What you need to know on Wall Street right now

pulse

February 8, 2017 7:08 PM

Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours.

Seth Klarman, president and CEO of the The Baupost Group

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.

Elliott Associates. Bridgewater. Baupost. They're some of the biggest names in investing. They're also warning of increasing risks in the stock market.

A $200 billion investor just made "a special decision," and it highlights a huge risk in the stock market
Blackrock CEO Larry Fink is worried about two impending crises he sees for the US
ROUBINI: The Trump rally is about to smack into a wall of worry
A $30 billion hedge fund's foreboding letter on Trump starts with quotes from The Joker, "Lord of the Flies," and Thomas Jefferson
United Airlines CEO: Trump's Mexico wall is "damning and damaging" to America
" rel="noFollow"What the president says, I have money riding on": The ripple effects of Trump's import-tax plan
UNDER ARMOUR CEO: Trump is "a real asset for the country"
Trump reportedly called his national security adviser at 3 a.m. to ask if the US wanted a strong or weak dollar

In hedge fund news, one of the most senior women in the hedge fund industry has left Dan Loeb's Third Point. And Hillary Clinton's son-in-law is reportedly shutting down his hedge fund.

And in deal news, Moelis beat Wall Street giants to be the sole adviser for the soon-to-be most valuable public company on earth.

the International Monetary Fund said in a staff report. And Greece’s crisis flare-up couldn’t come at a worse time for France, according to Business Insider's Pedro da Costa.

nside story of Fling, a startup whose founder partied on an island while his company burned through $21 million.

The case for why Amazon should buy Macy's - sell itself to Saks owner Hudson's Bay

Bitcoin dropped sharply and suddenly on more news out of China - Bloomberg reported

A $2.3 billion European payment business backed by Mark Zuckerberg and Jack Dorsey grew by 80% last year -

Short sellers are getting steamrolled by Tesla - Tesla

Apple can't avoid its $13 billion tax bill through Trump's tax reforms, EU says- With President Trump talking about tax reform, is there a chance that Apple will be able to get out of its €13 billion Irish tax bill altogether? The short answer from the EU is: no.

Disney beat on earnings despite struggles at ESPN -

Buffalo Wild Wings tumbles after missing big across the board -

pulse

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng