Gabe Plotkin wasn’t sleeping. His bets against meme stocks such as GameStop Corp. GME 4.69% were backfiring, and losses at his $12.5 billion hedge fund were mounting. Strangers angry about his wagers ...
Tag: funds
BofA Sees ‘Zero Capitulation’ as Stock Funds Take In $17 Billion
(Bloomberg) — The brutal selloff this week isn’t scaring investors from putting their money in the stock market. Most Read from Bloomberg In the week that pushed the S&P 500 Index to the ver...
DeFi platform Qubit Finance begs hacker to return $80 million in stolen funds
The loss of funds has a profound effect on many people Hacker stole 206,809 binance coins It is worth more than $80M Losing $80 million worth of BNB tokens in a new hack, Qubit Finance joined the app...
Astar Network to raise $22 million, funds to go towards enhancing interoperability
Two-and-half-year-olds aren’t expected to do much in real life, but that isn’t the case in the crypto sector. In fact, a project under development for 2.5 years is now making headlines across the indu...
What to expect from markets in the next six weeks, before the Federal Reserve revamps its easy-money stance
Federal Reserve Chairman Jerome Powell fired a warning shot across Wall Street last week, telling investors the time has come for financial markets to stand on their own feet, while he works to tame i...
Fidelity Joins Invesco and Schwab in Adding China Warnings to Funds
(Bloomberg) — Fidelity Investments joined a growing list of money managers warning of potential losses tied to some of China’s largest companies, including Alibaba Group Holding Ltd. and JD.com ...
Crypto Relief Aid: Vitalik Buretin plans to accelerate relief efforts with $100m of $SHIBA funds
TL;DR Breakdown Crypto Relief announces to send $100m of SHIBA funds to Ethereum-founder Vitalik Buterin. Vitalik Buterin became a co-founder of Balvi to offer support for science and relief projects....
Ethereum Founder Vitalik Buterin Will Get Back $100M of Donated SHIB Funds
In brief Ethereum founder Vitalik Buterin will receive $100 million in USDC stablecoin, pulled from the $1 billion worth of SHIB he donated in May 2021. Buterin will use the funds for biotech and medi...
ETFs Gaining Ground On Traditional Funds: New Data
INDIA – 2021/10/16: In this Photo illustration a Bitcoin logo seen displayed on a smartphone with an … [+] ETF(exchange traded fund) logo in the background. (Photo Illustration by Avishek ...
Vitalik Buterin Announces His Plans for $100 Million of Shiba Inu Funds
Alex Dovbnya There’s a new development in the Vitalik-Shiba Inu saga Ethereum’s Vitalik Buterin received $100 million back from his massive Shiba Inu donation to the Crypto Relief fund. Cr...
$FUNDS Runs Token Sale on P2PB2B
$FUNDS is on a mission to decentralize the world’s biggest lotteries.The token sale session for $FUNDS is live now on the P2PB2B exchange. It will be followed by a listing on the P2PB2B exchange. $FU...
Jim Cramer literally drowns Cathie Wood’s ARK as flagship fund falters
Jim Cramer has never been shy to use buzzers and bells to make the occasionally esoteric world of finance more interesting. But the host of CNBC’s Mad Money got even the Twitterverse to take notice at...
Cash Pours Into Anti-ARK ETF as Cathie Wood Struggles
Text size Catherine Wood’s innovation-focused ETFs have been falling. PATRICK T. FALLON/ AFP / Getty Images As Cathie Wood’s innovation-focused exchange-traded funds have tumbled amid the latest...
Blackstone Profits Nearly Double as Total Assets Set Quarterly Record
Text size Signage outside the Blackstone headquarters in New York. Angus Mordant/Bloomberg Shares of Blackstone rose Thursday after total assets at the world’s biggest alternative asset manager rose t...
Opinion: Whenever the Dow and the S&P 500 fall below this key support level, stocks typically come roaring back
Breaking the 200-day moving average is not the kiss of death for U.S. stocks, which might explain why the Dow Jones Industrial Average DJIA, -0.76% on Jan. 24 recovered from a 1,000-point plunge and f...
3 Smart “Buy The Dip” Funds Yielding 8.7%
silhouette form of bear on financial stock market graph represent stock market crash or down trend … [+] investment getty This stock market selloff has gone way too far—and it’s pumped up the di...
Green shoots? Institutional crypto funds see first inflows in 5 weeks
After five weeks of constant outflows, institutional investment is finally trickling back into crypto funds with BTC the asset of choice and ETH falling out of favor. In its weekly Digital Asset Fund ...
IBM Earnings Are Strong as Turnaround Takes Hold
Text size IBM sales were up 6.5% in the fourth quarter, to $16.7 billion. Ethan Miller/Getty Images IBM posted strong results Monday for its fourth quarter, with its best sales growth in more than a d...
Investors Put $14M Into Crypto Funds Last Week as Bitcoin Market Cratered
As crypto traders suffered last week through the market’s worst stretch in months, investors in digital-asset funds appear to have bought the dip. Cryptocurrency funds brought in $14.4 million o...
Kohl’s Stock Surges as Retailer Feels Pressure From 2 Possible Suitors
Text size Justin Sullivan/Getty Images Kohl’s shares surged more than 28% in premarket trading Monday following reports the retailer could be fielding takeover offers from two suitors. The Wall Street...
Venture Capital Giant Andreessen Horowitz Plans To Raise $4,500,000,000 for Two New Crypto Funds: Report
Venture capital titan Andreessen Horowitz plans to start two new crypto funds worth a total of $4.5 billion to support its expansion in the digital asset space. As reported by the Financial Times, the...
These money and investing tips can shelter your portfolio from the stock market’s worst storms
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Can you name today’s biggest r...
Crypto Firm Rain Financial Gets More Than $100 Million in New Funds
Rain Financial in the Middle East – which operates the Rain cryptocurrency exchange licensed by the Central Bank of Bahrain – has garnered more than $110 million in series B funding as digital currenc...
How Many Funds Should I Own?
Shopping addiction getty “Since my husband’s death—now a year ago—I have been a bit at sea financially (as well as emotionally). When his estate is finally settled, I will need to make decisions about...
Opinion: The 60%-40% portfolio will deliver anemic returns over the next decade — here’s how to adapt
We have entered a new paradigm of anemic return expectations for traditional asset-allocation models. The prospects of a lost decade ahead are uncomfortably high for portfolios that are 60% invested i...