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5/20/2019

Ingka Investments, the venture capital arm of Ingka Group, Ikea's parent company, has invested in Livspace, an Indian interior design startup.

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TechCrunch
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IKEA, Ingka Group
5/20/2019

Omni, a startup that operates several types of businesses, has sold its storage operations to Clutter, another startup. Omni will continue independently with a focus on renting items to consumers.

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TechCrunch
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Omni
5/20/2019

Emily Stewart explores the question "How safe is safe enough?" when self-driving cars are involved. "At the federal level in the United States, guidelines in place are voluntary, and across states, the laws vary," she writes.

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Vox
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Emily Stewart
5/20/2019

Tesla fell Friday after the US National Transportation Safety Board confirmed the driver of a Model 3 involved in a fatal crash had Autopilot engaged. Technical analyst Katie Stockton, CMT, foresees the stock finding support at "roughly $180" now that it has broken through $250 to hit the lowest level since January 2017.

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Business Insider
5/20/2019

Strong price consolidation in a stock benefits investors because it signifies strong institutional support and caps risk, technical analyst Tom Bruni writes. Moreover, where such a stock stages a breakout suggests an upward price trend is investor driven, Bruni writes.

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All Star Charts
5/20/2019

Bitcoin's stumble to an intraday low of $6,688.78 Thursday has harmed the near-term bull argument, technical analyst Fawad Razaqzada says. "I think the drop has caused a lot of technical damage in the short term, and the way it dropped is kind of a reminder that things like that can happen again," Razaqzada says.

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MarketWatch
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Fawad Razaqzada, Bitcoin
5/20/2019

High fees and other barriers to entry for hedge funds could spur a rise in multistrategy firms where "multiple return streams can offer a competitive advantage," Tom Wrobel of Societe Generale Prime Services said. "Barriers to entry to hedge funds are only continuing to increase in terms of the amount of money to launch, regulatory approvals and ability to break even," he said.

5/20/2019

Although investment advisers are typically attuned to risks associated with individual asset classes, they might be devoting less attention to operational risks, writes attorney Richard L. Chen. A focus on the three P's -- personnel, processes and privacy controls -- will minimize clients' risk of investment loss, asset theft or data leaks, he notes.

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Richard L. Chen
5/20/2019

Regulatory filings show that the shares of Facebook, Apple, Amazon, Netflix and Alphabet are back in favor with US hedge fund managers, with allocations rising during the first quarter. FAANG stocks lost their luster as last year's bull run ended, but have since recovered to outpace the market with Netflix up 33% and Facebook rising 40%.

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Reuters
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Facebook, Netflix
5/20/2019

While the price of bitcoin rose 30%, cryptocurrency-trading platforms recently saw capital outflows exceed inflows by $622 million, according to blockchain data provider TokenAnalyst.