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☆ Covid casts long shadow over New Zealand paddler Jones
▼ + stars: | 2024-03-16 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

The 35-year-old’s ambitions of reaching a fifth Olympics once seemed fanciful as she spent more than a year recovering after being diagnosed with long Covid in early 2022. “I’d get really tired from just going out and mowing the lawn or going for a walk,” she told Reuters in an interview. Jones speaks to the media at Vector Wero Whitewater Park in Auckland, New Zealand this week. Long Covid provided multiple reminders of how quickly things can unravel. “But I guess you just don’t know where you can get (Covid) from or when it’s going to hit.

Persons: Luuka Jones, Jones, “ I’d, “, Phil Walter, Valerie Adams, Barbara Kendall, I’ve, ”, Long Covid, I’m, ’ ”, Chris Froome, Jonathan Toews, Covid Organizations: Reuters, Paris, Beijing, Rio Games, Vector, Getty, Zealand, Olympic, British, de Locations: Tokyo, Zealand, Marne, Auckland , New Zealand, Beijing, New Zealand

☆ This market rally is taking out funds that hedged against recent investor fears
▼ + stars: | 2024-03-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

The Simplify Tail Risk ETF , which trades under the cheeky ticker "CYA," is headed for liquidation later this month after a brutal money-losing stretch. CYA 1Y mountain Simplify's Tail Risk ETF has been beaten down by the market rally. "Tail protection, which was heavily desired in 2020, has no bids right now. And that way if you're losing money on it, and it's a tail risk ETF where you're buying a put [option], then you understand why that's happening," Armour said. "A tail risk ETF is going to go potentially over a decade without working, and that's okay.

Persons: Michael Green, Green, subpar, Bryan Armour, Armour, CYA, Philip Toews, Vix, Toews Organizations: CNBC, Fidelity, North, Asset Management Locations: North America

☆ Tristan Jarry, Penguins snap Avs' record road win streak
▼ + stars: | 2023-10-27 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/47] Oct 26, 2023; Pittsburgh, Pennsylvania, USA; Colorado Avalanche center Ross Colton (20) stretches on the ice before the game against the Pittsburgh Penguins at PPG Paints Arena. It was Jarry's second shutout of the season, the 15th of his career and his first against the Avalanche. Lars Eller and Sidney Crosby also scored for the Penguins, who are 6-2-0 against Colorado in the past eight meetings. With Georgiev out of position, Smith scored short side to make it 2-0. Off a rebound of a shot by Radim Zohorna, Eller scored on a backhander from the low slot to boost the lead to 3-0.

Persons: Ross Colton, Charles LeClaire, Reilly Smith, Tristan Jarry, Lars Eller, Sidney Crosby, Alexandar Georgiev, Ivan Prosvetov, Smith, Georgiev, Bryan Rust, Evgeni Malkin, Devon Toews, Malkin, Eller, Radim Zohorna, Crosby Organizations: Colorado Avalanche, Pittsburgh Penguins, PPG Paints, Avalanche, Penguins, Colorado, NHL, Thomson Locations: Pittsburgh , Pennsylvania, USA, Pittsburgh, Colorado

☆ Lack of demand for US treasurys could be 'tipping point' for rate rise
▼ + stars: | 2023-10-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLack of demand for U.S. treasurys would be the 'tipping point' for rates to go 'even higher'Phillip Toews of Toews Asset Management warns that soft demand for U.S. treasurys could spark a "sea change".

Persons: Phillip Toews Organizations: U.S, Management

☆ What’s going on with China’s shadow banking system?
▼ + stars: | 2023-09-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

The world’s second-largest economy is grappling with growing financial distress, which means big problems for the nation’s nearly $3 trillion shadow banking industry. What’s happening: Shadow lenders, including trust firms, operate outside of the formal banking system. That’s because shadow banks are not just a problem in China. The key concern, said Towes, is whether Western organizations have loaned to shadow banks and are now vulnerable. Production cuts by OPEC+, which produces 40% of the world’s crude oil, have helped send oil prices higher in recent months, a development that could have repercussions for inflation and interest rates.

