Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Litigation funder Burford Capital says it stands to gain up to $1.4B after a US jury ruled against Apple in a patent case, awarding $5.7B in damages to Taction (Stefania Palma/Financial Times)

Litigation funder's share price jumps 9% after US jury's decision — Litigation funder Burford Capital said it stands to gain …

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at ft.com →

More in Finance & Markets

Rates trader opts for Millennium after accepting Point72 offer

Matteo Sardo, a rates-focused portfolio manager who previously worked at Taula Capital Management, has withdrawn from an agreement to join Point72 Asset Management and instead is returning to…

  • Matteo Sardo, rates trader, leaves Point72 offer
  • Returns to Millennium Management in Milan
  • Competition among hedge funds for top talent

Hedge funds circle Firmus as $7bn IPO creates potential short opportunity

Hedge funds and other short sellers are watching closely as Australian AI infrastructure company Firmus prepares for a potential $7bn listing on the ASX, with the stock expected to attract positions…

  • Australian AI infrastructure firm Firmus prepares $7bn ASX IPO
  • Potential short selling opportunity as hedge funds monitor stock
  • SpaceX example shows AI IPOs can generate massive short profits

More from Monday 28 September →