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