Hints and tips:
...As markets hit record highs, the ratio of corporate insider selling to insider buying is at the highest level since the first quarter of 2021, according to Verity LLC, which tracks insider trading disclosures...
...Average daily trading volumes in European sovereign bonds in the second quarter hit their highest quarterly level since 2014, according to trade association AFME....
...If China hits a speed bump as US consumer spending stops, that would be a really ugly one-two punch,” he added....
...Ipswich has spent just £8.6mn on new players in the past three seasons combined, Southampton forked out £204mn (albeit while still making a profit from player trading)....
...Attorneys for Millennium and the two traders argued that the hit to Jane Street’s profits appeared to result from outside factors such as decreased volatility and fewer trading days....
...Shares closed broadly flat on Wednesday, trading at 980.8p....
...Apollo previously submitted a takeover bid of more than $26bn, which would have given shareholders a large cash premium to Paramount’s trading price, but it was rebuffed....
...The $4bn in trading did not reflect an influx of new money at that scale....
...The US group is suffering its own squeeze, with 2024 ebitda projected to hit $165mn, down from $260mn in 2022. It does not have much leverage....
...The idea was that the S&P 500 as a whole was at about 22 times forward earnings, and the price/earnings valuations of some Mag 7 stocks were right around that level, and even the Mag 7 members trading at...
...VinFast’s ambitions to become Vietnam’s answer to Tesla have hit setbacks amid a slate of dire reviews for its first US model, and the need for additional funding....
...Trading conditions are OK, but well, not great, and the basis trade has (probably) hit new size records lately, as this Oxford Economics charts shows....
...Two buyout firms behind a soured 2021 software deal are trading allegations of incompetence and fraud, suing one another in duelling cases that have breached unwritten rules of the private equity industry...
...in FTX trial (FT) WeWork plans to file for bankruptcy as early as next week (Wall Street Journal) ArcelorMittal obtains €140mn freezing order against Gupta’s Liberty House (FT) Atom takes valuation hit...
...The blue-chip index has gained almost 19 per cent and on Tuesday hit its highest level in more than a year. Virtu’s shares were up 3 per cent at $19.07 early on Wednesday....
...ETF trading in Europe is conducted across multiple exchanges, dividing liquidity and increasing transaction costs....
...Indeed, Millennium, which has about 300 trading teams, has come to more closely resemble the markets division of a global bank....
...Trading volumes in options tied to the index are on track to hit a record high this year....
...VinFast’s listing risks a repeat of the so-called “eejit trade”, made (in)famous in 2013 when the then-nationalised Allied Irish Bank briefly hit a $99bn market cap, making it Europe’s most valuable bank...
...Microsoft’s market value has hit $2.9tn thanks to the boom in artificial intelligence....
...Montier has therefore previously advocated going long quality stocks and short junk bonds as a better tail risk insurance strategy, but he worries that quality currently trading at its highest valuations...
...One scoop to start: A group of veteran US financial journalists is teaming up with investors to launch a trading firm that is designed to trade on market-moving news unearthed by its own investigative reporting...
...A trading frenzy pushed the electric vehicle company’s market capitalisation to a peak of $190bn after its August 15 listing in the US Nasdaq stock exchange through a special purpose acquisition company....
...BNP Paribas has named AQR Capital Management’s former trading head Scott Carter as global head of investor coverage....
...Both banks’ share prices jumped in after-hours trading....
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