Category Archives: Syndicated
Activist investor campaigns hit record level in 2024
(Hedgeweek) A record number of activist investors launched campaigns against global companies in 2024 reflecting growing momentum for shareholder activism and fuelling expectations of continued growth in 2025, according to a report by Reuters citing new research by Barclays. To […]
Short-seller Hindenburg targets online vehicle retailer Carvana
(Hedgeweek) Prominent short-seller Hindenburg Research has taken a short position against Carvana after accusing the online auto retailer of significant financial impropriety, alleging that the business model is unsustainable and its subprime loan portfolio poses major risks, according to a […]
Stock futures are little changed after a rocky start to 2025:
(CNBC) U.S. stock futures were little changed Thursday night after a volatile start to the new year. Dow Jones Industrial Average futures fell by 16 points, or 0.04%. S&P 500 futures and Nasdaq 100 futures dipped 0.04% and 0.03%, respectively. […]
Ken Griffin’s flagship hedge fund at Citadel climbs 15.1% in 2024
(CNBC) Billionaire investor Ken Griffin’s handful of hedge funds at Citadel all posted double-digit returns in 2024, led by its tactical trading strategy. Citadel’s multistrategy Wellington fund, its largest, finished the year up 15.1%, according to a person familiar with […]
Cryptocurrencies jump to start 2025, bitcoin rises back above $97,000
(CNBC) Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market. The price of bitcoin rose 3% to $97,234.80 Thursday, bringing its new year gain to nearly 4% when counting trading from the Jan. 1 session. […]
Tesla shares slide after it reports first drop in annual deliveries
(CNBC) Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries in 2023. It reported 484,507 deliveries in the fourth quarter of 2023. Tesla […]
Millennium posts 15% 2024 gain but lags S&P 500
(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 […]
Third Point agrees Birch Grove deal
(Hedgeweek) Third Point, the $12bn alternative investment firm founded by Daniel S Loeb, has agreed to acquire AS Birch Grove, an $8bn alternative credit fund manager, with the transaction expected to close during the first quarter of the year. To […]
2025 Stock futures rise slightly after S&P 500 notches back-to-back annual 20%-plus gains
(CNBC) Stock futures were slightly higher as trading got underway for 2025, with hopes that the market can regain the momentum that propelled it to log two-straight years of annual gains above 20%. Futures tied to the Dow Jones Industrial Average rose […]
Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom sets record
(CNBC) It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, The 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary […]
The boldest bitcoin predictions for 2025—see prices doubling to $200,000
(CNBC) In December, the world’s largest cryptocurrency broke the highly anticipated $100,000, setting a record high price above that. That came after Donald Trump — who ran on a prominently pro-crypto policy platform — secured a historic election win in November. To read this […]
Hedge funds help fuel MicroStrategy’s bitcoin buying spree
(Hedgeweek) Hedge funds are helping to drive MicroStrategy’s bitcoin acquisition strategy, with the company having announced another multimillion dollar purchase of the cryptocurrency, marking its eighth consecutive week of acquisitions, according to a report by Bloomberg. To read this article:
