The UK government’s stake in NatWest has decreased to 11.4% after the bank repurchased £1 billion worth of shares, moving closer to full privatization as chancellor Rachel Reeves abandoned plans for a public share sale. NatWest’s share price has nearly doubled in the past year, reaching its highest levels since 2015, driven by strong performance and higher-than-expected profits. Reeves cited concerns over value for money in canceling the public sale, disappointing retail investors who are important backers of UK companies according to Hargreaves Lansdown’s Sarah Coles.
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Tiger Global's Chase Coleman Just Dumped Datadog and Piled Into This Beaten-Down Payments Stock
Hedge fund manager Chase Coleman, a notable "Tiger Cub," founded Tiger Global in 2001 after working under Julian Robertson at Tiger Management. In Q1 2025, Tiger Global divested its stake in Datadog (NASDAQ: DDOG), a cloud monitoring platform, and increased its investment in the struggling payments company Block (NYSE: XYZ). Datadog aids businesses in managing complex cloud operations with real-time data, emphasizing its relevance in today's cloud-centric environment. Full Article
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