Persons: they’ve, ”, Phillip Toews, “ we’ve, Toews, that’s, Goldman Sachs, Matt Egan, That’s, It’s, “, Jan Hatzius, ” Hatzius, —, CNN’s Hanna Ziady, Brent, ” Stephen Innes Organizations: CNN Business, Bell, New York CNN, Asset Management, US, IMF, Global, Federal Reserve, West Texas, Organization of, Petroleum, Saudi Ministry of Energy Locations: New York, China, Beijing, Europe, Saudi Arabia, Russia, OPEC

☆ Nvidia set the market alight last quarter. Can it repeat the trick?
▼ + stars: | 2023-08-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —Artificial intelligence darling Nvidia’s upcoming earnings report could be a boost or a drag on a market already mired in the summer doldrums. Nvidia reached a $1 trillion market cap in May, becoming the ninth company to achieve that milestone. Tech stocks rose on Monday, indicating optimism among investors about Nvidia’s earnings. The tech-heavy Nasdaq Composite index on Monday gained 1.6%, marking its biggest one-day jump this month and stalling the recent sell-off in tech stocks. Tech stocks faltered somewhat on Tuesday, as weak retail earnings and elevated Treasury yields put pressure on stocks.

Persons: Jensen Huang, Phillip Toews, that’s, …, ”, Louis Navellier, Dan Ives, Jerome Powell, Anna Bahney, Read, Clare Duffy, —, X Organizations: CNN Business, Bell, CNN, Nvidia, Toews Asset Management, US Federal Reserve, Apple, Meta, Microsoft, Tesla, Navellier, Associates, Tech, Nasdaq, Wedbush Securities, Federal, Kansas City, Dow Jones, National Association of Realtors, NAR, Homeowners, Twitter Locations: Jackson Hole , Wyoming, Northeast, Midwest, West

☆ Buffer ETFs are growing with new funds from iShares, even as stocks rally
▼ + stars: | 2023-07-03 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

BlackRock's iShares launched two new defined outcome funds on Friday — the iShares Large Cap Moderate Buffer ETF (IVVM) and the iShares Large Cap Deep Buffer ETF (IVVB) . The moderate buffer fund is designed to shield investors from quarterly declines between 0 and 5%, while the deep buffer fund guards against quarterly drawdowns between 5% and 20%. Buffer funds saw a surge of investor interest in 2022, when their downside protection shielded customers from the bear market. Innovator has a wide offering of buffer funds, including a popular series of monthly funds that offer a 12-month investment horizon. BJAN YTD mountain The January buffer ETF from Innovator rallied in the first half, but not as much as the S & P 500.

Persons: BlackRock's iShares, Tim Urbanowicz, Urbanowicz, Phil Toews, Toews Organizations: Equity, Toews Corporation, JPMorgan

June 27 (Reuters) - Reka, an AI model startup founded by former researchers from Alphabet's DeepMind (GOOGL.O), has raised $50 million in a fresh round of funding from investors including Yuri Milner's DST Global Partners and Snowflake (SNOW.N), the companies told Reuters. Reka focuses on building large and specialized AI models for enterprise customers. Snowflake, which invested in the company, also announced a partnership to allow users to run third-party model providers like Reka within their Snowflake account. The partnerships came as Snowflake competitor Databricks acquired AI model training company MosacicML in a $1.3 billion deal on Monday. Yogatama said Reka has built both large models and proprietary model distillation technology to personalize models for specific use cases.

Persons: Alphabet's, Yuri Milner's, Christian Kleinerman, Databricks, Dani Yogatama, Yogatama, Rob Toews, Krystal Hu, Mark Potter, Anna Driver Organizations: Global Partners, Reuters, Nvidia, Radical Ventures, Thomson Locations: Snowflake, Reka, Toronto

June 27 (Reuters) - Reka, an AI model startup founded by former researchers from Alphabet's DeepMind (GOOGL.O), has raised $50 million in a fresh round of funding from investors including Yuri Milner's DST Global and Snowflake (SNOW.N), the companies told Reuters. Reka focuses on building large and specialized AI models for enterprise customers. Snowflake, which invested in the company, also announced a partnership to allow users to run third-party model providers like Reka within their Snowflake account. The partnerships came as Snowflake competitor Databricks acquired AI model training company MosacicML in a $1.3 billion deal on Monday. Yogatama said Reka differentiated by building both large models and proprietary model distillation technology to downsize models for specific use cases.

