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Investing Playbook

Saudi prince made $500M Russia bet at start of Ukraine war

Saudi Arabia's Kingdom Holding Co., the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million in Gazprom, Roseneft and Lukoil between February and March, regulatory filings showed.

SEC investigating Melvin Capital Management

The SEC is investigating Melvin Capital Management's risk controls and investor disclosure after the hedge fund was crippled by the meme-stock rally last year.