During the pandemic, hedge funds managers have been allowed more flexibility to purchase difficult to value and illiquid assest. In some cases, money managers used leverage to increase exposure and profits.
Go Deeper (2 min read)Union Pacific Railroad Company (UPRC) is a freight-hauling railroad that runs 6,400 locomotives across 32,500 miles (52,300 km) of track in 23 U.S. states west of Chicago and New Orleans.
Go Deeper (8 min read)Bargain hunting investors looking for steep discounts amid the stock market's turmoil are flocking back to Cathie Wood's ARK Innovation ETF, a long-time favorite. Since bottoming out on May 11, shares of the fund, which is mostly comprised of growth-oriented technology businesses, have risen 17%.
Go Deeper (2 min read)The technique has been around for decades and come in different formats such as reverse mergers and blank check companies. Yet, investors' appetite for more risky ventures is waning as the risk-free rate is rising by the day.
Go Deeper (2 min read)Fears of a looming recession are prompting fast grocery delivery services to slow their expansion.
Go Deeper (3 min read)The first quarter of 2022 saw a 13% drop in global venture investment quarter over quarter, marking the first time in a year of financing records that startup capital investment declined from one quarter to the next.
Go Deeper (2 min read)With a 40-year high in inflation, the Fed raised its benchmark interest rate by half a percentage point on Wednesday. Additional half point increases are expected in June and July with the market expecting rates in the 2.75%-3% range by year end, from a range of 0.75%-1% today.
Go Deeper (3 min read)China's economy is experiencing a period of sluggish growth as a result of Beijing's zero-tolerance stance to Covid-19. Economists are debating whether or not to use the term "recession" to characterize the situation.
Go Deeper (2 min read)Monster Beverage Corporation is a beverage company headquartered in Corona, California, which develops, markets, sells, and distributes energy drinks and concentrates in the U.S. and overseas. Monster Beverage's brands include Monster Energy, Reign, Burn and Relentless.
Go Deeper (8 min read)On Monday, KKR announced the full closure of the KKR North America Fund XIII, an oversubscribed $19 billion fund focused on pursuing opportunistic private equity investments in North America.
Go Deeper (3 min read)Despite the fact that union membership in the United States has been declining in recent years, workers at a number of corporations, including Amazon, Starbucks and Verizon, have recently chosen to unionise
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