hedge-funds

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Business
Intelligencer
1 day ago
Business

The Crypto World Has a New Villain

Crypto investments can be risky even when perceived as cautious.
Investors can unknowingly become involved in high-risk trading through seemingly safe platforms.
Washington Post
1 year ago
Business

Analysis | If You Think US Pensions Are Safe, Just Wait

You never know where the next crisis will arise but last week it came from a particularly unlikely place: defined-benefit pensions.
Washington Post
1 year ago
Business

Analysis | UK Pension Funds Shouldn't Be This Exciting

Pension funds are supposed to be among the least exciting financial institutions.Their job is to make long-term investments to meet the predictable needs of future retirees.
Washington Post
1 year ago
Business

Analysis | The Fed Has Learned Its Money-Market Lessons

Now that the US Federal Reserve has gone into full quantitative tightening mode, reversing an asset-buying program that had expanded its balance sheet to nearly $9 trillion, a worry is emerging: Could a disruptive cash crunch ensue, along the lines of what happened in money markets a few years ago?
Washington Post
1 year ago
Business

Analysis | Is This a Stock Picker's Market? It's Complicated

If you read financial news long enough, you're sure to come across that phrase "stock picker's market," although there's considerable difference of opinion about what that means.
Washington Post
1 year ago
Business

Analysis | When Crypto's Own Hedge Fund Geniuses Failed

Cryptocurrencies were supposed to teach traditional financiers a thing or two about how to avoid collapses and crises.Yet it feels like we're simply repeating history.
moreBusiness
Coindesk
3 days ago
Cryptocurrency

Goldman Seeing 'Resurgence of Interest' for Crypto Options From Hedge Fund Clients: Bloomberg

Approval of spot bitcoin ETF led to increased interest among Goldman's clients.
Goldman expanding offerings to asset managers, bank clients, and digital asset firms.
time.com
1 year ago
Cryptocurrency

Once-Hot Strategy of Holding Bitcoin Overnight Loses Luster

Those who watch crypto charts closely might be familiar with the fact that a hypothetical strategy of buying Bitcoin at the close and selling it at the next open has historically netted big returns.
Dealbreaker
1 week ago
Law

Layoffs Watch '24: Brevan Howard

Brevan Howard Asset Management is expanding its operations but facing financial losses.
The firm has cut about 10% of its traders due to underperformance in macro trading and systematic trading.
Nieman Lab
3 weeks ago
Media industry

Report for America is "phasing out" partnerships with hedge fund-owned publications

Report for America has placed over 600 reporters in a variety of newsrooms, including hedge-fund-owned ones.
Report for America is phasing out partnerships with hedge-fund-owned news organizations.
The Motley Fool
1 month ago
Artificial intelligence

Billionaire Investor David Tepper Has 46% of His Portfolio Invested in 5 Brilliant Artificial Intelligence (AI) Growth Stocks -- but Made Some Big Changes During the Quarter | The Motley Fool

David Tepper is a highly successful hedge fund manager with Appaloosa Management.
Appaloosa's portfolio heavily focuses on AI stocks, particularly Meta Platforms.
Cointelegraph Magazine
10 months ago
Artificial intelligence

Make 500% from ChatGPT stock tips? Bard leans left, $100M AI memecoin: AI Eye

It's been a hell of a couple of weeks for Melbourne digital artist Rhett Mankind, 46, who enlisted ChatGPT to create a $100 million market cap coin called Turbo, which has now inspired a Beeple artwork and saved a man's life.Mankind, who knows nothing about coding, gave ChatGPT a $69 budget and asked it to design a top 300 memecoin.
South Side Sox
9 months ago
Chicago White Sox

Know Your Enemy: Seattle Mariners

On this Bloomsday, it's time to marinate in Mariners hate, as the Sox slump into Seattle licking their wounds like Bloom on the beach.There is nothing Joycean about this season, no epic of the single day, even though each game seems to spread out into a stream-of-consciousness flow of frustration, lingering and unspooling unto loss after loss after loss.
www.independent.co.uk
9 months ago
Berlin

UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil

UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country's two largest banks in a bid to safeguard Switzerland's reputation as a global financial center and choke off market turmoil.
Chicago Tribune
9 months ago
Chicago

Editorial: The Supreme Court just fired a shot at how Illinois handles delinquent property taxes

The conservative wing objected to the dismissal of property rights.The liberals focused on egregious fines.But despite their different reasonings, the members of the U.S. Supreme Court unanimously found in favor of a woman who got nothing when the government seized her condo because of $2,300 worth of unpaid property taxes and pocketed all proceeds from the sale, far more than the woman owed.
ESPN.com
1 year ago
Chelsea

Sources: Qatari sheikh submits improved Utd bid

Sheikh Jassim bin Hamad Al-Thani has submitted an improved bid to buy Manchester United, sources have told ESPN.The Qatari banker was due to make his second offer ahead of Raine Group's 9 p.m. UK deadline on Wednesday before all bidders were given additional time.- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.) Sheikh Jassim's offer was submitted overnight on Friday UK time and will now be considered by Raine and current owners the Glazer family.
ESPN.com
1 year ago
Real Madrid

Sources: Man Utd bidders get deadline extension

Bidders for Manchester United have been given extra time to make their offers, sources have told ESPN.The Raine Group, the merchant bank handling the process for current owners the Glazer family, initially set a deadline of 9 p.m. UK time Wednesday for second bids.- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)
time.com
1 year ago
Business

Banking Giant UBS Is Acquiring Smaller Rival Credit Suisse

BERN, Switzerland Banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday night.Swiss president Alain Berset, who did not specify a value of the deal, called the announcement one of great breadth for the stability of international finance.
www.cbc.ca
1 year ago
Canada news

Credit Suisse shares soar after $54B central bank loan | CBC News

Credit Suisse's shares soared 30 per cent on Thursday after it announced it will move to shore up its finances by borrowing up to nearly $54 billion US from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe.It was a massive swing from a day earlier, when shares of Switzerland's second-largest commercial bank plunged 30 per cent on the SIX stock exchange after its biggest shareholder said it would not put more money into Credit Suisse.
www.independent.co.uk
1 year ago
France news

Credit Suisse to borrow $54 billion from Swiss central bank

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States.
www.cbc.ca
1 year ago
Canada news

Credit Suisse shares lose a quarter of their value as fears about banks grow | CBC News

Battered shares of Credit Suisse lost more than one-quarter of their value Wednesday, hitting a record low after its biggest shareholder the Saudi National Bank told news outlets that it would not inject more money into the Swiss bank beset by problems long before the failure of two U.S. lenders.The turmoil prompted an automatic pause in trading of Credit Suisse's shares on the Swiss market and sent shares of other European banks plunging by as much as double digits.
www.independent.co.uk
1 year ago
France news

Credit Suisse shares sink as key investor vows no more help

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Battered shares of Credit Suisse lost more than one-quarter of their value Wednesday, hitting a record low after its biggest shareholder the Saudi National Bank told outlets that it would not inject more money into the ailing Swiss bank.
Truthout
1 year ago
Left-wing politics

Rail Workers Demand "Immediate Action" From Lawmakers to Rein In Rail Industry

Workers say preventing future crashes like the one in East Palestine could be simple, if lawmakers choose to act.Balloons are placed next to a sign displaying information for residents to receive air-quality tests from Norfolk Southern Railway on February 16, 2023, in East Palestine, Ohio.Michael Swensen / Getty Images Railroad workers are warning that, if policymakers don't act soon to rein in the rail industry with better regulations and protections for workers, there will be far more crashes like this month's disaster in East Palestine, Ohio.
ESPN.com
1 year ago
Paris Saint-Germain

Sources: Man Utd meet suitors, expect higher bid

Manchester United are meeting with the two most high-profile bidders, consortiums led by Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe, on Thursday and Friday ahead of what are expected to be improved offers for control of the club, sources have told ESPN.Sources said that representatives of Qatari banker Sheikh Jassim are expected at Old Trafford and Carrington for presentations on Thursday.
www.theguardian.com
1 year ago
Wellness

Weight Watchers wins when our diets fail it won't change society's broken thinking around food | Susie Orbach

It's no surprise that shares in Weight Watchers International surged more than 70% earlier this month after its acquisition of Sequence, a US telehealth service linking patients with doctors who can prescribe semaglutide medications, which suppress appetite and are being used for weight loss.I'd argue that Weight Watchers is not so much in the weight-loss business.
HousingWire
1 year ago
Real estate

Is inflation or recession driving mortgage rates now?

