metamorworks/iStock via Getty Images Shares of call center software company Five9 (NASDAQ:FIVN) rose on Thursday after Reuters reported that investment management firm Anson Funds has built up a stake and is pushing the company to sell itself. It’s unclear the size of the stake and if talks will lead toContinue Reading
Chinnapong/iStock Editorial via Getty Images Digital asset investment products recorded $441M of net inflows last week, bucking a three-week strong of net outflows, CoinShares said in a Monday report. Bitcoin (BTC-USD), which slid 6.1% for the week ended July 5, accounted for $398M, or 90%, of the total inflows. InvestorsContinue Reading
Dmytro Duda/iStock via Getty Images Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) is moving on from Mineral, an agricultural artificial intelligence company incubated in the mega tech firm’s moonshot factory called X, according to a report by Bloomberg on Wednesday. Mineral developed AI-powered robots that scan farmers’ fields, providing them insights into crop yields andContinue Reading
stanciuc Kayne Anderson Energy Infrastructure Fund’s (NYSE:KYN) unaudited net asset value was $2 billion, or $11.79 per share, as of June 30. Its asset coverage ratio with respect to senior securities representing indebtedness was 621%, and its coverage ratio for debt and preferred stock was 453%. More on Kayne Anderson Energy Infrastructure FundContinue Reading
For the first week in three, the financial community found themselves to be overall net sellers of fund assets, which included both exchange traded funds and conventional funds for the week that ended June 19. In total, market participants removed $30B from the fund space. On the week, money marketContinue Reading
pichet_w As concerns about weakness in the semiconductor sector grow, hedge funds have continued to sell chip stocks and tech overall for most of the last month. Goldman’s Prime brokerage said Info Tech (NYSEARCA:XLK) was the most net sold sector last week, driven by short and long sales. Info TechContinue Reading
