U.S. Pension Giant to Vote to Replace Buffett as Berkshire Chair
California Public Employees’ Retirement System said it plans to vote shareholder proposal Berkshire Hathaway replace billionaire Buffett chairman.
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Record Rout Hits $19 Billion Treasury ETF as Bond Slide Deepens
Long-maturity Treasuries are contending with their biggest drawdown on record, at least according to their most popular exchange-traded fund.
Cathie Wood 'Keeping Open Mind' on Investing in GM as Carmaker Scales EV Plans
General Motors (GM) has been revving up its electric vehicle business. And Cathie Wood is taking notice.
BlackRock Sees $114 Billion in Net Flows Amid Market Turmoil
Investors continued to pour money into BlackRock Inc.’s funds in the first quarter, seemingly undeterred by falling stock prices.
Tech Goes From Haven to Hazard as Investors Fear Recession
Nasdaq 100 Stock Index wrapping up worst two-day drop in nearly month. Traders that flocked to tech sector in recent weeks started to ditch shares.
Gabe Plotkin’s Melvin Capital Ends First Quarter With 20.6% Loss
It was another rough start to the year for investors in Gabe Plotkin’s Melvin Capital Management. The hedge fund tumbled 20.6% in the first quarter.
Crispin Odey’s Hedge Fund Surges 53% as Short Bond Bet Pays Off
Odey has long predicted and bet on surging inflation and is being rewarded now as central banks reverse their easy money policies.
