Category Archives: Syndicated
Brevan Howard and Galaxy Digital capitalise on crypto boom
(CNBC) Crypto-focused hedge funds have outperformed the broader hedge fund industry’s 10% growth, achieving strong returns of 46% in November and 76% YTD, with Brevan Howard Asset Management and Galaxy Digital among the biggest winners, according to a report by the Financial Times citing […]
Macro is the ‘must-have’ hedge fund strategy for 2025
(Hedgeweek) With the political and economic shifts under US President-elect Donald Trump expected to dominate the global financial landscape in 2025 and beyond, macro hedge fund strategies have emerged as the preferred choice for many investors, according to a report […]
Hedge funds shift focus to power producers amid AI boom
(Hedgeweek) Hedge funds including Coatue Management and Lone Pine capital, known for their tech-centric investments, are turning their attention to utility and power companies because of their critical role in generative AI operations, according to a report by the Wall […]
What Google’s quantum computing breakthrough Willow means for the future of bitcoin and other cryptos
(CNBC) Google’s recent announcement of the arrival of Willow, a quantum chip that has reduced the error tendencies of some of its predecessors, is a milestone in the effort to bring quantum computing into the real world, and in the […]
Bitcoin trades around $97,000, recovers from earlier losses
(CNBC) Bitcoin hovered around the $97,000 mark on Friday, recovering from earlier losses amid broader investors caution toward risk assets. Bitcoin dipped below the $93,000 mark last week before trading above that price in volatile trade. The cryptocurrency hit an […]
Murdoch’s News Corp to sell Foxtel to Britain’s DAZN for $2.1 billion
(CNBC) News Corp and telco Telstra have agreed to sell their Australian cable TV and streaming company Foxtel to British sports platform DAZN, valuing the struggling business at A$3.4 billion ($2.1 billion), including debt. As part of the deal, shareholder loans […]
Stock futures fall as traders await the Fed’s preferred inflation reading:
(CNBC) U.S. stock futures fell on Friday morning as traders anticipated the latest reading of the Federal Reserve’s favorite inflation gauge. Futures tied to the Dow Jones Industrial Average lost 88 points, or about 0.2%. S&P 500 futures also dropped […]
Trump-backed bill to avert government shutdown fails; dozens of Republicans vote No
(CNBC) A House Republican bill to fund the government for three months and suspend the debt ceiling for two years failed Thursday night, as dozens of rank-and-file Republicans voted against the deal endorsed by President-elect Donald Trump. Without a deal […]
Tesla shares sink 8%, giving up some gains from post-election pop
(CNBC) Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp rally in the stock. Tesla closed at $440.13, and is still up 75% since Election […]
Micron shares plunge on weak second-quarter guidance
(CNBC) Micron shares plunged 13% in extended trading on Wednesday after the chipmaker issued weak second-quarter guidance despite an earnings beat for the latest period. For the second quarter, Micron expects revenue of $7.9 billion, plus or minus $200 million, […]
Hedge funds up 2.4% in November
(Hedgeweek) Hedge fund performance rallied by 2.4% in November 2024, following a down month in October, according to the latest Monthly Hedge Fund Update from Citco, achieving an overall weighted average return of 13.3% in 2024 to date. To read […]
Nickel Digital sees surge in interest as bitcoin hits record highs
(Hedgeweek) Bitcoin’s recent surge to over $107,000 and its 150% year-to-date gain are driving a significant rise in enquiries from new investors, according to digital assets hedge fund firm Nickel Digital Asset Management. To read this article:
