US stocks rise but head for losing week amid spike in bond yields and surging oil prices

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NYSE traders

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A small New York hedge fund has secretly managed $7 billion for a Russian oligarch for over a decade, the SEC says

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A little-known New York hedge fund made tens of millions of dollars managing money for an unnamed Russian oligarch, according to the SEC.

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Stocks are 'pretty overvalued' – and a recession is likely to hit in the next 9 months, says billionaire investor Jeffrey Gundlach

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Jeffrey Gundlach is CEO of DoubleLine Capital.

Jessica Rinaldi/Reuters

China's attempts to boost markets and investor confidence have flopped

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Newly-elected General Secretary of the Central Committee of the Communist Party of China (CPC) Xi Jinping speaks as he meets with the press at the Great Hall of the People in Beijing, November 15, 2012.

REUTERS/Carlos Barria

Nvidia's stock price feels the full September effect, suffering a $180 billion wipeout

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Jensen Huang, CEO of NVIDIA, speaks during a press conference at the Computex 2023 in Taipei on May 30, 2023.

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China is probing hedge funds that profit from its economic misery, report says

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China is cracking down on hedge funds that short sell its stocks, according to a Reuters report.

REUTERS/China Daily

Klaviyo stock surges 23% as investors cheer the 3rd IPO in a week

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Andrew Bialecki, CEO And Co-Founder Of Klaviyo
Andrew Bialecki, CEO And Co-Founder Of Klaviyo

Boston Globe / Getty Contributor

Sticky inflation and weaker earnings mean stock prices aren't going anywhere, Morgan Stanley strategist says

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Stock prices will likely trade within a narrow range for the next six to nine months, according to Morgan Stanley Wealth Management.

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The IPO market has been frozen for 2 years. Arm and Instacart point to a thaw coming in 2024.

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The IPO market has been frozen for two years. Arm and Instacart could help it thaw.
The IPO market has been frozen for two years. Arm and Instacart could help it thaw.

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The CEO of a hedge fund that averaged a 66% return for 3 decades spoke about investing, hiring, and sleeping 2,000 nights in his office. Here are the 11 best quotes.

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