• Mar 18, 2025

Hedge-Fund Momentum Bets Crater All at Once in Volatile Markets

(Bloomberg) -- One of the simplest hedge-fund strategies is misfiring this year as once-reliable trends, like betting on Big Tech and the outperformance of the US economy, crater en masse. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsMomentum investi

  • Mar 18, 2025

Nasdaq to open Texas headquarters as companies relocate to state

Elon Musk-led Tesla and SpaceX, as well as tech giants Oracle and Hewlett Packard Enterprise, have all moved to the Lone Star State, attracted by a favorable tax climate, lower costs of living and reduced energy costs. For Nasdaq, the move could also help it better compete with the New York Stock Exchange — which last month committed to launching an exchange in the state — and the Texas Stock Exchange, a venture backed by BlackRock and Citadel Securities, which is gearing up for a launch early next year.

  • Mar 18, 2025

Indonesian Stock Swoon Rattles Traders, Triggers Circuit Breaker

(Bloomberg) -- At the market open in Jakarta, it looked bad — but the kind of losses that wouldn’t raise traders’ eyebrows given the volatile nature of Indonesian stocks.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsThen it got worse. Selling intensif

  • Mar 18, 2025

Morning Bid: US stocks stabilise as Europe keeps surging

Meanwhile, global stocks pushed higher on European stimulus bets. Today, I'll take a look at the Bank of England, one of the big central banks meeting this week. While the BoE is expected to hold tight at the upcoming meeting, I'll discuss why it could be set to surprise investors.

  • Mar 18, 2025

BofA Survey Shows Biggest-Ever Drop in US Stock Allocations

(Bloomberg) -- Investors have slashed holdings of US equities by the most on record, according to Bank of America Corp.’s latest survey, underscoring the massive rotation that’s underway in global markets.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal Funds