Investment strategy
Hedge fund winners and losers emerge in brutal tech-driven sell-off
The stock market is going through a period of uncertainty and volatility, but some sectors could benefit from that. Timothy A. Clary | AFP | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) A wide divergence of performance has formed in the hedge fund industry amid the stock rout on Wall Street this year. […]
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What this week’s Terra stablecoin fiasco means for crypto and what investors can learn from it
But UST’s move isn’t the first depegging in stablecoins and it probably won’t be the last. Here’s what you need to know about this week’s Terra fiasco. Source
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Franklin Templeton CEO Jenny Johnson says active management pays off during extreme volatility
(Click here to subscribe to the Delivering Alpha newsletter.) With $1.5 trillion in assets, Franklin Templeton is among America’s top 10 asset managers, and growing. Over the last few years, the firm has acquired asset manager Legg Mason, custom index provider O’Shaughnessy Asset Management, and secondary private equity investor Lexington Partners, among others. President and CEO Jenny […]
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Cramer says Disney is a buy, rips Wall Street sellers for misreading guidance
The Club thinks Disney is a buy, as shares trade in the red following its second-quarter earnings release the prior evening. Source
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Gasoline, diesel prices rise to another record amid rampant inflation
A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It’s claimed that gasoline prices vary by region. Yasin Ozturk | Anadolu Agency | Getty Images Retail diesel and gasoline prices climbed to another record high Thursday, […]
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Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off
Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street. Source
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop after Wall Street extends its multiday losing streak Traders on the floor of the NYSE, May 11, 2022. Source: NYSE U.S. stock futures dropped Thursday as the broad sell-off and revaluation of risk assets […]
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Goldman ‘deal guy’ behind Apple, GM cards leaves for fintech start-up iCreditWorks
iCreditWorks CEO Scott Young, former chief commercial officer of Goldman Sachs Marcus. Courtesy: Goldman Sachs A Goldman Sachs executive known for securing some of the industry’s biggest credit-card deals in recent years has left to join early stage start-up iCreditWorks, CNBC has learned. Scott Young, who was chief commercial officer of Goldman’s Marcus consumer business, […]
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SoftBank Vision Fund posts record $27 billion loss as tech stocks plummet
SoftBank Founder Masayoshi Son said there is “confusion in the world” and in the markets due to a number of factors including Russia’s invasion of Ukraine, high inflation and central bank moves to raise interest rates. These factors have contributed to a record annual loss at SoftBank’s Vision Fund. Kentaro Takahashi | Bloomberg | Getty […]
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UK economy ‘only going to get worse’ as growth slowdown begins
The U.K. economy shrank by 0.1% in March and the situation is expected to worsen as the country’s cost-of-living crisis escalates. Tim Ireland | Xinhua News Agency | Getty Images LONDON — A growth slowdown is underway in the U.K. after the economy shrank by 0.1% in March, with economists expecting further contractions this year. […]
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