Tag Archives: Fund

In this article, we discuss the 10 biggest hedge fund casualties of Reddit WallStreetBets’ short squeezes. If you want to skip our detailed analysis of these hedge funds, go directly to the 5 Biggest Hedge Fund Casualties of Reddit WallStreetBets’ Short Squeezes. Hedge funds have suffered billions in losses this year in a fierce stock market showdown with retail investors on internet platforms like Reddit and Twitter over the past six months. These battles have usually centered around stocks… Source link

Bloomberg Cathie Wood Inspires Boom in New Funds That Upend ETF Order (Bloomberg) — Not so long ago, actively managed ETFs were rare. Now they’re being created at twice the rate of their passive rivals.Inspired by the success of Cathie Wood’s ARK Innovation ETF (ticker ARKK), exchange-traded fund issuers have this year launched 115 active products versus just 51 passive funds, according to data compiled by Bloomberg.That’s the first time active launches have ever outstripped passive,… Source link

(Bloomberg) — Gold will surge to fresh highs in the next year, but investors seeking currency alternatives as global debt balloons should look to Bitcoin, according to a $7.5 billion hedge fund. Both are likely to rally even as the Federal Reserve moves to taper asset purchases, said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. The two are frequently compared by investors, with former Treasury Secretary Lawrence Summers saying cryptocurrencies… Source link

– Courtesy of Google Europe Yesterday, Google for Startups announced the 30 tech businesses receiving grants from its $2million (approximately £1.5million) Black Founders Fund for Black-led tech startups across Europe. With less than 0.25% of venture capital (VC) funding going to Black-led startups in the U.K., and only 38 Black founders receiving venture capital funding in the last 10 years, Google for Startups is helping to level the playing field by helping Black founders… Source link

Google has selected 30 startups to receive a share of its $2M Black Founders Fund in Europe, providing these companies with a spot of cash, some valuable cloud services, and a bit of good old-fashioned networking among the Google crew. The fund was announced last fall as part of a company-wide effort towards “building a more equitable future for everyone,” alongside grants and new sponsorships. Over 800 companies applied and Google interviewed 100 of them, ultimately winnowing that… Source link

Microsoft Corporation (NYSE: MSFT) was formed in 1975 by Bill Gates and Paul Allen, as they rushed to create an operating system for the Altair 8800 microcomputer. The Altair 8800 was arguably the first microcomputer that kicked off the computer revolution, and with it came Altair Basic, a licensed version of Microsoft Basic. Microsoft Basic was the company’s first licensed commercial product, as it licensed various versions to Apple Computers (NASDAQ: AAPL), Commodore, and IBM (NYSE: Source link

Microsoft Corporation (NYSE: MSFT) was formed in 1975 by Bill Gates and Paul Allen, as they rushed to create an operating system for the Altair 8800 microcomputer. The Altair 8800 was arguably the first microcomputer that kicked off the computer revolution, and with it came Altair Basic, a licensed version of Microsoft Basic. Microsoft Basic was the company’s first licensed commercial product, as it licensed various versions to Apple Computers (NASDAQ: AAPL), Commodore, and IBM (NYSE: Source link

Inflation fears already roiled the market this week with the Nasdaq falling nearly 2%, but one hedge fund founder is sounding the alarm over a potential 20% collapse that could be sparked by the Federal Reserve signaling an end to accommodative pandemic-era monetary policy later this year. Satori Fund founder Dan Niles recently told Yahoo Finance that this week’s hotter-than-anticipated inflation data coupled with other central banks around the world already coming off their easy money… Source link

TipRanks Raymond James: These 3 Stocks Have Over 100% Upside on the Horizon We’re now in the heart of earnings season, and investors are paying close attention as companies report their financial results from the first quarter of 2021. It’s a routine, in some ways, but in others, there has never been an earnings season quite like this. It’s the first one post-pandemic, but perhaps more importantly, the results are coming out during a time of nearly unprecedented government stimulus… Source link

Google will contribute €25 million ($29.3 million) to the newly set up European Media and Information Fund to combat fake news, the company said on Wednesday. The contribution comes amid criticism that the technology giant isn’t doing enough to debunk online disinformation, which surged during the COVID-19 pandemic and during the U.S. election last year. Opinion: Congress is fed up with Big Tech. Now what? The chief executives of Google, Facebook FB, … Source link