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.
Rocket Lab (NASDAQ: RKLB) Draws Hedge Fund Interest As Analysts Raise Price Targets, Upgrade Rating
Rocket Lab Corporation (NASDAQ: RKLB) has attracted stakes from 45 hedge funds, placing it among the top space stocks gaining traction on Reddit and social media platforms. On May 8, TD Cowen raised its price target on Rocket Lab Corporation…
Nebius Group (NASDAQ: NBIS) Surges As AI-Focused Hedge Fund Discloses 5.5% Passive Stake
Nebius Group (NASDAQ: NBIS) moved sharply higher after AI-focused hedge fund Situational Awareness LP disclosed a passive 5.5% stake in the company. The stock jumped nearly 10% in premarket trading, continuing what has already been a substantial…
Hedge Fund Discloses $2.6 Billion Stake In Nebius Group (NASDAQ: NBIS), Sending Stock Price Surging
Nebius Group (NASDAQ: NBIS) jumped nearly 7% on Thursday morning after Situational Awareness LP disclosed a passive 5.6% stake in the cloud provider. Situational Awareness LP is an artificial intelligence-focused hedge fund run by former OpenAI…
Inside the Prediction Markets: DraftKings Bets on the CFTC Model
A Google employee was charged with using confidential company data to earn $1.2 million on Polymarket. The gambling industry says states have already lost more than $1 billion in tax revenue as event contracts continue to gain market share.
Outsiders Think This Industry is 'Disappearing,' But It's Actually Growing Faster Than Ever: 'People Are Craving Connection
Independent bookstores are growing fast, not fading, according to new data. American Booksellers Association memberships rose by more than 500 locations in the past year to reach 3,417 stores. That total is nearly triple what it was a decade ago…
Intercontinental Exchange Inc. (ICE) Stock Forecasts
Intercontinental Exchange is a network of regulated exchanges and clearing houses for financial and commodity markets, fixed-income pricing, and analytics. It also has a growing mortgage technology unit. The company has a multi-asset-class…
Billionaire Dan Loeb says AI isn't a bubble: 'We're barely scratching the surface
Dan Loeb says the AI boom is a far cry from the dot-com bubble. The billionaire investor told the 'Invest Like The Best' podcast that he's unfazed by Big Tech companies spending hundreds of billions of dollars on microchips and data centers to…
Bank of England's Bailey says no rush to raise interest rates amid Iran war uncertainty
The Bank of England is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and the UK's growth rate stays weak, the governor, Andrew Bailey, said. In a signal that borrowing costs will remain at 3.75% at least…
This summer's interns are walking into a very different Wall Street
Between the time spent squeezing into downtown restaurants and sweating through New York City in business casual, Wall Street interns have long been expected to grind through the grunt work. This summer's class is walking into something different.
Dan Loeb says the only way to 'get good' at AI is to start using it now
Dan Loeb, the founder of New York-based hedge fund Third Point, says he underestimated how quickly AI would disrupt some businesses. Speaking on Thursday's episode of the ' Invest Like The Best ' podcast, Loeb said while Third Point had made…
Supreme Court Justice Alito's Son Works For Trump's Treasury Department
Supreme Court Justice Samuel Alito's son works at the Treasury Department as an attorney, NOTUS reported Thursday, raising new ethical concerns as the justice is asked to weigh in on the Trump administration's policies—though Treasury…
Building Fairer Cities: New Insights From Mohenjo-daro
Today's cities are hotbeds of inequality. Urban real estate is one of the most expensive kinds of land in the world. It attracts billionaires looking to store their wealth and hedge funds looking to garner predictable returns: New York's avenues…
Why Did Nebius Stock Rocket Higher Today?
Speculative juices continue to flow as Nebius Group (NBIS +8.53%) stock continues to soar. Shares of the cloud infrastructure provider have been riding the artificial intelligence (AI) wave, with the stock rocketing about 470% higher over the last…
RBC Global Asset Management Inc. announces May 2026 cash distributions for ETF Series of RBC Funds
TORONTO, May 29, 2026 /CNW/ - RBC Global Asset Management Inc. ('RBC GAM Inc.') today announced May 2026 cash distributions for unitholders of ETF Series of RBC Funds, as follows: RBC Canadian Equity Income Fund – ETF Series Unitholders of…
War on Iran could trigger a financial crisis, European Central Bank warns
The Financial Stability Review (FSR) issued by the European Central Bank (ECB) this week says the Iran war, combined with the other disruptions to the global economy resulting from the Trump administration, could set off a major financial crisis as…
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