Business
Ken Griffin’s Citadel Made $16 Billion Profit Last Year
Ken Griffin’s Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry and one of history’s most successful financial plays.
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Read more about this story on bloomberg.com: https://www.bloomberg.com/news/articles/2023-01-23/citadel-makes-16-billion-to-top-paulson-s-greatest-trade-ever
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Business
Amazon Rallies as Morgan Stanley Sees Major AI Upside | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Bailey Lipschultz, Carol Massar and Norah Mulinda.
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Business
Stocks Retreat From Records as Oil & Yields Stay Elevated
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Glenmede Chief of Investment Strategy and Research Jason Pride, Nuveen Head of Fixed Income Tony Rodriguez, Citi Senior Equity Research Analyst Ari Rosa, QTS Co-CEO Tag Greason, Raymond James Global Head, Private Capital Advisory Sunaina Haldea, Needham Senior Research Analyst John Todaro, Genesys Chairman & CEO Tony Bates, JLL Hotels & Hospitality, Americas CEO Kevin Davis, & HGTV Host & Author Tarek El Moussa.
Chapters:
00:00:00 Bloomberg The Close
00:02:23 Jason Pride on Earnings, Valuations & Bond Opportunities
00:05:16 Bull Market Risks, AI & Portfolio Positioning
00:08:31 Small Caps, Higher Rates & International Stocks
00:11:23 Nuveen on Inflation, Oil & the Bond Market
00:14:13 Fed Rate Hikes, Credit Supply & AI Debt
00:16:49 Top Calls
00:18:02 Citi on XPO, Freight Demand & the Trucking Market
00:21:22 Freight Consolidation & C.H. Robinson’s RXO Deal
00:23:00 QTS Co-CEO on AI Data Centers & Community Backlash
00:26:22 Data Center Jobs, Energy Costs & Infrastructure
00:29:23 Data Center Regulation & Responsible Development
00:31:34 Apple & LG Push Deeper Into the Smart Home
00:34:00 Siri, Home Security & Apple’s AI Strategy
00:36:40 Raymond James on Yields, Private Markets & M&A
00:39:01 AI Financing, Private Credit & Refinancing Risks
00:42:01 M&A Liquidity, Geopolitics & Market Risks
00:43:06 Closing Bell
00:46:00 Market Movers: Micron, Black Hills & Moderna
00:48:04 SpaceX Financing, Webull & Industrial Stocks
00:50:02 Nike Management Shakeup & Bond Market Volatility
00:52:29 New Jersey’s Rising Cost of Living
00:54:40 Market Recap: Fed Minutes, Oil & European Risks
00:56:25 Levi Strauss Earnings & Applied Digital
00:59:24 Applied Digital, Data Centers & AI Capacity
01:01:25 Levi’s Earnings & Lululemon’s New Leadership
01:04:17 Midterm Elections, Deficits & Market Risks
01:06:48 Tariffs, Energy Policy & the Consumer
01:09:02 Genesys CEO on Meta’s Personal AI Agent Protocol
01:12:01 AI Privacy, Trust & Industry Guardrails
01:15:24 Hotel Investment Rebounds Despite Higher Rates
01:18:02 Private Equity, Wealthy Buyers & Hotel Demand
01:21:22 Tarek El Moussa on 7.5% Mortgages & Housing
01:24:15 AI, Distressed Homes & the House-Flipping Market
01:26:42 Commercial Real Estate & Housing Market Risks
01:28:10 What to Watch
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Business
Asian Chip Stocks Extend Losses
“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Haidi Stroud-Watts and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:01:13 – Traders brace for volatility surge as AI jitters spread
00:09:39 – BREAKING: Putin proposes meeting with Trump and Xi on Ukraine: WSJ
00:13:52 – Citigroup’s Chief Asia Economist Johanna Chua on China’s economic outlook
00:21:28 – Zelenskyy: Trump pushing Ukraine to yield to Russia
00:26:05 – US stock futures bounce following tech rout
00:29:12 – EXCLUSIVE: Aberdeen CEO Jason Windsor on the next test for AI investments
00:34:49 – Japan’s Takaichi prepares to mark one year in office
00:38:05 – Japan Foresight’s Tobias Harris on the challenges ahead for Takaichi
00:47:29 – Markets open in Japan, South Korea
00:51:07 – UBS’ Xi Qiao on market sentiment
01:00:14 – China expected to post sub-4.5% GDP growth
01:04:29 – Macron vows legal action, calls for order amid violent unrest
01:08:39 – Putin floats Ukraine summit with Trump, Xi: WSJ
01:13:35 – Cornell University’s Kaushik Basu weighs in on US-China AI race
01:25:48 – Chinese tech trade in focus on new Deepseek model, CXMT earnings
01:28:16 – EXCLUSIVE: India’s science and technology minister talks AI, nuclear energy
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Business
GM Slides as CEO Barra Warns of ‘Intensifying’ Challenges
General Motors Co. shares fell as shareholders focused on a narrower profit outlook despite plans for another $20 billion in stock repurchases. The company now sees 2026 adjusted earnings before interest and taxes in a range of $14.5 billion to $15.5 billion, compared with the $14 billion to $16 billion range it projected in July. Bloomberg’s Craig Trudell joins to discuss.
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Business
Zelenskyy Says Trump Pushing Ukraine to Surrender, France Reels From Violence
French President Emmanuel Macron said the country felt anger and shame following widespread violence over the weekend and called for order to be restored. Protests in several cities descended into clashes between police and demonstrators, sparking some of France’s worst street violence in years, with looting and landmarks set on fire. The violence is raising alert levels across Europe, where elections will be held in at least half a dozen countries next year.
Ukrainian President Volodymyr Zelenskyy accused Donald Trump of trying to pressure Kyiv into surrendering to Russia, escalating a week-long row with the US president. In an interview with Bloomberg in Kyiv, Zelenskyy also offered a new proposal to accede to Trump’s request to stop targeting Russian refineries, which was aimed at combating high diesel prices, in exchange for deliveries of more Patriot air-defense missiles.
China nudged economic growth back into Beijing’s target range in the third quarter, in a surprise rebound powered by factory production and the artificial intelligence supercycle that are largely failing to feed into stronger domestic demand.
Today’s guests: Shoqat Bunglawala, Goldman Sachs Asset Management EMEA Head of Multi-Asset Solutions; Hanna Notte, James Martin Center for Nonproliferation Studies Eurasia Program Director
—
“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse
00:02:00 – France’s government under pressure amid protest violence
00:06:41 – Shoqat Bunglawala, Goldman Sachs Asset Management EMEA Head of Multi-Asset Solutions
00:15:59 – Zelenskyy says Trump pushing Ukraine to yield to Russia
00:16:54 – Hanna Notte, James Martin Center for Nonproliferation Studies Eurasia Program Director
00:25:14 – Monday headlines
00:25:33 – European gas rises to highest since late 2022
00:28:29 – China’s growth rebound tops forecasts
00:30:15 – AI firm NSacle faces investor pushback over IPO valuation
00:34:16 – The Big Take: For Three Buffetts, a $150 Billion Puzzle Over Father’s Riches
00:41:45 – French assets under pressure after major weekend protests
00:47:22 – French bond futures underperform Bunds
——–
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@cornycorn8688
January 5, 2024 at 10:16 am
company should be worried very careful when going public unless your like apple etc.. be ready for paid fake news, shorting, try and send you to prison, games, infiltration, double agents please let me know cause I cant lol
@vass70
January 5, 2024 at 10:16 am
So corrupt. How can a market maker also be connected to a hedge fund?
@hansiejawol746
January 5, 2024 at 10:16 am
65 billion dollars short not yet purchased back or citadel will be bankrupt. Ha!! All a show
@roysmith9149
January 5, 2024 at 10:16 am
When your a market maker and you can see the flow of the market it's not surprising
@albertovalentini7354
January 5, 2024 at 10:16 am
Kenneth personale income are incredible, considering Citadel and Citadel Securities huge returns
@yassine_khaoua
January 5, 2024 at 10:16 am
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
@rogerverijao56
January 5, 2024 at 10:16 am
Citadel is fucked any day now. It’s incredible how the ceo is so incompetent having such a high degree of education.
@devonbradley474
January 5, 2024 at 10:16 am
65 billion purchase that yet sold. You thief, white-collar crime bedpost Griffin.
@devonbradley474
January 5, 2024 at 10:16 am
Madoff Junior on steroids you rob innocent people every day be ashamed bedpost
@devonbradley474
January 5, 2024 at 10:16 am
Kenneth Cordele bedpost Griffin, Financial Terroist
@warriorsnake1
January 5, 2024 at 10:16 am
I hate the media you crooks. Ken pos mayo griffin is a total criminal who has rigged the market in his favor. Dark pools with Citadel connect, naked shorts, this guy is a total piece of trash. Stop glorifying criminals for robbing hard working common folk you fking pigs
@warriorsnake1
January 5, 2024 at 10:16 am
Yeah from ripping people off you fking morons
@swesimon3925
January 5, 2024 at 10:16 am
$12B in Fees and $4B in profits ???
@MrJohnnyLondon
January 5, 2024 at 10:16 am
As of 2021
Citigroup LTD – $65.9 Billion securities sold, not yet purchased.
