Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
'Nostradamus of AI' Leopold Aschenbrenner didn't have the crystal ball seeing hedge fund portfolio dip 67%
The celebrated crystal ball of the “Nostradamus of AI” hasn't merely gone cloudy — it has rolled off the table and shattered on the parlor floor. Wall Street breathed a huge sigh of relief last week as an AI-focused hedge fund…
Can love make up for a $45 billion hedge fund blowup?
Tongues are always wagging in San Francisco — and The Waggle is always listening. Got some tea to spill in our weekly gossip column? Email us at [email protected]. Your wedding day is supposed to be one of the most memorable moments of your…
America Is Great at Creating Stock Market Bubbles-and Shrugging Them Off
Boom-bust cycles now happen in the blink of an eye. The memory-chip bubble inflated and popped, complete with wild volatility and an imploding hedge fund, in just four months. Trillions of dollars were created out of thin air and then eviscerated.
Looking at just the odds isn't enough. How traders gain an edge on prediction markets
Between Polymarket and Kalshi alone, there can be over 100,000 active markets. That's too much for one prediction market trader to juggle on her own. From using AI bots to purchasing an antenna, traders rely on tools and peculiar methods to compete…
The head of a $418 billion asset manager details how to evaluate funds when they're blowing up
While no investor wants to see a blowup in their portfolio, not all meltdowns are created equally. Institutional investors, the so-called smart money, have to decide whether the manager made a bad investment or a bad decision. 'What I say is most…
From a Fed decision to Big Tech earnings: What drove last week's volatile market
Wall Street got back to its winning ways last week after navigating a hawkish Federal Reserve meeting, volatile swings in chip stocks, and a critical round of Big Tech earnings. The Dow Jones Industrial Average rose 1% for the week, snapping a…
A Prominent AI Investor Is Now Crumbling, in What Could Be a Sign of Things to Come
Can't-miss innovations from the bleeding edge of science and tech Suddenly, things ain't looking great for the AI industry. Or at least for the people pouring loads of money into it. Situational Awareness, a much-hyped AI hedge-fund whose…
Mamdani extends deadline for NYC homeowners to seek exemption from new pied-à-terre tax
Mayor Zohran Mamdani has given homeowners in New York City an additional month to apply to be exempt from his new pied-à-terre tax, which went into effect on July 1. Homeowners across the five boroughs who believe they should qualify for an…
The Three Numbers Your Mayor Doesn't Want You Asking About
Government has exactly one job it can't hand off to the private sector, and that's keeping citizens alive long enough to complain about everything else it does badly. I spent years working private security and pulling shifts as a licensed EMT in…
Edgestream Partners L.P. