🎙️ Trading Frenzies

[5 minutes to read] Plus: Hedge funds that changed the game

AuthorAuthor

Shawn O'Malley & Matthew Gutierrez
February 23, 2024

By Matthew Gutierrez and Shawn O’Malley

✌️ More evidence that the economy looks A-OK: The pace of corporate bankruptcy filings is falling.

After 2023, when we saw the highest number of bankruptcies since 2010, S&P Global Market Intelligence recorded just 36 bankruptcy filings in January, mostly in capital-inventive industries.

— Matthew & Shawn

Here’s today’s rundown:

Today, we'll discuss the three biggest stories in markets:

  • Why Nasdaq criticism is growing

  • The hedge funds that changed the game

  • Intuitive Machines’ stock surges after moon landing

All this, and more, in just 5 minutes to read.

POP QUIZ

Europe’s equivalent of the Magnificent 7 is known as the “GRANOLAS” with 11 leading European companies dominating its stock markets. What percentage of the STOXX 600 index’s market capitalization do the GRANOLAS comprise? (The answer is at the bottom of this newsletter!)

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