The long-touted joint venture between Société Générale’s and AllianceBernstein’s stock businesses appears to be going ahead, according to news out on Tuesday. The world of professional stock investing hasn’t been a happy place in recent years. The rise and rise of … Continue reading Société Générale’s and AllianceBernstein’s joint venture
Stocks might be down this year, but $140-billion hedge fund Bridgewater thinks the bottom’s still to come. The world’s biggest hedge fund has compared today’s conditions to those of past inflation-driven bear markets, and it fears things have to get … Continue reading Bridgewater’s Still Waiting For The Stock Market Bottom
The giant UK insurer Legal & General (L&G) reared its head on Friday to reveal the damage it took during September’s pension fund storm: a measly $12 million, a LDI (Liability Driven Investment) pension fallout, as it turns out. Legal & General … Continue reading Legal & General expects £12m impact from LDI pension fallout
Syla Technologies is a prop-tech company centered on ‘Rimawari-kun’, the largest real estate crowdfunding service in Japan. Real estate is the second largest asset class after bonds and stocks, but its full potential has not been realized due to market inefficiencies … Continue reading Japanese Asset Management platform Syla Technologies files for $17M US IPO
Malaysian biotech CytoMed Therapeutics (GDTC) has filed for a proposed $15M initial public offering. CytoMed is a biotech company spun off from Agency for Science, Technology and Research (A*STAR), Singapore’s lead R&D agency in public sector and focus on translating … Continue reading Malaysian biotech CytoMed Therapeutics files for $10M US IPO
Over the last few years, insiders as a group have been huge sellers of technology stocks. The need to diversify their holdings combined with stock prices that had been bid up to levels unhinged from reality contributed to these large … Continue reading Datadog: The Technology New Star With Recent Insider Buying
Data showed that China’s economy was a burden on Alibaba’s core business, but the Chinese ecommerce giant’s happy enough. China’s economic woes have been taking a toll on Alibaba: while the firm inched sales up by 3% last quarter from … Continue reading Alibaba got squeezed in China’s economic crunch, but it wasn’t all toil and trouble
What did Goldman find? It broke down a series of risk factors, but before we dive deep into those, let’s take a look at where we are now in terms of delinquency rates. They aren’t trending upward: in the US, … Continue reading Goldman Sachs Believes Housing Will Live To Fight Another Day
Exxon and Chevron are the latest big energy firms to report piled-up profit this year. Exxon, for starters, boasted its strongest quarter in its 152-year history. The oil and gas behemoth’s earnings nearly tripled from the same time last year to hit … Continue reading Exxon And Chevron Are Making Big Tech Look Like Old News
SoftBank’s Vision Fund, which oversees the world’s biggest tech-focused investment funds, admitted nearly $10 billion in investment losses last quarter, after being burned by tear-inducing stock dips from the likes of DoorDash, Chinese AI firm SenseTime, and Indonesian e-commerce company … Continue reading SoftBank Vision Fund, Hard Times
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