In the bustling financial hub of London, a new player has emerged, making waves in the investment world. Ilex Capital Partners, founded by former Citadel traders Jonas Diedrich and Dave Sutton, has swiftly grown to manage an impressive $7 billion. This growth is not just from new investments but als
November was a month of ups and downs for hedge funds. Despite a rough start with tech stocks taking a hit, big names like Citadel, Balyasny, and Point72 still managed to make gains. Citadel, based in Miami and led by billionaire Ken Griffin, saw its main fund, Wellington, rise by 1. 4%. This bring
Ken Griffin, the head of Citadel Advisors, made some interesting choices in the tech world during the last quarter. With a massive $50. 1 billion under management, Griffin is a big player. He increased his investments in most of the top tech companies, but there was one notable exception: Amazon. G
Markets kicked off the week with a downturn, but tech news from China gave them a boost. The S&P 500 and Nasdaq futures dipped early but recovered later in the day. Tech stocks like Nvidia, Broadcom, Micron, and Microsoft showed strength, while others like Google, Tesla, and healthcare stocks took a
Microsoft is a tech giant with a strong reputation. Its cloud services and AI integration are impressive. But is its stock price too high? The company's market value is huge, at $3. 7 trillion. It offers a wide range of products, from Office to Windows. Its revenue growth has been steady, with a 13
Intel has been experimenting with chipmaking tools from ACM Research, a company with strong ties to China and some units under U. S. sanctions. These tools, known as wet etch tools, are being considered for Intel's cutting-edge 14A chipmaking process, set to launch in 2027. ACM Research, based in C
China's real estate scene is hitting rough waters again, and this time, it's Vanke, a major player, that's in the spotlight. The company is drowning in debt, with a staggering $50 billion owed. That's a massive amount, even for a giant like Vanke. Here's what happened: On a recent Sunday, Vanke dro
PDD Holdings, the company behind Temu, is in hot water. Both China and the European Union are investigating them. In China, the State Administration for Market Regulation (SAMR) is looking into claims of fake deliveries. This is serious because SAMR is a powerful regulator. They can dig deep into PD
Big news in the crypto world! A company called 21shares just launched a new ETF called TOXR. This ETF lets people invest in XRP, a popular cryptocurrency, through their regular bank or brokerage account. That's a big deal because XRP is known for its speed and low costs in cross-border transactions.
Anthony Scaramucci, a well-known figure in the finance world, recently attended the Bitcoin MENA conference in Abu Dhabi. There, he met Michael Saylor, the head of Strategy Inc. Scaramucci was impressed and called Saylor the smartest person in the crypto space. He even shared a selfie with Saylor on
