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Financial services giant Goldman Sachs reportedly says hedge funds are scooping up stocks at a rate not seen since 2024.
In a note to investors, Goldman Sachs says hedge funds bought global equities last week at the quickest pace since November 2024, some seven months ago, reports Reuters.
The buying spree comes as stock markets ended the month with their strongest May performance in decades....
Wall Street veteran Steve Eisman is highlighting one concern he has about the stock market.
In a new CNBC interview, the investor who predicted the US housing bubble in 2007/2008 and was subsequently profiled in The Big Short movie says tariffs are his “one concern.”
“That’s it. I mean the market’s gotten pretty complacent about it. But you know in any trade negotiation the details really matter...
Investor Tom Lee believes that Bitcoin (BTC) will reach his ambitious price target over a long arc of time.
In a new CNBC interview, Fundstrat’s CIO says Bitcoin looks poised to hit new all-time highs this year, driven by an expanding global money supply.
According to Lee, he expects Bitcoin to surge by at least 41% from current levels before the year expires.
“Bitcoin is responding to global...
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Consensus 2025 – the flagship event of a major crypto company – brought together over 14,000 attendees from 102 countries at Toronto’s Metro Convention Centre this May.
With 500 speakers across three days, the summit reaffirmed Toronto’s rising status as a crypto hub in the Americas.
Leaders in blockchain, digital assets, Web 3.0, regulation and AI gathered to...
An analyst who has earned the Master Trader rank on the crypto exchange Bybit thinks Solana (SOL) looks good after recovering a key support level.
Pseudonymous analyst Bluntz tells his 319,800 followers on the social media platform X that Solana is flashing a swing failure pattern (SFP) on the four-hour chart after losing support at $160 at the end of May, only to recover the price level days...
The company behind the second-largest USD-pegged stablecoin by market cap is naming its price for its upcoming US initial public offering (IPO).
According to a Reuters report, USDC-issuer Circle says it is aiming for a $7.2 billion valuation in its upcoming IPO – about $28 per share – partially because of the current administration’s friendlier outlook on crypto regulations.
US dollar-pegged...
Chris Toomey, a managing director at Morgan Stanley, thinks the market hasn’t priced in the risks of the Trump Administration’s tariffs.
Toomey says in a new interview with CNBC that equities are still likely “range-bound,” suggesting that the S...
Authorities in a town in Tennessee are warning residents about a new texting scam that has been impersonating local banks.
The Shelbyville Police Department says the scam texts have been circulating through the local community.
“Several citizens have reported receiving messages claiming to be from local banks, urging them to click a suspicious link. DO NOT click any links or provide personal...
A top executive at Morgan Stanley says the US stock market currently looks underwhelming, with limited upside for the rest of the year.
In a new interview with CNBC, Andrew Slimmon, senior portfolio manager for Morgan Stanley’s Investment Management division, says he’s not expecting the S...
An under-the-radar stock has skyrocketed 150% in one day after announcing plans to accumulate Bitcoin (BTC) as a treasury asset.
In a press release, the Norway-based crypto exchange Norwegian Block Exchange (NBX) says it has started buying Bitcoin to hold on its balance sheet.
“As part of the initial allocation, the company has obtained six Bitcoin and will expand to approximately 10 within June...