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David Randall

Stories by David Randall

Analysis

BlackRock announces cuts of roughly 600 jobs—3% of its work force

No single team will be the focus of the cuts.

IPOs & Markets

‘Big Short’ manager Burry, Farallon among hedge funds making large bets on Chinese firms

The moves come as China's reopening has prompted record inflows into emerging market equities.

IPOs & Markets

Two Sigma, Soros among big hedge funds positioned for tech comeback

Tech and growth stocks have come screaming back in recent weeks after a brutal H1

Deals

Temasek adds stakes in Robinhood, other consumer-focused companies

The fund sold all its shares in Uber, Coinbase and Tencent Music Entertainment Group.

Policy & Regulations

Chinese crackdown on bitcoin is blow to Coinbase investor Cathie Wood’s ARK ETF

Wood has over $1b invested in Coinbase.

People

Twitter China head Kathy Chen leaves company

IPOs & Markets

Behind those Amazon Prime boxes, a bull market in warehouses

Real estate investment trusts (REITs) that own the distribution centers required to fill all those Amazon Prime boxes are a growing favorite on Wall S

Deals

BlackRock sees wave of M&A in asset management industry: CEO

Fink said he did not "see a need" for BlackRock to buy any firms in the United States or Europe.

IPOs & Markets

Growth funds dumping Apple stock as iPhone sales seen sagging; value-managers moving in

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