financetom
Business
financetom
/
Business
/
Third Point's Loeb expects favorable stock investment environment, letter says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Third Point's Loeb expects favorable stock investment environment, letter says
Feb 4, 2025 11:56 AM

NEW YORK (Reuters) - Billionaire investor Daniel Loeb is betting 2025 will bring a more favorable stock investing environment despite the Trump administration's "unconventional" approach to announcing and enacting new policies.

Loeb's hedge fund Third Point is already reaping the benefits, he told clients in a letter seen by Reuters, with the firm's flagship TP offshore fund up 3.3% in January after finishing last year up 24.2%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Brown & Brown's profit rises on higher income from fees
Brown & Brown's profit rises on higher income from fees
May 25, 2025
April 28 (Reuters) - Insurance brokerage Brown & Brown ( BRO ) reported a 13% rise in first-quarter profit on Monday, benefiting from higher income from commissions and fees. Insurance brokerages, such as Brown & Brown ( BRO ), serve as a bridge between an insurer and customers, helping clients find a policy that best suits their needs. Unlike insurers,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
US steelmaker Nucor tops quarterly estimates on higher spot prices
US steelmaker Nucor tops quarterly estimates on higher spot prices
May 25, 2025
April 28 (Reuters) - U.S. steelmaker Nucor Corp ( NUE ) beat analysts' estimates for first-quarter revenue and profit on Monday, helped by strength in its mills segment operations. The segment, which produces steel sheets, plates, bars and structural steel, reported a 10% rise in total shipments to 6.4 million tonnes. Steelmakers benefited from a rise in spot prices of...
Hubspot Insider Sold Shares Worth $408,000, According to a Recent SEC Filing
Hubspot Insider Sold Shares Worth $408,000, According to a Recent SEC Filing
May 25, 2025
05:21 PM EDT, 04/28/2025 (MT Newswires) -- Yamini Rangan, Director, Chief Executive Officer & President, on April 24, 2025, sold 680 shares in Hubspot ( HUBS ) for $408,000. Following the Form 4 filing with the SEC, Rangan has control over a total of 79,863 common shares of the company, with 71,693 shares held directly and 8,170 controlled indirectly. SEC...
Copyright 2023-2026 - www.financetom.com All Rights Reserved