On Tuesday, we got more confirmation that the Federal Reserve 's biggest fear - inflation blowing up to 1970s levels - isn't happening, according to the CPI data.Even with its most significant component, shelter inflation, keeping core CPI higher than it should be, it's been hard to accelerate the core data.
HousingWire
1 year ago
Real estate

Mr. Cooper strikes deal to acquire investment firm Roosevelt Management Company

Nonbank mortgage lender and servicer has signed a definitive agreement to acquire the investment management firm Roosevelt Management Company, LLC., the company confirmed on Friday.The deal also includes the operations for affiliated company Rushmore Loan Management Services, LLC."This acquisition will provide us with an asset management platform to raise third-party capital on an ongoing basis from institutional investors who seek exposure to MSRs and other mortgage assets," Chris Marshall, vice chairman and president of Mr. Cooper, told analysts during a call on Friday.
news.bitcoin.com
1 year ago
Cryptocurrency

Fed Governor Warns Crypto Prices Could Fall to Zero Says 'Don't Expect Taxpayers to Socialize Your Losses' Markets and Prices Bitcoin News

U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point.Please don't be surprised and don't expect taxpayers to socialize your losses when that happens, the Fed governor stressed.Crypto Prices Could Go to Zero, Fed Official Warns Federal Reserve Governor Christopher J. Waller warned about the danger of investing in cryptocurrency on Thursday at the Global Interdependence Center Conference on digital money, decentralized finance, and the puzzle of crypto.
news.bitcoin.com
1 year ago
Cryptocurrency

Peter Schiff Says Bitcoin Still Has a Long Way to Fall Values BTC at $10K Markets and Prices Bitcoin News

Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse of crypto exchange FTX.He also believes that $10K is the real price of bitcoin, warning that The lion's share of the selling has not even started yet.Schiff Predicts Bitcoin Still Has a Long Way to Fall' Gold bug and economist Peter Schiff has warned in a series of tweets about the price of bitcoin falling a long way from its current level.
news.bitcoin.com
1 year ago
Cryptocurrency

LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa Press release Bitcoin News

PRESS RELEASE.Internet City, Dubai, Nov. 11th, 2022  Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa.LBank Labs plans to establish a series of regional development funds, including regions such as Korea, South East Asia, and more.
Bitcoin
1 year ago
Cryptocurrency

PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End

Bitcoin's Price Estimate by Crypto Fund Managers
PWC, a Big Four accounting firm, published its "4th Annual Global Crypto Hedge Fund Report" last week.
Bitcoin
1 year ago
Cryptocurrency

JPMorgan Sees 'Significant Upside' to Bitcoin - Replaces Real Estate With Crypto as 'Preferred Alternative Asset'

JPMorgan's Bitcoin Price Target Is 28% Above Current Price
Global investment bank JPMorgan published a bullish note on bitcoin and cryptocurrency Wednesday.
The Independent
1 year ago
UK news

Sunak refers himself to ministerial watchdog in row over wife's tax status

Beleaguered Chancellor Rishi Sunak has referred himself to Boris Johnson's independent adviser on ministerial interests as he sought to fend off questions over his family's financial affairs.
Truthout
1 year ago
Left-wing politics

Commodity Speculators Reap Record-Shattering Profits Amid Global Hunger Crisis

The industry not only benefits from extreme market volatility - it's contributing to major price swings, experts say.A Yemeni baby, suffering from malnutrition, receives treatment with limited resources in the Department of Combating Malnutrition at Sabeen Hospital in Sanaa, Yemen, on March 1, 2023.
Washington Post
1 year ago
Business