Persons: Alphabet's, Yuri Milner's, Christian Kleinerman, Databricks, Dani Yogatama, Yogatama, Rob Toews, Krystal Hu, Mark Potter Organizations: Yuri Milner's DST, Reuters, Nvidia, Radical Ventures, Thomson Locations: Reka, Toronto

☆ NHL roundup: Avs erase 2-goal deficit, edge Kraken
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +3 min

Alexandar Georgiev turned away 27 shots for the Avalanche, who overcame a two-goal deficit and evened the Western Conference series at 1-1. Justin Schultz and Brandon Tanev scored for the Kraken, Yanni Gourde assisted on both goals and Philipp Grubauer made 38 saves. Chandler Stephenson and William Karlsson each finished with a goal and assist and Jack Eichel scored his first career playoff goal for Vegas, which evened the best-of-seven series 1-1. Mitchell Marner added two goals and an assist for the Maple Leafs, who evened the best-of-seven series at one win apiece. William Nylander contributed a goal and an assist and Zach Aston-Reese scored a goal for Toronto.

☆ NHL roundup: Knights wrap up West's No. 1 seed
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +12 min

Reilly Smith, Alec Martinez and Chandler Stephenson scored for the Golden Knights (51-22-9, 111 points), who closed the regular season with an eight-game points streak (5-0-3). Liam O'Brien led the Coyotes with a pair of goals and Nick Schmaltz and added a goal and an assist. The Stars, who are looking to win a division title for the first time since the 2015-16 campaign, are atop the division. The Bruins set NHL records for most wins and most points in a single season. Tage Thompson scored his 47th goal of the season for Buffalo, which improved to 8-2-1 over its last 11 games.

☆ Key inflation data and earnings reports loom as labor market signals a slowing U.S. economy
▼ + stars: | 2023-04-06 | by ( Jesse Pound | ) www.cnbc.com time to read: +4 min

Fed officials have been pointing to the tight labor market as an area of concern for inflation, using it as evidence that it hasn't tightened rates enough. After months of strategists and investors complaining that earnings estimates are too high, they've started to fall — but with a catch. If the trough in earnings is close, then the stock market could be in for a big year. ET - Producer price index Friday: Earnings: UnitedHealth, JPMorgan Chase, Wells Fargo, BlackRock, Citigroup, PNC Financial 8:30 a.m. ET - Fed H.8 data on assets and liabilities of U.S. commercial banks

☆ Rough week for Alberta's ruling UCP casts shadow ahead of May election
▼ + stars: | 2023-04-02 | by ( Nia Williams | ) www.reuters.com time to read: +3 min

Polls show Alberta's election, scheduled to take place no later than May 29, will be a tight two-way race between the UCP and left-leaning New Democratic Party, led by Rachel Notley. "I think it will make a difference (to voters), it's going to keep coming up," Bratt said of the recording. "It's going to be reluctant conservatives in Calgary who are concerned about the judgment and trustworthiness of Premier Smith and this adds to questions about that." Smith became UCP leader and premier last October, replacing Jason Kenney, by appealing to grassroots UCP members in the traditionally conservative province. read moreLast week's controversies come just days after two senior Alberta government minister, Finance Minister Travis Toews and Environment Minister Sonya Savage, said they would not seek re-election.

☆ NHL roundup: Carter Verhaeghe nets career-best 4 goals in Panthers' win
▼ + stars: | 2023-04-02 | by ( ) www.reuters.com time to read: +9 min

Sabers 6, Flyers 3Alex Tuch scored his second career hat trick to help Buffalo to a win against host Philadelphia. Morgan Frost scored twice and Felix Sandstrom made 23 saves for the Flyers, who had their seven-game point streak snapped. Avalanche 5, Stars 2Nathan MacKinnon had two goals, Mikko Rantanen had a goal and three assists, and host Colorado beat Dallas. Ben Hutton, Zach Whitecloud and Brett Howden also notched goals for Vegas, which is 5-1-1 in its past seven games. J.J. Moser and Milos Kelemen scored for the Coyotes (27-37-13, 67 points), who have dropped seven straight games (0-5-2).

