David Tony - Profile and Journalist Details
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David Tony
Verified
Deputy Editor, CNN Underscored
Beats
Policy and politics economics corporate and financial markets news
products, baby items
Content
By Sumit Roy, David Tony Verified, DJ Shaw Verified| etf.com Verified The first U.S.-listed Solana ETFs, the Solana ETF (SOLZ) and the 2x Solana ETF (SOLT), dipped in their first day of trading today. The Volatility Shares funds hold Solana futures contracts, which began trading on the CME earlier this week. SOLZ dipped 0.7% before noon while SOLT lost 1.9%. Solana is a smart contract platform that competes with Ethereum.
By DJ Shaw Verified, David Tony Verified, Mallika Mitra Verified| etf.com Verified The recently launched SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) garnered widespread attention for its groundbreaking approach to private credit investing, but analysis reveals a gap between its marketing and reality. According to a research report from CFRA, the fund received Securities and Exchange Commission approval to exceed the standard 15% limit on illiquid securities stipulated in the Investment Company Act of 1940.
By Joanne Cleaver Verified, Paul Curcio, David Tony Verified| CNN Verified Money Investing By Joanne Cleaver Paul Curcio David Tony, CNN Underscored Money Published 7:00 AM EDT, Thu October 31, 2024 Link Copied! vm/iStock Decades ago, hedge funds were concocted by money managers who wanted to take advantage of rapid or dramatic shifts in the market — making fast trades to “hedge” their portfolios when the market dropped. But since then, the term “hedge fund” has become a catchall for a variety of “alternative” assets that include ownership in privately held...
Company Info
CNN Underscored
CNN Business is the business news division of CNN, which was founded in 1980 as the first 24-hour cable news channel. Based in Atlanta, Georgia, CNN is a subsidiary of Warner Bros. Discovery. CNN Business provides extensive coverage of global financial markets, economic trends, corporate news, technology, and personal finance. The platform offers a range of content formats, including real-time news articles, video segments, live broadcasts, market data, and financial analysis tools. It also features special reports on significant economic events and corporate developments. CNN Business serves individual investors, business professionals, and general audiences by delivering reliable and timely information to support informed financial decisions and understanding of market dynamics.
New York, New York, United States
+1 404-827-3326
Founded: 2001