Ken Griffin’s Citadel bets £300mn against drugmaker GSK

Read more at Financial Times
-
Citadel CEO Ken Griffin says Trump's 'bombastic' trade rhetoric is eroding trust in the U.S.
Citadel CEO Ken Griffin sent a stern warning Tuesday against the negative impact from President Donald Trump’s combative approach to U.S. trade policy.NBC News - Feb. 11 -
Ken Griffin says Trump's 'bombastic' trade rhetoric is a mistake that's eroding trust in the U.S.
The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.CNBC - Feb. 11 -
Merck In Talks to Buy Cancer Drugmaker Springworks
After a slow 2024, dealmaking in the U.S. healthcare sector is picking up.Inc. - Feb. 10 -
NFL picks, Chiefs vs. Eagles odds, bets: Super Bowl 59 expert predictions against the spread, betting props
SportsLine's top NFL experts reveal their NFL picks, NFL predictions, NFL betting tips, NFL parlay, and NFL best bets for Chiefs vs. Eagles in Super Bowl 2025CBS Sports - Feb. 9 -
CVS CEO defends pharmacy middlemen, accuses drugmakers of 'monopolistic' practices
CVS CEO David Joyner's comments come as lawmakers on both sides of the aisle and President Donald Trump have signaled interest in cracking down on PBMs.CNBC - Feb. 12 -
If the AI Roundheads go to war with tech royalty, don’t bet against them | John Naughton
Silicon Valley wants to spend a fortune on the fantasy of human-level intelligence. But there are more practical and valuable things to achieve. There’s a moment in the 1967 film The Graduate ...The Guardian - 5d -
Champions League expert picks, predictions, best bets: Can Manchester City come back against Real Madrid?
After a day of upsets on Tuesday what will Wednesday bring in the Champions League knockout round playoffs?CBS Sports - 1d -
Short seller Carson Block says don’t bet against Elon Musk, steer clear of China stocks
Elon Musk may have changed his views about electrifying the economy, Carson Block said.MarketWatch - 1d -
Farah Griffin: Trump 'giving himself distance' by putting Musk in charge of massive cuts
Former White House staffer Alyssa Farah Griffin said President Trump is “giving himself distance” by placing Elon Musk in charge of controversial cuts to federal spending at various agencies. ...The Hill - Feb. 12
More from Financial Times
-
US objects to phrase ‘Russian aggression’ in G7 statement on Ukraine
Trump administration splits with allies on holding Moscow responsible for warFinancial Times - 1h -
Ukrainians rigged Russian drone pilot goggles with explosives, officials say
Mossad pager attacks inspired sabotage by Kyiv’s defence intelligence unitFinancial Times - 6h -
European stocks outpace Wall Street since Trump took office
Surprise outperformance driven by lack of day-one tariffs on EU and prospect of end to Ukraine warFinancial Times - 1h -
The Maga-fied right is missing Britain’s real crisis
It’s not a terminal moral malaise that’s blighting the country, it’s an economic oneFinancial Times - 7h -
US tech will pay a price for Trump’s approval
The risks of a backlash are rising and could galvanise European competitorsFinancial Times - 1h
More in Business
-
Gold may soar past $3,000 — but at these prices you’re overpaying
Why you can expect below-average returns from gold in coming years.MarketWatch - 20m -
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.The New York Times - 21m -
Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.The New York Times - 28m -
Stagflation-like trend can’t be ruled out, Fed’s Musalem says
The U.S. economy is facing the potential risk of a period in which the labor market softens as inflation heats up, St. Louis Federal Reserve Bank President Alberto Musalem said on Thursday.MarketWatch - 30m -
Amazon surpasses Walmart in revenue for first time
Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.CNBC - 40m