{
}
SolarZero, a New Zealand solar panel installation company backed by BlackRock Inc., has entered liquidation due to unsustainable losses and liquidity issues. The company has ceased operations and requested that senior lenders appoint a replacement service provider to maintain customer services while a liquidator is appointed.
Hedge funds and family offices are increasingly adopting AI to enhance portfolio management and operational efficiency, with 86% of managers utilizing generative AI tools. However, skepticism is rising regarding AI's transformative potential, as evidenced by Goldman Sachs questioning the substantial investments in AI without clear returns. The Eurekahedge AI Hedge Fund Index has underperformed the S&P 500, raising concerns about the real-world effectiveness of AI in hedge fund strategies.
Elevance Health, Inc. (ELV) is highlighted as an attractive investment in the oversold healthcare sector, which is expected to thrive in 2024. With national healthcare spending projected to reach $4.8 trillion and a significant increase in AI investments, the industry is poised for recovery despite challenges in 2023. Financial experts predict improved earnings and a favorable risk-reward environment for investors.
Wall Street is transforming bitcoin trading with new financial products, including spot bitcoin ETFs and options, enhancing liquidity and allowing for leveraged bets. The U.S. spot bitcoin funds have amassed over $100 billion, with record inflows following interest rate cuts. As trading activity surges, investor confidence in bitcoin's long-term growth potential is evident, despite the market's inherent volatility.
UBS Asset Management has appointed ETF expert Rory Tobin as a senior advisor to enhance its global ETF and indexing capabilities, aiming to solidify its position among the top five ETF providers in the EMEA region. With 35 years of industry experience, Tobin previously led the ETF business at State Street Global Advisors and held senior roles at Barclays and BlackRock. He will report to Aleksandar Ivanovic, President of UBS Asset Management, and collaborate with the team to drive expansion in key markets worldwide.
Dell Technologies Inc. (NYSE: DELL) has outperformed competitors in all-flash storage demand, with a recent UBS survey indicating that 71% of IT executives rated Dell's storage demand as strong, compared to 53% for NetApp, 32% for Hewlett Packard Enterprise, and 20% for Pure Storage.The global demand for data center capacity is projected to grow significantly, with AI-ready data centers expected to account for 70% of this demand by 2030, driven by advanced-AI workloads, particularly Gen AI, which will represent 40% of the total.
Swiss investors are capitalizing on US election-linked opportunities, with the Vontobel Republican 2024 US Election Index certificate outperforming its Democratic counterpart by over 15%. The Republican version benefits from US banking sector stocks, while European banks face challenges due to strict regulations and low interest rates. New structured products, including BRCs and autocallables, are emerging in both the Swiss financial and US healthcare sectors, reflecting investor sentiment amid political changes.
[Bloomberg]
The Global Markets Advisory Committee of the Commodity Futures Trading Commission has approved the use of tokenized non-cash collateral, including money-market fund tokens from BlackRock Inc. and Franklin Templeton, for traditional derivatives trades. This recommendation will be forwarded to the full CFTC for consideration.
Swiss banks are largely missing out on the cryptocurrency trend, despite a significant portion of the population investing in Bitcoin and Ethereum. While some cantonal banks and Postfinance offer direct purchases, major institutions like UBS and Pictet remain skeptical, limiting their involvement to ETFs. This cautious approach contrasts with the growing interest among younger investors, who often turn to foreign platforms for their crypto transactions.
BlackRock, Inc.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ew zealand solar company solarzero enters liquidation amid financial struggles
21:23 26.11.2024
the mixed impact of ai on hedge funds and investor skepticism
15:47 26.11.2024
elevance health emerges as a top investment in recovering healthcare sector
United States Dollar
Elevance Health, Inc.
Centers for Medicare and Medicaid Services
McKinsey
Silicon Valley Bank
Deloitte
BlackRock, Inc.
USA
Show more
13:30 26.11.2024
wall street embraces bitcoin with new trading options and record inflows
United States Dollar
Cboe Global Markets, Inc.
BlackRock, Inc.
USA
Vetle Lunde
Mike Novogratz
Donald Trump
Show more
20:54 25.11.2024
ubs asset management hires rory tobin to enhance etf expertise
United States Dollar
BlackRock, Inc.
Barclays PLC
UBS
State Street Global Advisors
Aleksandar Ivanovic
Rory Tobin
Show more
08:00 25.11.2024
dell technologies leads in all flash storage demand according to survey
United States Dollar
NetApp, Inc.
McKinsey & Company Inc.
Hewlett Packard Enterprise Company
Dell Technologies Inc.
Pure Storage, Inc.
The Goldman Sachs Group, Inc.
BlackRock, Inc.
Crusoe Energy Systems Inc.
USA
Joe Biden
Show more
23:47 22.11.2024
structured products gain traction amid us election and european banking concerns
Swiss Franc
Euro
United States Dollar
UWS JP Morgan EM A OSB
Partners Group Holding AG
BlackRock, Inc.
UBS
Moderna, Inc.
The Goldman Sachs Group, Inc.
Julius Bär Gruppe AG
CHE
USA
Robert F. Kennedy Jr.
Donald Trump
Show more
07:00 22.11.2024
ubs predicts s and p 500 could reach 6600 by 2025
United States Dollar
BlackRock, Inc.
Bridgewater Bancshares, Inc.
UBS
Joe Biden
Alexa PenaVega
David Kostin
Show more
22:12 21.11.2024
CFTC committee endorses tokenized assets as collateral for derivatives trading
20:55 21.11.2024
wiss banks lag behind in cryptocurrency adoption despite growing investor interest
Swiss Franc
Zug cantonal bank
Raiffeisen Bank
St. Gallen cantonal bank
Thurgau cantonal bank
Lucerne cantonal bank
Luzerner Kantonalbank AG
Revolut
PostFinance AG
VZ Vermögenszentrum AG
Binance
Zurich cantonal bank
Swissquote Group Holding Ltd
BlackRock, Inc.
UBS
Migrosbank
CHE
Mark Haefele
Show more
17:12 21.11.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
CEO Changes
Market Analysis and Predictions
Government Economic Policies
Government Policies
Domestic Politics
Workplace Trends
GDP Growth & Recession Forecasts
Supply Chain Management
Countries:
Companies:
Barclays PLC
Apple Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Deutsche Bank Money Market PP
Banco Santander, S.A.
The Goldman Sachs Group, Inc.
Berkshire Hathaway Inc.
Credit Suisse Strategic Income I
Lloyds Banking Group plc
SpaceXCoin USD
Bank of America Corporation
Amazon.com, Inc.
UBS Group AG
Morgan Stanley
NVIDIA Corporation
Wells Fargo & Company
BNP Paribas SA
Commerzbank AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Chinese Yuan
Canadian Dollar
Vietnamese Đồng
South Korean Won
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Alex Kramm
Susan P. Crawford
Scott Bessent
Stacey Friedman
Jeff Bezos
George Saravelos
Francois Xavier Bouvignies
Joseph Spak