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The Latest Breaking News on Hedge Funds

SEC questions Twitter on how it counts fake accounts

U.S. securities regulators are questioning Twitter about how it calculates the number of fake accounts on its platform

The Independent UK

Zoom Had Disappointing Quarter, Faces Transition Year: Here's Why Some Analysts Are Cutting Price Targets

Video communications company Zoom Video Communications Inc (NASDAQ: ZM) reported earnings per share (EPS) that beat Street estimates and revenue which missed Street estimates on Monday. Analysts sized up the latest quarterly report and the company’s guidance.

Benzinga

Julian Robertson, Billionaire Hedge Fund Manager And Mentor, Has Died At 90

Influential billionaire investor Julian Robertson, who founded Tiger Management and mentored generations of hedge fund managers known as "Tiger Cubs," has died. He was 90.

Benzinga

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Buying Russian Stocks In The U.S. Is Still Impossible — Here's Why

The Russian economy has been hit hard by global sanctions after the country’s hostile actions began in Ukraine. Among the many casualties of these sanctions is the Moscow Stock Exchange, which suffered a drop of almost 40% since the invasion.

Benzinga

Here's A Dividend Stock Both Warren Buffett And George Soros Agree On

After tirelessly analyzing Warren Buffett, George Soros and Steven Cohen’s 13F SEC filings for the second quarter of 2022, we've gained a better understanding of the investment strategies they've adopted and the construction of their hedge funds portfolios.

Benzinga

Bill Ackman May Have Dumped Netflix, But Here Are 3 Dividend Stocks Pershing Square Is Still Holding

As the second quarter of the year passes, Pershing Square Capital has remained quiet for the most part, and has not added any new positions. However, the hedge fund did manage to completely sell its stake in Netflix Inc (NASDAQ: NFLX) of 3,109,965 shares over the second quarter of 2022.

Benzinga

Why Should Cannabis Investors Pay Attention To Germany? These Stocks Will Benefit From Imminent Legalization

With US federal legalization stalled and its near-term outcome uncertain, cannabis stocks are taking a hit. Cantor Fitzgerald's analyst Pablo Zuanic advised investors to turn their interest to Germany, or at least for now.

Benzinga

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Business economists give soft landing the side-eye

Private-sector economists are skeptical the Fed can end inflation without causing a recession, survey shows.

Axios

Warren Buffett Purchased More Shares Of Paramount, Activision Blizzard and Ally Financial: How These 3 Dividend Stocks Can Provide Value

Warren Buffett is one of the most successful well-known value investors in the world, seeking investments in companies with strong fundamentals and future growth potential.

Benzinga

Allen Weisselberg: Who is the man who could bring down Donald Trump?

Former president’s long-time financial chief pleads guilty following years-long tax probe

The Independent UK

Student, 20, makes $110m trading Bed Bath & Beyond stocks after social media craze

Math major Jake Freeman had bought nearly five million shares in July

The Independent UK

Former Hedge Fund Manager Calls Out Ryan Cohen's Bed Bath & Beyond Trade, Complains To SEC: 'What A Total Disgrace'

Former hedge fund manager Whitney Tilson is sounding the alarm on popular meme stock Bed Bath & Beyond Inc (NASDAQ: BBBY) and calling out Ryan Cohen’s investment in the company. Here’s what Tilson has to say.

Benzinga

Allen Weisselberg: Who is the man who could bring down Donald Trump?

Former president’s long-time financial chief pleads guilty following years-long tax probe

The Independent UK

Inside a conservative group's new war against BlackRock's ESG investments

The campaign aligns with the posture of a growing faction of the GOP.

Axios

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The Independent UK

Exiled Putin critic who sold DC home to Ivanka Trump dies mysteriously in US

Dan Rapoport’s widow has denied reports that he died by suicide

Benzinga

S&P 500, Nasdaq Futures Slip Amid Retail Earnings, Oil's Retreat — Walmart Jumps On Q2 Report

The U.S. index futures point to tentativeness going into Tuesday's session following the recent strong gains.

Reuters

Hamburg prosecutors see no evidence to suspect Scholz in tax fraud scandal

German prosecutors in Hamburg said on Tuesday they have so far seen no reason to investigate Chancellor Olaf Scholz whom lawyers have accused of aiding and abetting tax evasion in connection with one of Germany's biggest fraud investigations.

Tribune News Service

Trump Organization CFO Allen Weisselberg expected to plead guilty to felony charges

NEW YORK — The Trump Organization’s longtime financial sentry Allen Weisselberg is expected to plead guilty to criminal tax fraud charges later this week, two sources told the Daily News Monday.

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Salon

Mary Trump says look to Kushner as leak

"You have to look seriously at Jared Kushner," Mary Trump said during an appearance on MSNBC

The Independent UK

AP News Digest 3:30 a.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

StockNews.com

These 2 Meme Stocks Make Great Long-Term Picks

Meme stocks gained immense popularity last year thanks to retail traders’ bets on them to compel hedge funds to cover their short positions and benefit from the resultant short squeeze rally. While the meme-stock frenzy faded earlier this year, many meme stocks are back in the limelight. We think investing…

Daily Mirror

Failed Tory leadership hopefuls raked in £135,000 in donations for doomed campaigns

Donors to their unsuccessful campaigns included hedge funders, Tory bigwigs and a firm run by a prominent climate sceptic

Benzinga

Donald Trump And 5 Other Business Bosses Who Invoked Their Fifth Amendment Rights

A day after the Federal Bureau of Investigation raided his residence in Mar-a-Lago, FL, Former President Donald Trump invoked his Fifth Amendment rights during a scheduled deposition by New York Attorney General lawyers on Wednesday.

Benzinga

Jim Cramer Sides With The Apes, Says AMC Entertainment Stock Is A 'Terrible Short': 5 Other Short Squeeze Candidates On His Radar

Jim Cramer doesn't hold anything back when he engages with retail investors on Twitter. He has often been critical of some of the most popular stocks among the retail crowd, but he seemed to side with the "apes" this time around.

Benzinga

Chances Of Another 0.75% Interest Rate Hike Plummet Following Soft CPI Inflation Reading

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control. Investors wondering if the Fed will pull the trigger on a third 0.75% hike at its next meeting in September got some key inflation data on Wednesday…

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