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The Latest Breaking News on Hedge Funds

Small Investors Should Beware of These Increasingly Popular ETFs

Now you can buy leveraged ETFs for single stocks, including Nvidia, PayPal, Nike and Pfizer. They are risky.

The Street

U.S. probes firm linked with Abramovich over hedge fund investments - NYT

U.S. federal authorities are investigating investment advisory firm Concord Management, which oversaw hedge fund investments worth billions of dollars for Russian billionaire Roman Abramovich, the New York Times reported on Tuesday.

Reuters

Meme-stock frenzy returns, baffling Wall Street’s ‘smart guys’

Retail traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve as rallies for meme stocks like Bed Bath & Beyond Inc. and AMC Entertainment Holdings Inc. show shades of last year’s mania.

Tribune News Service

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PayPal Analysts Increase Price Targets Following Earnings Report, Elliott Management's $2B Investment

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.

Benzinga

Bill Ackman Goes After Visa, Pornhub

A federal Judge in California is allowing a lawsuit against Visa to proceed, and a prominent CEO and hedge fund manager has now weighed in on the matter. The suit, titled Serena Fleites v. MindGeek et al., (which can be read here) alleges that Visa helped the privately owned Canadian…

The Street

Why George Soros is the GOP’s villain in the sale of a Spanish-language radio station

Following the announcement that a left-leaning group of investors is buying Radio Mambí, the longtime talk-radio station of choice for Miami’s exile community, conservative media and Republican politicians seem to agree: George Soros is trying to take over Cuban radio.

Miami Herald

What Did Warren Buffett See in Occidental That Carl Icahn Missed?

Buffett's Berkshire Hathaway acquired more shares of Occidental and owns a 16% stake.

The Street

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Billionaire Ray Dalio Warns Of Stagflation, Calls Fed 'Naïve And Inconsistent' For Raising Interest Rates

Billionaire hedge fund manager Ray Dalio recently offered his take on whether rising interest rates could help improve the economy.

Benzinga

The Fed Can't Make the Economy Better Says Ray Dalio

Hedge fund founder Ray Dalio says the Federal Reserve is powerless to deal with current economic problems.

The Street

Why Carl Icahn is Afraid of Recession 'or Even Worse'

He is dubious that the Fed will be able to create a soft landing for the economy, erasing inflation without erasing growth.

The Street

Carl Icahn documentary digs into life of billionaire, but don’t expect an exposé

In a new film, the man who informed Oliver Stone’s Gordon Gekko makes for a compelling central figure

The Guardian - US

Billionaire Ray Dalio Is Keeping His Bitcoin

The founder of the world's largest hedge fund, Bridgewater Associates, says a "tiny percentage" of his portfolio is still in cryptocurrency.

The Street

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