Hedge funds ramp up market bets as volatility brings the asset class back into favor

Traders work on the floor of the New York Stock Exchange on September 21, 2022 in…

Lauren Taylor Wolfe says it’s just too risky for investors to ignore ESG amid recent pushback

(Click here to subscribe to the Delivering Alpha newsletter.) According to Deloitte, global ESG assets under professional management…

Palantir CEO Alex Karp says tidal wave of macroeconomic risks will wipe out some companies

Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny…

Watch Jamie Dimon and other bank CEOs get grilled by Congress in second day of hearings

[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you…

The Fed forecasts hiking rates as high as 4.6% before ending inflation fight

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of…

Watch JPMorgan Chase CEO Jamie Dimon and six other bank leaders get grilled by Congress

[The stream is slated to start at 10:00 a.m. ET. Please refresh the page if you…

Bitcoin drops 5% to its lowest level in 3 months as risk assets continue to get crushed

Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior…

Cathie Wood’s contrarian deflation call gets endorsements from Elon Musk, Jeffrey Gundlach

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during…

Ares Management CEO Michael Arougheti breaks down where to find yield in a world of uncertainty

(Click here to subscribe to the Delivering Alpha newsletter.) Inflation, a hawkish Fed, fears of a recession have…

Wall Street slump leads to 50% plunge in JPMorgan advisory revenue

Daniel Pinto, JPMorgan’s chief executive of corporate and investment bank. Simon Dawson | Bloomberg | Getty…

Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month

People enter the Goldman Sachs headquarters building in New York, U.S., on Monday, June 14, 2021.…

Goldman’s (GS) Apple Card business has a surprising subprime problem

The weakest American borrowers are starting to miss payments and default on their loans, and that…

JPMorgan (JPM) fintech deal to acquire Renovite to battle Stripe and Block

The main entrance at JPMorgan’s headquarters in New York City. Erik McGregor | LightRocket | Getty…

Bitcoin drops below $20,000 to lowest level since mid-July as investors dump risk assets

Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when…

Warren Buffett gets permission to buy up to half of Occidental Petroleum, boosting the shares

Warren Buffett at press conference during the Berkshire Hathaway Shareholders Meeting, April 30, 2022. CNBC Warren…

This $3.8 billion hedge fund is shaking up the industry with its pay-for-performance model

(Click here to subscribe to the Delivering Alpha newsletter.) When Peter Kraus founded Aperture Investors, he deviated from…

Hedge funds are sitting on a record level of bearish bets on the stock market

Traders work on the floor of the New York Stock Exchange (NYSE), August 17, 2022. Brendan…

Bed Bath & Beyond soars 70% as meme traders bet on Ryan Cohen

A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe…

‘Forget the past three years’

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC…

National average for a gallon of gas drops below $4

A customer pumps gas at an Exxon gas station on July 29, 2022 in Houston, Texas.…

Apple Card growth, vendors blamed for mishaps in Goldman card business

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday,…

Berkshire Hathaway BRK earnings Q2 2022

An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during…

Here’s where the jobs are for July 2022 — in one chart

Zoom In IconArrows pointing outwards Bureau of Labor Statistics The U.S. economy added many more jobs…

A ‘shakeout’ among mortgage lenders is coming

A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3,…

Goldman Sachs says regulators are investigating credit-card practices

Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets”…

Job cuts, smaller bonuses loom for Wall Street bankers

People walk by the New York Stock Exchange on May 12, 2022 in New York City.…

Paul Britton, CEO of $9.5 billion derivatives firm, says the market hasn’t seen the worst of it

(Click here to subscribe to the Delivering Alpha newsletter.) The market has seen tremendous price swings this year…

SPAC market hits a wall as issuance dries up and valuation bubble bursts

Traders on the floor of the NYSE, August 1, 2022. Source: NYSE The SPAC boom is…

The $300 billion meme stock that makes GameStop look like child’s play

The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets…

Bill Ackman blasts Visa, saying it has the power to pressure Pornhub to remove child pornography

Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge…