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
A man from Mexico, living in Dallas without legal status, has been given a big punishment. He will spend 72 months, or six years, in a federal prison. This is because he was part of a plan to sell cocaine in the Eastern District of Texas. The man, Tomas Perez-Guerrero, who is 44 years old, admitted
Microsoft's stock is currently trading at $491. 54, which is lower than its recent peak but higher than its recent low. This presents an opportunity for investors to make some smart moves. One such move is shorting cash-secured puts that expire in one month. This strategy can provide a good return a
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
China is playing a big part in a huge global project called the Square Kilometre Array (SKA). This project is about building the world's largest radio telescopes. The SKA will create a ton of data. It's so much that one organization can't handle it all alone. So, they're teaming up with countries ar
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.
