The hedge fund industry attracted its largest inflows in seven years during the first quarter as investors sought downside protection amidst a volatility spike.
Schlagwort-Archiv: CNBC
How European asset manager Tikehau with $40 billion is weathering uncertainty in the region
Mathieu Chabran sat down with Leslie Picker to discuss the role of alternatives in the region along with his shifting perspective on tech.
Invesco launches ETF focused on metals required for electric vehicles, energy transition
The electric vehicle trade is attracting interest from Wall Street. Invesco’s new ETF will give exposure to the metals critical for the energy transition.
Bitcoin adopted as legal tender by African country — the second to do so after El Salvador
Bitcoin will now be considered legal tender in the Central African Republic.
Stocks making the biggest moves premarket: Meta, Teladoc, Pinterest, Qualcomm and more
These are the stocks posting the largest moves in Thursday premarket trading.
Huawei’s first quarter revenue tumbles by nearly 14% as smartphone sales plunge
Chinese telecommunications giant Huawei said first quarter revenue fell by nearly 14% from a year ago, while its profit margin more than halved.
Barclays beats expectations but suspends buybacks after U.S. trading blunder
Barclays said last month that it had sold $15.2 billion more in U.S. investment products — known as „structured notes“ — than it was permitted to.
Nasdaq rises about 1% as market attempts comeback from April sell-off, Meta shares soar
Stocks rose in early trading Thursday as the market tried to recover some ground lost during this month’s sell-off after a strong earnings report from Meta Platforms.
Merck sold $3.2 billion of its Covid oral antiviral treatment, driving first-quarter revenue growth
Merck soundly beat Wall Street estimates for its top and bottom lines, reporting earnings of $2.14 per share on $15.9 billion in revenue.
Twitter reports user bump, revenue miss for Q1, days after accepting Musk’s takeover bid
Twitter just reported earnings for the first quarter of 2022, in what could be one of its last public reports after its board agreed to sell to Elon Musk.