Tag Archives: Fund

Topline Google will contribute €25 million ($29 million) to the European Union’s newly established European Media and Information Fund to tackle misinformation and fake news, the company announced Wednesday, as big tech companies face criticism and mounting scrutiny for failing to curb the spread of misinformation online. Google will contribute €25 million ($29 million) to the European Union’s newly established European … [+] Media and Information Fund zz/John… Source link

Bloomberg Turkish Markets Slide as Agbal’s Exit Stokes Lira Turmoil (Bloomberg) — Turkey’s stocks, bonds and the lira tumbled as the shock dismissal of the central bank chief triggered concern the country is headed for a fresh bout of currency turbulence.In one of the sharpest selloffs in years, the Borsa Istanbul Index lost more than 9%, triggering circuit breakers that halted trading. The lira also weakened more than 9%, while yields on Turkish local and dollar bonds soared.Investors… Source link

Institutional investors no longer view the COVID-19 pandemic as the No. 1 tail risk, according to the latest Bank of America (BofA) survey of global fund managers, an important gauge of sentiment on Wall Street. Since COVID-19 became a global pandemic a year ago, the virus has dominated the rankings as the top tail risk by fund managers. For the first time since February 2020, COVID-19 is no longer in the top spot. These days, investors consider the biggest tail risks to be higher than… Source link

By Kane Wu HONG KONG (Reuters) – Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma’s Ant Group, is raising a new, China-focused fund targeting as much as $6 billion, three people with knowledge of the matter said. Its fifth and largest U.S. dollar-denominated fund is likely to close in the near term, said one of the people, who declined to be identified as the information is confidential. Boyu did not immediately respond to a… Source link

The Guardian ‘Please send more vaccines’: Covid crisis engulfs California’s farming heartland Fresno county, a region in the state’s central valley made up of 999,000 people, is recording 450 new coronavirus cases per day Medical workers at Community medical center in Fresno county care for a coronavirus patient in the intensive care unit. Photograph: Community Medical Center California officials have signaled optimism that the latest, most deadly wave of the pandemic is starting to… Source link

TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link

TipRanks 3 Monster Growth Stocks to Beat the Volatility Volatility is back on the menu. Last week brought January’s trading to a close in what amounted to the stock market’s worst month since October. The GameStop saga hogged the headlines as the retail buying frenzy for names with high short interest raised the possibility the market might be exhibiting bubble behavior. Add into the mix the slow rollout of Covid-19 vaccines and the fear of a delayed return to normalcy, and once again,… Source link

In this article, we reviewed Candlestick’s losses from short bets and examined the top 10 holdings to determine whether its stock portfolio has the potential to recover losses. Click to skip ahead and see Candlestick Capital’s Top 5 Stock Holdings. Candlestick Capital Management, founded by former Citadel portfolio manager Jack Woodruff, is among the hedge fund losers in a tug of war with Reddit’s day traders. The hedge fund, which started fiscal 2021 with almost $3 billion, fell at a low-… Source link

When the exponential 500% run up of GameStop’s stock this week reversed on Thursday to come crashing down after trading platforms like Robinhood blocked customers from buying shares, there was no shortage of outrage and theories as to what was behind the trading platform’s decision. One theory in particular, alleging the decision may have stemmed from outside pressure coming from hedge funds shorting GameStop’s stock, quickly gained attention from a surprising group, including Sen. Ted… Source link

Posted: Jan 28, 2021 / 10:04 AM CST / Updated: Jan 28, 2021 / 10:04 AM CST JACKSON, Miss. (WJTV) – On Thursday, Google announced 16 new schools are joining its Grow with Google HBCU Career Readiness Program, including Alcorn State University and Tougaloo College. Through a $1 million investment in the Thurgood Marshall College Fund (TMCF), the program provides digital skills workshops in HBCU career centers to help Black… Source link