Hedge Funds Are Succumbing to Mind-Boggling Returns of Memecoins [Yahoo! Finance]
Apple Inc. (AAPL)
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Source: Yahoo! Finance
Most Read from Bloomberg Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Tesla Stock in ‘No Man's Land' After 43% Rout Ahead of Earnings Apple's China iPhone Sales Dive 19% in Worst Quarter Since 2020 Zimbabwe's ZiG Wipes Out 330% Stocks Rally Billionaire Pinaults Fight to Pull Gucci Off the Discount Rack When Dogwifhat became the hottest token in crypto back in December, Newport Beach, California-based Stratos launched a liquid fund that held the token, whose mascot is, of course, a dog wearing a beanie. At one point, the token's price appreciated by more than 300 times, helping the fund post a 137% return in the first quarter, or more than double the gains seen overall in the crypto market. Dogwifhat is down more than 40% from its record high reached last month. Stratos, which said its limited partners include venture capitalists Marc Andreessen and Chris Dixon, isn't the only hedge fund to dive into memecoins. Macro heavyweight Brevan Howard has made a “tin
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- Apple: Growth Issues Masked By Buybacks And Dividends [Seeking Alpha]Seeking Alpha
- Summary Notice of Pendency and Proposed Settlement of Shareholder Derivative ActionsGlobeNewswire
- GLOBAL MARKETS-Stocks jump, yields drop as Fed cut hopes bloom [Yahoo! Finance]Yahoo! Finance
- Top Best Buy deals to check out this weekend, including laptops, TVs, and tablets [Business Insider]Business Insider
- Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback [MSNBC.com]MSNBC.com
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- AAPL's page on the SEC website