CVS Health Corp saw it stock price climb by 1.7% on Monday after news broke of planned a meeting between the healthcare giant and its major hedge fund investor, Glenview Capital Management, according to a report by MorningStar.

Hedge funds have been offloading US energy stocks at the fastest rate seen in five years marking the sector as the most heavily sold on Goldman Sachs’ prime brokerage trading desk last week, according to a report by Reuters.

Expecting a series of interest rate cuts from the Federal Reserve to rejuvenate the green transition is misguided, according to a report by Bloomberg citing Barry Norris, Founder and Chief Investment Officer of UK hedge fund Argonaut Capital Partners.

An affiliate of activist investment firm Elliott Investment Management, Amber Energy Inc, has emerged as the leading bidder in the auction for Citgo Petroleum Corp’s parent company with a $7.3bn offer, according to a report by Bloomberg.

Bullish bets on gold by hedge funds and other large investors have soared to their highest level in over four years, as the precious metal continued its climb following the Federal Reserve’s first interest-rate cut since 2020, according to a

Several quantitative hedge funds in China faced significant setbacks on Friday as the country’s equities experienced their biggest rally in years, with a technical glitch at the Shanghai Stock Exchange exacerbating their problems, according to a report by Bloomberg.

Appaloosa Management founder David Tepper is ramping up his investments in China after Beijing rolled out unexpectedly strong stimulus measures to revive the country’s sluggish economy, according to a report by Investing.com.

Southwest Airlines has revised its third-quarter revenue forecast upward, approved a $2.5bn share buyback programme, and introduced a series of strategic changes as it faces mounting pressure from activist hedge fund Elliott Investment Management, according to a report by the