Hedge fund titans soar as the industry’s elite land record gain

Hedge fund titans soar as the industry’s elite land record gain

The world’s 20 best-performing hedge fund firms delivered a record-breaking $115.8 billion in net gains for clients last year, as industry titans including Citadel, Millennium and Bridgewater Associates once again outgunned smaller rivals. The landmark haul helped propel the broader $5.2 trillion industry to its biggest-ever annual dollar gain, at a collective $543 billion, according…

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This portfolio stock may be on the chopping block if it doesn’t deliver on earnings

This portfolio stock may be on the chopping block if it doesn’t deliver on earnings

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks sank Wednesday as banks felt post-earnings pressure for the second straight session. Club name Wells Fargo dropped 5% after reporting a revenue miss before the opening bell. Jeff…

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