P 500 futures added 0.02%, and Nasdaq 100 […]

(CNBC) Amit Yoran, who ushered cybersecurity company Tenable into the public market as chief executive, died on Friday. He was 54. Yoran’s passing was confirmed by Tenable. While the company said his death was unexpected, Yoran went on medical leave early last […]

(CNBC) Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank’s job on taming inflation is not yet done, but also signaled they do not want to risk damaging the labor market as they try to finish […]

(Hedgeweek) Multi-strategy hedge funds delivered impressive performance in 2024, with many, including Millennium Management, Citadel, and DE Shaw, achieving double-digit gains, making it a standout year for the industry, according to a report by Bloomberg. To read this article:

(Hedgeweek) New York-based hedge fund major DE Shaw is planning to return billions of dollars to external clients after its flagship hedge funds delivered exceptional double-digit gains in 2024, according to a report by Bloomberg. To read this article:

(Hedgeweek) Millennium Management, the multi-strategy hedge fund major led by Izzy Englander, recorded a 2.5% gain in December, bringing its total returns for 2024 to 15%, but short of the S&P 500’s 23% gain for the year, according to a […]

(Hedgeweek) Multi-strategy hedge fund major Citadel recently offered its investors the option to cash out profits following a 15.1% gain in its flagship Wellington fund in 2024, but most opted to leave their capital invested in the fund, according to […]