Hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR.
Kategorie-Archiv: CNBC Financial News
David Einhorn to speak as the priciest market in decades gets even pricier postelection
Einhorn’s hedge fund returned just 9% in 2024 through the end of the third quarter, compared with the S&P 500′s more than 20% gain.
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts‘ expectations, while revenue missed slightly.
Rocket Lab stock pops 25% after company reports strong revenue growth, first Neutron deal
Rocket Lab jumped in post-market trading after the company reported third-quarter results.
Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company’s profit forecast more than its third-quarter results.
Home Depot is on the verge of an earnings rebound after quarterly beat and raise
Same-store sales were better than feared, lifted by this summer’s hurricanes in the U.S.
China’s Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.
China’s biggest shopping event of the year exceeds low expectations
The Singles‘ Day shopping festival saw consumers spend more than expected in what’s otherwise been a tepid retail environment, consulting executives said.
Home Depot’s sales are improving, but it says consumers are still cautious about spending
Home Depot is mired in a sales slump as homeowners put off major projects.
SoftBank posts blowout quarterly gains at Vision Fund tech arm
The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.