Japanese investors turned defensive in early November, offloading ¥581.1 billion ($3.85B) in foreign equities — their largest weekly sale since early October, according to Japan’s Ministry of Finance. The shift reflects growing caution following hawkish remarks from U.S. Federal Reserve officials and stretched global equity valuations after recent rallies. Dallas Fed President Lorie Logan said...
Citadel’s Wellington fund posted a 1.8% gain in October, bringing year-to-date performance to 6.8%, according to a source familiar with the results. Other Citadel funds also outperformed key market benchmarks: The firm, founded by Ken Griffin, continues to post steady returns across strategies, outperforming the S&P 500’s 2.2% October gain. 🔹 Broader Industry Momentum Citadel’s...
Charles Schwab has announced a $660 million acquisition of Forge Global, valuing the private shares platform at $45 per share — a 72% premium over its last close. Forge’s stock surged 67% following the news. This marks a major step for Schwab as it moves to democratize access to private markets, where investors increasingly seek...
ITV is in early-stage talks to sell its television broadcasting arm to Comcast-owned Sky for £1.6 billion ($2.15 billion) — a potential shake-up that could redefine the UK’s media ecosystem. If successful, the merger of Britain’s largest commercial broadcaster with its leading pay-TV platform would control over 70% of the UK television advertising market, creating...
A new report by AIMA and PwC reveals a defining shift in institutional investing:➡️ 55% of hedge funds globally now hold crypto-related assets — up from 47% a year ago.➡️ On average, funds allocate 7% of their portfolios to crypto, though more than half invest under 2%. 🔹 A Turning Point for Regulation and Confidence...
DoorDash’s stock fell 14.2% after announcing plans to invest hundreds of millions more into its 2026 growth strategy, unsettling investors already concerned about rising costs. The San Francisco-based delivery giant missed Q3 profit estimates, with total expenses jumping 23% to $3.19B — even as revenue and order volume topped expectations. 🔹 Balancing Growth and Cost...