Hedge-Fund Legends Lose Billions to Reddit Traders Running Amok
Follow Bloomberg on Telegram for all the investment news and analysis you need. For once, Main Street is beating Wall Street. In a matter of weeks, two hedge-fund legends — … Read More
Tag: wall
Traders are buzzing about a mysterious market whale that's placing massive bets on stocks skyrocketing post-election
Traders are buzzing about a market whale making enormous bets this week on a post-election stock surge. A single investor appears to have spent more than $300 million this week … Read More
Google is making a change to its earnings report next quarter that shows just how important cloud computing has become to its business
Google CEO Sundar Pichai announced Thursday that starting next quarter, the company will break out Google Cloud as a separate reporting segment in its earnings reports. Google will include data … Read More
Wall Street Fund Managers Love These 5 Large Cap Health Care Stocks
To say that hedge fund and mutual fund managers tend to follow the herd is an incredible understatement and always has been. While publicly they sometimes seem reticent to discuss … Read More
Meet 2019's Rising Stars of Wall Street from firms like Goldman Sachs, Blackstone, and Apollo shaking up investing, trading, and dealmaking
Meet the 2019 class of Wall Street's rising stars. From starting a hedge fund before age 30 to running their own alternative-data shops and helping lead $27 billion investments, this … Read More
Warren Buffett confuses Wall Street as he buys gold, sells Goldman Sachs
Warren Buffett has given up his long-held conviction against buying gold — and he’s meanwhile getting out of Goldman Sachs. The totemic tycoon revealed in filings late last week that … Read More
Asian Markets Mostly Higher
Asian stock markets are mostly higher on Tuesday following the positive cues overnight from Wall Street. Optimism about the reopening of economies around the world helped offset worries about rising … Read More