Analysis | Opendoor and Carvana Feel the Free Money Hangover

Hungover.(Photographer: Bloomberg/Bloomberg)With the price of homes and used cars now plummeting as quickly as they soared, would-be digital disruptors like Opendoor Technologies Inc.  and Carvana Co. have been humbled.Investors had respectively tipped these platforms to become the "Amazon of homes" and the "Amazon of used cars" due to a shared ambition to improve an often lousy sales experience, and to buy and sell big-ticket items at scale.
Washington Post
1 year ago
Business

Analysis | Hedge Funds Play Chicken With a Smoking Giant

But they need to be prepared to play a long game to push PMI to its pain barrier.PMI has three main options in this game of chicken.But the initial assessment is being revised probably because Swedish Match investors want a bigger payday, so PMI may have to raise its 106 kronor-per-share bid.Hedge funds have become a big obstacle to Philip Morris International Inc.'s 161 billion Swedish krona ($14 billion) deal to buy nicotine pouch-maker Swedish Match AB.PMI would have to keep Swedish Match as a separate listed company and look after these minority shareholders, who could be disruptive.
Washington Post
1 year ago
Business

Analysis | The UK's Cryptic 40 Billion Bailout for Energy Traders

The new scheme is "a backstop source of additional liquidity to energy firms in otherwise sound financial health to meet extraordinary variation margin calls," the UK Treasury said.Who are those energy companies?key word in the new statement is "liquidity."The £40 billion ($43 billion) plan announced in the first days of Liz Truss's government to bolster energy traders remains a black box.The Energy Markets Financing Scheme isn't getting much attention because it's been overshadowed by the energy bailouts for households and businesses, which may end costing as much as £160 billion over the next two years.
Cointelegraph
1 year ago
Business

How does high-frequency trading work on decentralized exchanges?

Following the decentralized finance (DeFi) boom of 2020, decentralized exchanges (DEXs) solidified their place in the ecosystems of both cryptocurrency and finance.
Washington Post
1 year ago
Business

Student, 20, makes $110 million trading meme stock Bed Bath & Beyond

A 20-year-old college student went big on Bed Bath & Beyond at the right time, making close to $110 million off the meme-stock favorite after its share price quadrupled and before its buzziest stakeholder signaled plans to sell everything.
Business Insider
1 year ago
Remote teams

Companies want to know how many people are back in the office. They're using water coolers to find out.

Bevi, a Boston startup, makes high-tech water coolers that collect usage data.Some investors and hedge funds are using this data to track America's return to office trends, Bloomberg reported.The tracking places Bevi in the middle of a debate between remote workers and their employers.As companies adjust to a world of remote and hybrid work schedules, an unusual tool is emerging to help businesses keep track of their workers - the water cooler.
www.nytimes.com
1 year ago
New York City

Thomas H. Lee, a Pioneer in Leveraged Buyouts, Is Dead at 78

Before the era of swashbuckling corporate raiders rained riches and fear on Wall Street, there was Thomas H. Lee.A private equity titan earlier than practically anyone else, Mr. Lee, through his firm, Thomas H. Lee Partners, cemented Boston as a hub of financiers who took over companies, slashed costs and resold them quickly for profit.
www.nytimes.com
1 year ago
New York City

Greenwich Socialite Sentenced to One Year in Prison for Secret Videos of Minors

A Connecticut socialite whose criminal case continues to be sealed from the public was sentenced on Tuesday to one year in prison for secretly recording videos of three minors in intimate situations.Hadley Palmer, 54, of Greenwich, did not make any statement during her sentencing hearing, according to The Associated Press.
www.nytimes.com
1 year ago
World politics

Rishi Sunak is the youngest British prime minister of modern times.

