Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
DraftKings and Flutter Jump After Court Rules Prediction Markets Are Gambling, Not Federally Regulated Trading
Shares of DraftKings Inc. (NASDAQ: DKNG) and Flutter Entertainment plc (NYSE: FLUT) soared on August 28 after the Ninth Circuit Court of Appeals ruled that sports-related contracts at issue were not 'swaps' under federal commodities law, clearing…
Prediction markets are becoming more professionalized, but also harder to beat
Prediction markets are attracting more professional liquidity, which is expected to make pricing errors and arbitrage opportunities harder to exploit. That could squeeze traders whose strategies rely on market inefficiencies. Ordinary traders may…
Korn Ferry (KFY) Expands Global Standing With AMS Acquisition
On September 1, Korn Ferry (NYSE:KFY) completed its £850 million acquisition of UK-based AMS, from OMERS Private Equity. The deal combines two well-reputed brands, resulting in a highly well-rounded solutions provider and a leading business…
Trump's Crypto Push Opens Perpetuals Race to Singapore Exchange
Singapore Exchange Ltd. is preparing to offer its cryptocurrency perpetual futures to US institutions, making it the first major traditional exchange to bring one of crypto's favorite trades into the mainstream. The exchange filed with the…
Boston Scientific (BSX) Didn't Miss on Demand or Devices. A Cyberattack Just Broke Its Guidance.
Boston Scientific Corporation (NYSE: BSX) fell 2.3% in early trading on September 8, 2026, after disclosing that an August 25 cyberattack disrupted manufacturing and shipping. The company stated it is unlikely to meet its previously issued…
WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD) Short Interest Down 57.5% in August
WisdomTree Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD - Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 44,007 shares, a decline of…
Former Sydney banker Hash Patel's 'no losing months' trading pitch
A former prominent Sydney banker linked to the collapse of an $833 million hedge fund had previously pitched another foreign exchange trading strategy to investors that projected annual returns of 30 per cent with minimal downside risk. A former…
The 10-year Treasury is closing in on 5%. How it gets there matters more
The 10-year Treasury yield is closing in on 5%, a level last touched in October 2023. A growth-driven rise could be manageable, while inflation, fiscal concerns or market stress pose greater risks. Strategists say 5% itself may not break markets…
Amgen (AMGN) Fell 5% on a Drug That Isn't Even Its Own. Here's the Lp(a) Bet Now in Question.
Amgen Inc. (NASDAQ: AMGN) shed roughly $12 billion in market value after hours on September 4, 2026. The stock declined by about 5% to $415. The reason, as strange as it sounds, is a drug it does not own. Novartis announced that pelacarsen, an…
NVIDIA's Older GPUs Still Earn Rent. What That Does and Doesn't Prove for CoreWeave
NVIDIA Corporation (NASDAQ: NVDA) has an argument against rapid hardware obsolescence: older accelerators still command rental prices. For CoreWeave, Inc. (NASDAQ: CRWV), which sells access to computing infrastructure, the harder question is how…
Super mega-funds tell rock-star stock pickers to lift their game
Australia's stock pickers have been told they must adapt or die as superannuation funds allocate more money to cheaper index-tracking quantitative and passive funds, and threaten their rock-star standing in Australia's $3.3 trillion public equity…
Custom Truck One Source: Recent Share Price Weakness Presents An Opportunity To Buy (CTOS)
Custom Truck One Source (CTOS) remains a BUY, supported by strong fundamentals and robust power grid buildout driven by AI and infrastructure demand. CTOS delivered a beat-and-raise 2Q26, with revenue up 10.2% and adjusted EBITDA up 25%…
TechCrunch Mobility: Lyft has entered the robotaxi chat
Welcome back to TechCrunch Mobility, your hub for the future of transportation, and now, more than ever, the role AI is playing in it. To get this in your inbox, sign up here for free — just click TechCrunch Mobility ! Lyft reached a new…
FastPasses, Mega Honey Deuces and $55 chopped cheese: welcome to the US Open in 2041 | Bryan Armen Graham
The year is 2041 and you've successfully made it through security and onto the grounds of the USTA Liquid Death National Tennis Center. Myla Rose and Leo Federer are hitting on Practice Court 23 ahead of their first-round match in the US Open Mixed…
Mohawk Industries, Inc. $MHK Shares Sold by Amundi
Amundi trimmed its stake in Mohawk Industries, Inc. (NYSE:MHK - Free Report) by 49.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 63,833 shares of the company's stock after selling 63,608 shares…
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