Diamond Hill Capital, an investment management company, released its “Long-Short Fund” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The portfolio achieved positive returns in Q4 but trailed the Russell 1000 Index and outperformed the blended benchmark (60% Russell 1000 Index/40% Bloomberg US Treasury Bills 1-3 Month Index). The short […]
Dow Jones Futures Fall: Tesla stock surged Monday ahead of Q2 deliveries. And Fed Chairman Jerome Powell will give a speech Tuesday.
SYDNEY (Reuters) -New Zealand's conservative coalition government will proceed with a bill that would make it compulsory for digital technology platforms to pay media companies for news, it said on Tuesday. The bill is being introduced as New Zealand media companies struggle against technology firms for advertising dollars, leading them to find new ways to provide news programming. The Fair Digital News Bargaining Bill, introduced last year by the previous Labour government, will be presented in Parliament with amendments to support "our local media companies to earn revenue for the news they produce", Communications Minister Paul Goldsmith said.