Wall Street climbs as hedge funds lift AI tech bets and oil prices slide... [more]Wall Street rose as hedge funds increased exposure to technology and AI-linked shares, according to Goldman Sachs. Oil prices also fell on hopes for progress in US-Iran talks, easing concerns over energy costs and inflation pressure.
Wall Street eyes cheap NASDAQ stocks and revenue growth leaders... [more]Wall Street screens highlighted two themes: cheap NASDAQ names with hedge fund support and companies showing strong revenue growth. JD.com and Kimberly-Clark were noted among value-oriented NASDAQ names, while Snowflake, Booking Holdings and Alnylam Pharmaceuticals appeared in revenue-growth screens
Hedge fund tech positions hover near record highs, Goldman Sachs says... [more]Technology stocks were a top pick for hedge funds last week, with speculators buying them at the fastest pace in nearly three months, according to Goldman Sachs. Hedge fund portfolios now hold their largest technology positions relative to the MSCI World Index in more than five years, while global i
10 richest MLB owners ranked by net worth and how they made their money... [more]Steve Cohen tops a ranking of the richest Major League Baseball owners with an estimated net worth of USD 23 billion. The New York Mets owner built his fortune as a hedge fund manager, formerly running S.A.C. Capital Advisors and later Point72 Asset Management.
Manager portrait: Jonathan Lourie, Cheyne Capital... [more]Jonathan Lourie is the founder, CEO and CIO of Cheyne Capital, the London-based alternative investment firm he co-founded in 2000 with Stuart Fiertz. Cheyne Capital focuses on investments across the corporate and real estate capital structure and reports USD 13.7 billion in assets under management a
Short sellers reap more than USD 2 billion profit betting against Paddy Power owner... [more]Hedge fund short sellers have made at least USD 2.3 billion this year betting against online gambling companies, according to S3 Partners data cited by the article. Flutter, DraftKings and Entain have come under pressure from the rapid rise of prediction markets in the US and steep tax increases in
Wall Street's new AI gurus charge $25,000 a day for one class... [more]Former SoftBank investors Felipe Sinisterra and Dave Wang are reportedly charging USD 25,000 a day to train Wall Street firms on using AI in finance. Their firm Wall Street Prompt works with major institutions as banks cut traditional roles and seek to improve analysis, forecasting and productivity
Kevin Warsh net worth 2026: A look at Trump's Fed pick... [more]Kevin Warsh's financial disclosures have drawn attention because his wealth could make him one of the richest Federal Reserve chairs in modern times. Reports have placed his assets well above USD 100 million, including large fund interests that he has moved to divest as part of ethics requirements.
And, finally: Gotta help out a friend... [more]From Newsoftheweird: Antone Gilonna, 25, of New York, was arrested for driving while intoxicated when he drove to a local police station to pick up a friend who had been arrested for ... wait for it ... driving while intoxicated.
Fox 8 Cleveland reported on May 20 that when Gilonna arrived at th
In an era of deepfakes, phantom fortunes, and narrative warfare, the challenge of distinguishing reality from illusion has never been more acute. For those stewarding generational wealth, the stakes are existential. This 11th edition of Horizons delves into the critical quest for clarity, offering a toolkit to navigate a world rife with deception and to build a foundation of verifiable trust.
Our journey begins with a chilling investigation into
Opalesque has been publishing Technical Research (chart analysis) since April 2006. Opalesque Technical Research offers technical chart analysis with a global perspective on all major markets, including Equity Indices, Fixed Income, Currencies, and Commodities.
Opalesque Technical Research is unique compared to most available research which is fundamental in nature, and not technically (chart) oriented. In addition, most current available research is mainly equity based, and not global in nature.