Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags...
Ken Griffin, Citadel at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCBillionaire investor Ken Griffin's various hedge fund strategies at Citadel all posted double-digit returns for 2023, but they failed to beat the S&P 500.Citadel's multistrategy Wellington fund...
Stocks making the biggest moves midday: Apple, Walgreens, Mobileye, Eli Lilly...
Check out the companies making headlines in midday trading. Comerica — Shares of the regional bank added 0.7% after Goldman Sachs upgraded the stock to buy from neutral. The firm said it expects regional banks' earnings power to improve starting in the second half of this year....
Cliff Asness’ AQR Absolute Return fund gains 18.5% in 2023, boosted by...
Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesCliff Asness' longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees, according to a person familiar with the performance.The AQR Absolute Return strategy, which was created in 1998,...
State-run ‘auto-IRA’ programs aim to close retirement savings gap
Moyo Studio | E+ | Getty ImagesRoughly half of Americans don't have access to a workplace retirement plan — but states are increasingly stepping in to fill that gap, both for residents' wellbeing and their own.About 57 million people — 48% — don't have access to a pension or...
BYD’s five best-selling cars, including one edging out Tesla’s...
BYD's new luxury brand Yangwang is selling its first model, the U8, for more than 1 million yuan (US$160,000).CNBC | Evelyn ChengBEIJING — BYD has overtaken Tesla again by the sheer number of new energy vehicles produced in 2023, thanks in part to the Chinese automaker's hybrids...