China Freezes Accounts of Quant Fund After It Dumped Stocks

Ningbo Lingjun sold $360 million of stocks withn a minute The selling is deemed ‘abnormal’ behavior by exchanges China’s two main stock exchanges froze the accounts of a major quantitative hedge fund for three days after the money manager dumped 2.57 billion yuan...

Nintendo Sinks After Game Makers Say Switch 2 Pushed to 2025

Anticipation was mounting for Switch successor debut this year Nintendo has said current Switch remains its main business Nintendo Co. shares tumbled by as much as 8.8% after game-makers were told the company was pushing back the launch of its Switch successor to the...

China Stocks Primed for Bullish Reopen After Upbeat Data

A surge in travel over Lunar New Year bodes well for sentiment Chinese shares in Hong Kong, US jumped while mainland was shut Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, with buoyant travel and tourism data...

‘Peak Euphoria’ Warning Blares as Stress Vanishes on Wall Street

Goldman’s Garrett spots ‘SPX 5k’ hats, rush for call options BofA’s financial stress indicator hits lowest level since 2021 Remember, this wasn’t supposed to happen. The era of tight money – and an uncertain inflation trajectory — threatened to deliver a big reckoning...