Author: Daniel snow

[ad_1] Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesAQR Capital Management took advantage of a volatile first half of 2025, with a duo of hedge funds doubling the S&P 500’s return.The Apex strategy from Cliff Asness’ firm, which combines stocks, macro and arbitrage trades and has $4.3 billion in assets under management, rallied 11.4% in the first six months of the year, according to a person familiar with AQR’s returns who asked to be anonymous as the information is private.AQR’s long-short Delphi equity fund, with $4.1 billion in assets under management, gained 11.6% net of fees in the first half of…

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[ad_1] Shortly after the opening bell, we will sell 25 shares of Broadcom at roughly $272.78. Following the trade, Jim Cramer’s Charitable Trust will own 575 shares, decreasing its weighting to about 4.4% from 4.57%. Consistent with what we said last Tuesday, we are peeling off some shares of Broadcom following its strong push to new all-time highs. After another 2% move on Monday, shares are up nearly 19% year to date and almost 90% from its lowest close in April. Over the past 12 months, the stock has gained about 68%, trouncing the S & P 500’s 13% return.…

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[ad_1] An aerial view as a Ford sign stands on the sales lot of the Metro Ford dealership on May 6, 2025 in Miami, Florida. Joe Raedle | Getty ImagesFord sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase, the automaker said Tuesday.New vehicle sales for the second quarter totaled 612,095, led in part by gains in its F-Series trucks and “electrified” vehicles, which includes hybrids and EVs.F-Series trucks saw their best second quarter since 2019, climbing 11.5% to 222,459. New pickup sales overall totaled 288,564 for the quarter, Ford…

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[ad_1] Kobbie Mainoo of Manchester United during the Premier League match between Manchester United FC and Aston Villa FC at Old Trafford on May 25, 2025 in Manchester, England. Alex Livesey | Getty ImagesThe English Premier League is bringing artificial intelligence to the soccer pitch through a new partnership with Microsoft.The five-year agreement will integrate Microsoft’s Copilot AI into the English Premier League app, offering fans access to more than 300,000 articles, 9,000 videos and statistics from the league dating back to its founding in 1992.Future iterations of the technology will translate text and audio into a user’s native language…

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[ad_1] US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty ImagesFederal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary policy by now if not for President Donald Trump’s tariff plan.When asked during a panel if the Fed would have lowered rates again by now had Trump not announced his controversial plan for levies on many foreign trading partners earlier this year, Powell said, “I…

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