Goldman and Morgan Stanley had already finished unloading their positions when rivals announced they faced steep losses tied to a hedge fund implosion.
Kategorie-Archiv: CNBC Financial News
Three reasons March should act as a ’springboard‘ for stocks into April
CFRA’s Sam Stovall, who’s known for building forecasts based on historical trends, expects strong market gains over the next three months.
Stocks making the biggest moves in the premarket: Goldman Sachs, Credit Suisse, Nomura & more
The stocks making the biggest moves in premarket trading include Goldman Sachs, Credit Suisse, Nomura, and more.
Cathie Wood’s ARK Invest launches a space exploration ETF, to begin trading Tuesday
Ark Invest, Cathie Wood’s firm with multiple actively managed exchanged-traded funds, will debut its latest offering on Tuesday.
British used car dealer Cazoo is going public in the U.S. via $7 billion SPAC deal
Cazoo announced Monday that it will go public through a merger with billionaire investor Daniel Och’s special purpose acquisition company.
Banks warn of ’significant losses‘ as they exit positions with large U.S. hedge fund
Credit Suisse and Nomura warned of „significant“ hits to first-quarter results after they began exiting positions with a large U.S. hedge fund.
Tencent Music announces $1 billion share buyback program, its biggest ever
Tencent Music, which is listed on the New York Stock Exchange, lost about a third of its value last week amid a sell-off in Chinese technology stocks.
Here’s what happened in that wild trading in China internet stocks
The primary cause of the selling in Chinese internet stocks was that a fund, Archegos Capital Management, was forced out of its positions.
Top Wall Street analysts bet on these stocks for long-term growth
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like Alcon, Semtech, Upstart, and others.
An activist investor snaps up shares of eHealth and pushes for new directors
Starboard Value acquired its stake in eHealth in the last 60 days, but the firm has already nominated four directors to the insurance marketplace’s board.