“I’m going to take a break for now,” Cohen said in a statement

Hedge Funds

Steve Cohen, the billionaire owner of Point72 Asset Management, has deleted his Twitter account after receiving personal threats.

The New York Mets owner faced a backlash on Twitter last week after Melvin Capital,

 which lost billions on its short bet on soaring shares of video retailer GameStop,

 a $2.75bn investment from Point72 Asset Management and Citadel on 25 January.

Billionaire hedge fund manager Steven Cohen deletes Twitter account after receiving threats

‘I’m going to take a break for now,’ Cohen said in a statement

FN Staff

Twitter

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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