Quant Hedge Funds Trapped in Short Squeeze After China Glitch

Short positions caught out after stock index futures rallied Some Direct Market Access products risk liquidation, Li says A number of quantitative hedge funds in China were hit severely on Friday as the nation’s equities staged their biggest rally in years, according...

Meta Debuts Orion AR Glasses as Eventual Smartphone Rival

Orion glasses only a prototype, not available for sale New glasses unveiled at Meta’s annual Connect conference Meta Platforms Inc. debuted its first pair of augmented reality glasses — devices that show a combined view of the digital and physical worlds, a key step...

Meta Debuts Orion AR Glasses as Eventual Smartphone Rival

Orion glasses only a prototype, not available for sale New glasses unveiled at Meta’s annual Connect conference Meta Platforms Inc. debuted its first pair of augmented reality glasses — devices that show a combined view of the digital and physical worlds, a key step...

Hedge Funds Snap Up Chinese Equities on Stimulus Optimism

Chinese stocks saw largest daily net buying since ‘21: Goldman But, net allocations remain at lowest level in five years Hedge funds rushed to buy Chinese equities in a bet that the country’s new stimulus program can boost growth in the world’s second-largest economy....