Rishi Sunak became the youngest prime minister in modern British history on Tuesday at the age of 42.But the country is not unaccustomed to youthful leaders.Tony Blair, a Labour leader, and David Cameron, a Conservative, both became prime minister at 43  just slightly older than Mr. Sunak is now.Mr. Blair served as Britain's leader from 1997 to 2007, and Mr. Cameron served from 2010 to 2016.
www.independent.co.uk
1 year ago
France news

Credit Suisse to pay $234M to settle French tax fraud case

French prosecutors said Monday that Credit Suisse has agreed to pay 238 million euros ($234 million) to settle tax fraud allegations, the latest blow for the embattled Swiss bank.
the Guardian
1 year ago
UK politics

Tory leadership race: who will be the UK's next PM?

Members of Britain's Conservative party had until 5pm on Friday UK time to choose their next leader and therefore decide who will succeed the outgoing, ousted Boris Johnson as the next prime minister.
BBC News
1 year ago
London

Tory leadership: What is the position of the candidates in London?

Midway through the contest to select the next prime minister, what can we glean so far about who's winning the race in London, and what the candidates know and feel about the capital?
the Guardian
1 year ago
World news

Flash crash set off by 'fat-fingered' Citigroup trader could cost $50m

A "fat-finger error" by a London-based trader at Citigroup that triggered a flash crash across European stock markets could cost the bank at least $50m (£39.8m).
Washington Post
1 year ago
Business

Analysis | As Hedge Funds Stumble, Sorry Is the Hardest Word

Say what you like about hedge fund manager Bill Ackman but, after losing around $400 million from an ill-timed bet on Netflix Inc., he was quick to exit the position in April and own up to his mistake.
Washington Post
1 year ago
Business

Elon Musk ups cash portion of Twitter deal, shares jump

Tesla chief executive Elon Musk increased the amount of cash he is willing to commit to buying Twitter and said he was still looking for more outside investors to help him with the deal, according to a financial filing Wednesday.
Nytimes
1 year ago
Tech industry

Here are the investors putting $1 billion into Trump Media.

When former President Donald J. Trump's fledgling social media company and its merger partner announced in December that they had secured $1 billion in additional private funds for the deal, it set off speculation about the identities of the investors.
www.npr.org
1 year ago
Tech industry

GameStop's stock is on fire once again and here's why

GameStop's stock continues to baffle market experts.
KQED
1 year ago
California

Legislators In Stalemate Over Gas Rebate Plans | KQED

At more than $6 a gallon, California has the highest gasoline prices in the country.So what's Sacramento doing?
Social Media Explorer
1 year ago
Online marketing

Musk Reportedly Seeks More Financing For Twitter Acquisition - Social Media Explorer

According to Reuters, Elon Musk wants additional equity financing for the planned purchase of Twitter worth $44 Billion, Reuters reported Monday.
Bitcoin News
1 year ago
Cryptocurrency

Microstrategy CEO Dispels Rumor of Company Quietly Selling Bitcoin - Featured Bitcoin News

Microstrategy's CEO Points Out Any Bitcoin Sales Must Be Publicly Disclosed to SEC and Shareholders
Bitcoin News
1 year ago
Cryptocurrency

Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC - Featured Bitcoin News

Microstrategy Purchases More Bitcoin for Its Treasury
The Nasdaq-listed software company Microstrategy has acquired more bitcoin through its subsidiary, Macrostrategy.
Bitcoin News
2 years ago
Business

JPMorgan: Global Regulation Urgently Needed for Banks to Help Clients Invest in Crypto - Regulation Bitcoin News

Global Regulatory Framework Urgently Needed to Allow Banks to Offer Crypto Exposure to Clients, Says JPMorgan
Washington Post
2 years ago
Business

Analysis | Behind the Nickel Mess on the London Metal Exchange

Exchanges exist to be places where trades can happen.They sometimes halt trading or very occasionally cancel transactions when technology glitches or "fat fingers" cause one-off mistakes.
www.aljazeera.com
2 years ago
Europe news

What happens if Russia defaults on its debt?

Moscow must pay $117m in interest by Wednesday or risk defaulting on its debt.
the Guardian
2 years ago
Europe news

What happens if Russia can't pay its debts after western sanctions?

Russia is close to being unable to pay its debts amid sanctions imposed by the west after Vladimir Putin's invasion of Ukraine.
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