SPACEX SHOOTS FOR THE MOON WITH $350B VALUATION
Elon's rocket empire might be worth more than Portugal's entire GDP. SpaceX is floating a tender offer that would launch its valuation to a mind-bending $350 billion—up from last month's mere $255 billion price tag. This astronomical jump would make SpaceX not just the most valuable startup on Earth, but worth more than many Fortune 500 companies. For context, they were "only" worth $210 billion earlier this year. Source: Mario Nawfal Source: Bloomberg @SpaceX
Hedge fund indices YTD performance by strategy as of 31/10/2024.
The top 5 hedgefund strategies according to Aurum database as of October 2024 were: 1) Equity long/short - AsiaPac (L/S) stands at 16.9% YTD. 2) Long biased equity stands at 14.2% YTD. 3) Equity long/short - Sector (L/S) stands at 14.2% YTD. 4) Quant - Multi stands at 14.1% YTD. 5) Equity long/short - US (L/S) stands at 12.3% YTD.
Hedge Funds are buying U.S. Stocks at the fastest pace this year 🚨
Source: Barchart
Hedge funds are net long VIX futures for the first time since 2019 ahead of the US elections.
Source: (((The Daily Shot))) @SoberLook
HedgeFunds are buying Chinese Stocks at the fastest speed in history
Source: Barchart
STILL BREAKING 🚨 China Short Sellers
This just got exponentially worse for Hedge Funds shorting Chinese stocks! Source: Barchart
Hedgefunds piled into shorts against stocks for the fifth week in a row last week, per Goldman
Source: Markets & Mayhem
Hedge Funds dumped stocks at the fastest rate since January and, in particular, sold Industrials at the fastest pace in a decade.
Source: Goldman Sachs thru Barchart
