Labour urges investigation into ‘leak’ of mini-Budget after hedge funds shorted the Pound Calls come amid reports hedge fund bosses made ‘small fortunes’ by betting that Sterling would fall Evening Standard · Sep 26, 2022
Founder Of World's Largest Hedge Fund Rails Against Fed, Predicts 20% Stock Plummet The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%. Benzinga · Sep 15, 2022
3 Stocks You Shouldn't Go to Meme Extremes for in 2022 Meme stocks gained massive popularity last year after their short-squeeze-driven rallies despite possessing weak fundamentals. After a pause for a few months, the meme craze has recently returned, with several struggling stocks soaring to unsustainable prices. However, amid uncertain market conditions, it could be wise to avoid fundamentally weak meme… StockNews.com · Sep 15, 2022
War on Wall Street: Why billionaire Daniel Och is suing his former hedge fund for paying his own protégé too much The New York mogul left his own hedge fund after a massive African bribery scandal. Now he’s fueding with the man he once groomed as his successor, Io Dodds reports The Independent UK · Sep 14, 2022
Editorial: Peter Thiel’s warning to GOP is a wake-up call Peter Thiel, a GOP megadonor and technology billionaire, is a controversial figure within conservative circles. The early investor in Facebook and PayPal co-founder also was an instrumental donor to Trump-backed Senate candidates in Arizona and Ohio. Tribune News Service · Sep 14, 2022
Woodford fund investors could be in line for £306m in compensation FCA orders fund’s administrator, Link, to ringfence sum as part of conditions related to its takeover The Guardian - UK · Sep 12, 2022
Dubai court rejects Danish extradition request for financier An Emirati court has ruled that a British man suspected of masterminding a $1.7 billion tax scheme cannot be extradited to Denmark to face charges The Independent UK · Sep 12, 2022
Equity Outlook: Investors await August inflation data for fresh cues Despite sharp volatility in financial markets globally this week, the Indian stocks managed to close the weekly trade with some gains. Read more on Dynamite News: Dynamite News · Sep 11, 2022
Ken Griffin buys Miami compound for $106.9 million, a new record Hedge-fund billionaire Ken Griffin has shattered the Miami price record, shelling out $106.875 million for a waterfront estate. Los Angeles Times · Sep 9, 2022
Famous Nikola Rolling Down The Hill Video Will Be Part Of Trevor Milton Trial A video of a truck from Nikola Corp (NASDAQ: NKLA) became the talk of the financial world after a short report questioned if the truck was actually driving. Nikola later admitted the truck was rolling downhill. Benzinga · Sep 9, 2022
Kim Kardashian to launch private equity firm Company will invest in consumer and media businesses The Independent UK · Sep 7, 2022
Bed Bath & Beyond shares fall 15% at opening after death of CFO named in alleged fraud scheme The home goods firm has lost more than 70 per cent of its value so far this year The Independent UK · Sep 6, 2022
Bed Bath & Beyond CFO was implicated in insider trading and fraud scheme days before death, court docs show Gustavo Arnal fell to his death from his Tribeca home on Friday The Independent UK · Sep 5, 2022
In Dubai, $1.7B Denmark fraud suspect contests extradition The lawyer of a British man who was arrested in Dubai for allegedly masterminding a $1.7 billion tax scheme in Denmark has asked judges not to extradite him The Independent UK · Sep 5, 2022
StockNews.com · Sep 2, 2022 3 Stocks to Buy That Won’t Give You Any Headaches The stock market has witnessed significant volatility amid the record high inflation and the Fed’s hawkish stance on it. Investors have been banking on healthcare stocks as they tend to hold up relatively well in such turbulent times. We think investing in quality healthcare stocks Johnson & Johnson (JNJ), Pfizer…
Benzinga · Sep 2, 2022 Growth Is Back In Favor With Hedge Funds With Big Tech While Energy Is Out The widespread rotation from growth to value has been well-publicized over the last two years, but it seems the trend was short-lived. Analysis of the 13F filings from the largest hedge funds reveals a rotation from value back to growth. However, funds remain more tilted toward value than they have…
Benzinga · Aug 30, 2022 Bill Gates Invests Heavily In Buffett's Berkshire, And Also These 3 High-Yielding Stocks As many investors enjoy reviewing the 13F filings from hedge funds and activist investors, one portfolio that many investors love to discuss is that of the Bill & Melinda Gates Foundation.
Benzinga · Aug 30, 2022 As Warren Buffett Turns A Year Older, Here Are 5 Inspirational Quotes From 'The Oracle Of Omaha' Billionaire investor Warren Buffett turns 92 today. "The Oracle from Omaha," as he is popularly called, was born in this Nebraska city on Aug. 30, 1930.
StockNews.com · Aug 30, 2022 Sell These 3 Meme Stocks While You Still Can Meme stocks gained popularity last year, with several fundamentally weak stocks rising to unsustainable prices based on retail investors’ bets against short-selling hedge funds. Prominent meme stocks GameStop (GME), BlackBerry (BB), and Virgin Galactic (SPCE) have lost significantly from the highs they hit last year. Given the overall risk-off environment,…
Tribune News Service · Aug 29, 2022 Warren Buffett’s portfolio: Here are the stocks Berkshire Hathaway is buying or selling Warren Buffett is arguably the world’s most famous investor, and his investment moves are closely followed. Each quarter, the company he runs, Berkshire Hathaway, discloses its current holdings to shareholders.
Benzinga · Aug 26, 2022 EXCLUSIVE: Why Stephanie Link Says Jerome Powell Sounds More Hawkish — And She Expects Inflation To Move Higher At the Federal Reserve’s annual Jackson Hole Economic Symposium on Friday, Fed Chairman Jerome Powell said the central bank's plan to cut inflation to 2% will cause "some pain" for U.S. households.
Benzinga · Aug 26, 2022 $150B Hedge Fund Manager: Stocks May Fall 25% If Fed Keeps Raising Rates The Federal Reserve's objective is still to bring inflation back down to a target of 2%, Fed Chair Jerome Powell said Friday at the Jackson Hole Economic Symposium.
The Independent UK · Aug 26, 2022 US, China reach deal in dispute over Chinese company audits The U.S. and China have reached a preliminary agreement to allow U.S. regulators to inspect the audits of China-based companies whose stocks are traded on U.S. exchanges
The Independent UK · Aug 24, 2022 SEC questions Twitter on how it counts fake accounts U.S. securities regulators are questioning Twitter about how it calculates the number of fake accounts on its platform
Benzinga · Aug 23, 2022 Zoom Had Disappointing Quarter, Faces Transition Year: Here's Why Some Analysts Are Cutting Price Targets Video communications company Zoom Video Communications Inc (NASDAQ: ZM) reported earnings per share (EPS) that beat Street estimates and revenue which missed Street estimates on Monday. Analysts sized up the latest quarterly report and the company’s guidance.