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The Latest Breaking News on Hedge Funds

Why Should Cannabis Investors Pay Attention To Germany? These Stocks Will Benefit From Imminent Legalization

With US federal legalization stalled and its near-term outcome uncertain, cannabis stocks are taking a hit. Cantor Fitzgerald's analyst Pablo Zuanic advised investors to turn their interest to Germany, or at least for now.

Benzinga

Business economists give soft landing the side-eye

Private-sector economists are skeptical the Fed can end inflation without causing a recession, survey shows.

Axios

Warren Buffett Purchased More Shares Of Paramount, Activision Blizzard and Ally Financial: How These 3 Dividend Stocks Can Provide Value

Warren Buffett is one of the most successful well-known value investors in the world, seeking investments in companies with strong fundamentals and future growth potential.

Benzinga

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Allen Weisselberg: Who is the man who could bring down Donald Trump?

Former president’s long-time financial chief pleads guilty following years-long tax probe

The Independent UK

Student, 20, makes $110m trading Bed Bath & Beyond stocks after social media craze

Math major Jake Freeman had bought nearly five million shares in July

The Independent UK

Former Hedge Fund Manager Calls Out Ryan Cohen's Bed Bath & Beyond Trade, Complains To SEC: 'What A Total Disgrace'

Former hedge fund manager Whitney Tilson is sounding the alarm on popular meme stock Bed Bath & Beyond Inc (NASDAQ: BBBY) and calling out Ryan Cohen’s investment in the company. Here’s what Tilson has to say.

Benzinga

Allen Weisselberg: Who is the man who could bring down Donald Trump?

Former president’s long-time financial chief pleads guilty following years-long tax probe

The Independent UK

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Inside a conservative group's new war against BlackRock's ESG investments

The campaign aligns with the posture of a growing faction of the GOP.

Axios

Exiled Putin critic who sold DC home to Ivanka Trump dies mysteriously in US

Dan Rapoport’s widow has denied reports that he died by suicide

The Independent UK

S&P 500, Nasdaq Futures Slip Amid Retail Earnings, Oil's Retreat — Walmart Jumps On Q2 Report

The U.S. index futures point to tentativeness going into Tuesday's session following the recent strong gains.

Benzinga

Hamburg prosecutors see no evidence to suspect Scholz in tax fraud scandal

German prosecutors in Hamburg said on Tuesday they have so far seen no reason to investigate Chancellor Olaf Scholz whom lawyers have accused of aiding and abetting tax evasion in connection with one of Germany's biggest fraud investigations.

Reuters

Trump Organization CFO Allen Weisselberg expected to plead guilty to felony charges

NEW YORK — The Trump Organization’s longtime financial sentry Allen Weisselberg is expected to plead guilty to criminal tax fraud charges later this week, two sources told the Daily News Monday.

Tribune News Service

Mary Trump says look to Kushner as leak

"You have to look seriously at Jared Kushner," Mary Trump said during an appearance on MSNBC

Salon

AP News Digest 3:30 a.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK

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StockNews.com

These 2 Meme Stocks Make Great Long-Term Picks

Meme stocks gained immense popularity last year thanks to retail traders’ bets on them to compel hedge funds to cover their short positions and benefit from the resultant short squeeze rally. While the meme-stock frenzy faded earlier this year, many meme stocks are back in the limelight. We think investing…

Daily Mirror

Failed Tory leadership hopefuls raked in £135,000 in donations for doomed campaigns

Donors to their unsuccessful campaigns included hedge funders, Tory bigwigs and a firm run by a prominent climate sceptic

Benzinga

Donald Trump And 5 Other Business Bosses Who Invoked Their Fifth Amendment Rights

A day after the Federal Bureau of Investigation raided his residence in Mar-a-Lago, FL, Former President Donald Trump invoked his Fifth Amendment rights during a scheduled deposition by New York Attorney General lawyers on Wednesday.

Benzinga

Jim Cramer Sides With The Apes, Says AMC Entertainment Stock Is A 'Terrible Short': 5 Other Short Squeeze Candidates On His Radar

Jim Cramer doesn't hold anything back when he engages with retail investors on Twitter. He has often been critical of some of the most popular stocks among the retail crowd, but he seemed to side with the "apes" this time around.

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news in one place.

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Benzinga

Chances Of Another 0.75% Interest Rate Hike Plummet Following Soft CPI Inflation Reading

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June and July in an attempt to get inflation under control. Investors wondering if the Fed will pull the trigger on a third 0.75% hike at its next meeting in September got some key inflation data on Wednesday…

Reuters

U.S. probes firm linked with Abramovich over hedge fund investments - NYT

U.S. federal authorities are investigating investment advisory firm Concord Management, which oversaw hedge fund investments worth billions of dollars for Russian billionaire Roman Abramovich, the New York Times reported on Tuesday.

Tribune News Service

Meme-stock frenzy returns, baffling Wall Street’s ‘smart guys’

Retail traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve as rallies for meme stocks like Bed Bath & Beyond Inc. and AMC Entertainment Holdings Inc. show shades of last year’s mania.

Benzinga

PayPal Analysts Increase Price Targets Following Earnings Report, Elliott Management's $2B Investment

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.

Miami Herald

Why George Soros is the GOP’s villain in the sale of a Spanish-language radio station

Following the announcement that a left-leaning group of investors is buying Radio Mambí, the longtime talk-radio station of choice for Miami’s exile community, conservative media and Republican politicians seem to agree: George Soros is trying to take over Cuban radio.

Benzinga

Billionaire Ray Dalio Warns Of Stagflation, Calls Fed 'Naïve And Inconsistent' For Raising Interest Rates

Billionaire hedge fund manager Ray Dalio recently offered his take on whether rising interest rates could help improve the economy.

The Guardian - US

Carl Icahn documentary digs into life of billionaire, but don’t expect an exposé

In a new film, the man who informed Oliver Stone’s Gordon Gekko makes for a compelling central figure

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