Citadel Securities- $65.7 Billion securities sold, not yet purchased.
Susquehanna – $78.9B securities sold, not yet purchased.
Let’s add Morgan Stanley’s $102 Billion in securities sold, not yet purchased..
That’s a total of $314.59 Billion dollars worth of securities sold but NEVER purchased!!! As of 2021
That is only 4 Wall St hedge funds.
DOJ, SEC , DTCC, GARY GENSLER??? Any comment??? How
Come no margin calls??
Anyone else would be in jail. They have to pay up!!!!! The US Government is complicit.
War and Covid have nothing to do with the current state of the markets It’s Ken Griffin AKA. (Bernie Madoff 2.0) greedy bastards.
@axmmcmxviaxm7072
January 5, 2024 at 10:16 am
Numbers… close all short positions Kenny and you're screwed.
@j.k7665
January 5, 2024 at 10:16 am
Ken Griffin and all his LLC's companies are nothing else but scam.
@kingkemet2527
January 5, 2024 at 10:16 am
To performed this good in which is considered a down year for the hedge fund industry Ken might be the greatest hedge fund manager ever!!
@Gamja1344
January 5, 2024 at 10:16 am
Lol this guy is a criminal
@stoplying2267
January 5, 2024 at 10:16 am
Really…with 65 billion securities sold, but never purchased.
The Media is ridiculous to put this BS out!
@larrycalloway947
January 5, 2024 at 10:16 am
She's talks a bunch garbage probably on Kenny's payroll to talk this shzt
@larrycalloway947
January 5, 2024 at 10:16 am
He's a friggin liar why did he restrict people pulling their money out wide range of strategy nothing but criminal activity
@taterthot1184
January 5, 2024 at 10:16 am
Guys… reroute your orders to IEX
@wallacesouza2678
January 5, 2024 at 10:16 am
Successful people don't become that way overnight. Most people you see as glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray anyone who reads this will be successful in life
@MenasePmc
January 5, 2024 at 10:16 am
Sounds like they made off this year
@Dillermans
January 5, 2024 at 10:16 am
Yeah, of course they did!
If I had quantum supercomputers, access to vastly asymmetrical information, and regulators looking the other way, then I would be too!
@kazineamulalam4069
January 5, 2024 at 10:16 am
If a casino plays it's own machines, is it cheating?
@stevielevy901
January 5, 2024 at 10:16 am
Crime.
@Supernova56487
January 5, 2024 at 10:16 am
Dodd frank Volcker rules don't apply to citidel. They 💯 have access to ther market maker book . Killed the banks prop desks with Volcker and Frank but this dude is allowed to run a hedge fund unreal .
@davidsangelourlifeourway6284
January 5, 2024 at 10:16 am
How do you get 16 billion in a year that you borrowed money and limited withdraws for your customers. Ken Griffin is Madoff 2.0
@Sam-jw3xs
January 5, 2024 at 10:16 am
Look at Bloomberg doing Ken Griffins Bidding. If Madoff is the MOnster on Wall Street than Ken Griffin is the Devil. Bloomberg, you know this is one BIg Ponzi Scheme Bigger than Madoff. Allegedly. You're as bad as Ken Griffin and Shitadel.
@larrycalloway947
January 5, 2024 at 10:16 am
Stealing not earning
@pauldrew3696
January 5, 2024 at 10:16 am
Is anyone listening to this rubbish not laughing now?
@amariyahisrael1374
January 5, 2024 at 10:16 am
Because of 65 billion of securities sold not yet purchased! If I sell you something and never delivered it to you I’ll be up 16B too.
@kiklocus4660
January 5, 2024 at 10:16 am
you all wondering where did you money go ? here it is to ken griffins pocket.. biggest scum on earth steals our money for PFOF and he uses it run his hedge fund.
@js1465s
January 5, 2024 at 10:16 am
12 months before they go bust.
@Hedgetrimmer
January 5, 2024 at 10:16 am
Or…hear me out…they are running a Ponzi scheme where they create infinite shares. They have 65billion shares sold not yet purchased. If I sold something I didn’t own I’d go to jail, why is it ok for them to do it?
@rodolfoquiroz7819
January 5, 2024 at 10:16 am
While many millions go without clean water, without a proper meal. the sick without proper medical care. This world is truly sick.these ba$tard$ are sickening.
@Ballislife55429
January 5, 2024 at 10:16 am
These stank in hedgies will burn
@mud3763
January 5, 2024 at 10:16 am
Why he is not in jail yet ??? WHY!
@diegoalejandro722
January 5, 2024 at 10:16 am
I've been trading for a few months but there are no good returns rather I lose and exploit my account , but I'm really amazed to negotiate with Mrs. CAMILA Strategies.