☆ Speculative bets are cool again and Reddit's army of retail investors is partying like it's 2021
▼ + stars: | 2023-02-23 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

And yet, despite the dip this week, markets right now are brimming with bullishness — and Reddit-loving retail investors are partying like it's 2021. Retail investors are rebuffing Jerome Powell in piling into speculative assets. Remember, at the start of the pandemic, government stimulus and near-zero interest rates gave retail investors the perfect opportunity to lay down speculative bets. "With all of these headwinds, retail investors are jumping in on maybe some ill-conceived optimism," Goldman said. But economic data be damned, retail investors are still piling into the riskiest corners of the market.

☆ Blackhawks' Toews stepping back to deal with long COVID symptoms
▼ + stars: | 2023-02-19 | by ( ) www.reuters.com time to read: +1 min

Feb 19 (Reuters) - Chicago Blackhawks captain Jonathan Toews announced on Sunday that he is stepping back while he deals with symptoms of long COVID-19 and chronic immune response syndrome. Toews, who has won three Stanley Cup titles with the NHL's Blackhawks and two Olympic gold medals representing Canada, last played on Jan. 28 before taking a break to focus on his health. "It has been really challenging to play through these symptoms," Toews said in a statement. "I am thankful for the patience and support of my teammates, the coaching staff, and the entire Blackhawks organization." Toews was selected third overall by Chicago in the 2006 NHL Draft and was named captain in 2008.

☆ NHL roundup: Auston Matthews' return boosts Leafs
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +4 min

[1/6] Feb 15, 2023; Toronto, Ontario, CAN; Toronto Maple Leafs right wing William Nylander (88) battles for the puck with Chicago Blackhawks defenseman Caleb Jones (82) in front of Blackhawks goaltender Petr Mrazek (34) during the third period at Scotiabank Arena. Mandatory Credit: Nick Turchiaro-USA TODAY SportsFebruary 16 - Auston Matthews had a goal and an assist in his return after missing five games with a sprained knee, helping the Toronto Maple Leafs earn a 5-2 win over the visiting Chicago Blackhawks on Wednesday night. The Maple Leafs went 2-3-0 while Matthews was out. Conor Timmins added a goal, and the Maple Leafs goalie Ilya Samsonov made 27 saves. Lazar and defenseman Oliver Ekman-Larsson left due to lower-body injuries, and goalie Arturs Silovs stopped 22 shots in his NHL debut.

☆ NHL roundup: Adrian Kempe, Kings pound Penguins
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +10 min

Mika Zibanejad scored his 27th goal, Kaapo Kakko also found the net and Vincent Trocheck and Jimmy Vesey each added two assists. Carolina's Sebastian Aho saw his six-game goal streak end. Blues 6, Coyotes 5 (OT)Ryan O'Reilly scored the winning goal 1:02 into overtime to lift St. Louis past visiting Arizona. Scott Wedgewood made 28 saves in his first appearance since blanking the Los Angeles Kings 4-0 on Jan. 19. Jonatan Berggren scored two goals, Filip Hronek scored a goal, and Ben Chiarot had two assists for the Red Wings.

☆ NHL roundup: Panthers rally late, nip Bruins in OT
▼ + stars: | 2023-01-29 | by ( ) www.reuters.com time to read: +8 min

Barkov also assisted on Brandon Montour's goal, and Sam Bennett scored for the Panthers. Anders Lee also scored for New York, which won its second straight game and prevailed for just the third time in 13 games (3-7-3). Carrier scored the only goal for Vegas, which lost its fourth straight game (0-2-2) and fell for the seventh time in eight games (1-5-2). Jaret Anderson-Dolan and Phillip Danault scored goals for the Kings, whose three-game winning streak ended. Colorado forward Valeri Nichushkin sat out for the second straight game with an upper-body injury.

☆ NHL roundup: Hot at home, Lightning stop Bruins' road run
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +6 min

Blackhawks 5, Flames 1Boris Katchouk, Jason Dickinson and Sam Lafferty scored in the second period as visiting Chicago collected four unanswered goals and beat Calgary. Jaxson Stauber made 34 saves, 18 in the third period, in his second NHL start. Travis Boyd and Barrett Hayton also scored for the Coyotes, who won for just the third time in 15 games. St. Louis' Robert Thomas was knocked out of the game midway through the second period when he absorbed a slap shot in his midsection. Noah Cates and Tony DeAngelo each scored one goal for the Flyers, who dropped their third game in a row (0-1-2).

☆ NHL roundup: Connor McDavid lifts Oilers over Lightning
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +8 min

The Lightning received a goal and an assist from Brayden Point, and Brandon Hagel and Steven Stamkos scored. Victor Hedman posted two assists while Andrei Vasilevskiy stopped 28 shots but lost for the first time in five games. Kyle Connor scored for the Jets, who lost for the third time in their past 11 games. Matthew Tkachuk, who leads Florida with 24 goals, scored twice with the man advantage. Colton Sissons and Mattias Ekholm scored for the Predators, whose two-game win streak came to an end.

☆ NHL roundup: Steven Stamkos nets No. 500 as part of hat trick
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +4 min

Mandatory Credit: Bob Frid-USA TODAY SportsJanuary 19 - Steven Stamkos recorded a hat trick that included his 500th NHL goal, leading the Tampa Bay Lightning to a 5-2 road win over the host Vancouver Canucks on Wednesday. With the three goals, Stamkos moves into a tie for 45th on the all-time goals list, joining Hall of Famer Joe Mullen with 502 career goals. 501 for Stamkos came less than 10 minutes later, and he completed the hat trick with an empty-netter late in the third period. Nick Bonino had a goal and an assist and Timo Meier, Steven Lorentz and Logan Couture also scored goals for the Sharks. Jason Robertson, Ty Dellandrea and Radek Faksa scored goals for Dallas, Miro Heiskanen added two assists and Jake Oettinger stopped 23 shots.

☆ FTX money trails leading to politicians, media, and other crypto exchanges point to the deep influence of Sam Bankman-Fried
▼ + stars: | 2023-01-19 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Here's what Bankman-Fried seemed to be aiming at: Stash money with all the right people, while lobbying for policy favorable to FTX. As CoinDesk reported this week, 37% of Congress took money from Bankman-Fried and other FTX executives. House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer were among the 196 senators and representatives that received funds. Other lawmakers included some who were just sworn into congressional ranks this month, which points to Bankman-Fried possibly seeking to hold sway over new members. GOLDMAN SACHS stock price on Jan. 19, 2023 Markets Insider10.

☆ Behavioral investing expert Phil Toews sees upside for stocks and bonds now — but warns investors that a bigger, longer-lasting downturn might be on the way
▼ + stars: | 2023-01-18 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Phil Toews is the CEO of Toews Asset Management, which has more than $2 billion in assets. Phil Toews has made a name for himself with defensive-oriented investing, so it's something of a surprise to hear he's taking some risks these days. Toews is the CEO and a portfolio manager at Toews Asset Management, which manages more than $2 billion in assets. One major reason is that stocks look expensive when a recession might be approaching. Toews says that stocks keep making short-term rallies because investors think the Federal Reserve is about to pivot and take a more dovish approach to interest rates.

☆ NHL roundup: Caps rally for OT win over Islanders
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +8 min

Lightning 4, Kraken 1Andrei Vasilevskiy made 22 saves as Tampa Bay put an end to visiting Seattle's franchise-record, eight-game winning streak. Penguins 4, Ducks 3 (OT)Jake Guentzel scored off a two-on-one with Sidney Crosby 33 seconds into overtime to give Pittsburgh a win over visiting Anaheim. Jamie Benn, Joel Kiviranta, Ryan Suter and Tyler Seguin scored goals for Dallas, which snapped a two-game losing streak. Flyers goalie Carter Hart was pulled in the second period as Philadelphia had a three-game win streak snapped. Ottawa is mired in a 1-4-0 rut and has scored six goals in its past four games.

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