Hedge Funds Shut Down as Volatility Claims Industry Veterans
Hedge funds close amid volatility, with Eminence Capital shutting after 27 years and others reporting major losses.
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Hedge funds close amid volatility, with Eminence Capital shutting after 27 years and others reporting major losses.
The Trump administration moves toward nominating Kevin Warsh as Fed chair, prompting immediate market reactions and potential political resistance.
SpaceX could reach a $1.4 trillion valuation after an IPO, nearly doubling its current private market estimate.
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Gold reaches a new record of $5,100 per ounce, rising more than 16% in 2026 on strong safe-haven demand.
Gold hits a historic milestone, reaching $4,960 per ounce as safe-haven demand accelerates.
SanDisk shares jump more than 1,300% in a year as AI-driven demand for memory and storage fuels one of the market’s biggest rallies.
Crypto markets post steep losses during Trump’s first year back in office, even as his personal fortune climbs to $6.6 billion.
Gold futures reach a record $4,890 as trade war escalation fuels safe-haven demand and drives a 78% annual price surge.
BlackRock’s assets under management surpass $14 trillion, boosting its fee base and reinforcing its dominance in ETFs and index investing.
Silver hits a record above $87 an ounce, rallying more than 210% in just 13 months amid supply tightness and strong demand.
The S&P 500 hits a new record above 6,990 after softer U.S. inflation boosts expectations for future rate cuts.
Michael Burry says he holds put options on Oracle and would bet against OpenAI at a $500 billion valuation, adding to the AI bubble debate.
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Trust Wallet has confirmed a security incident impacting some users after a recent Chrome extension update, following reports of unauthorized fund drains.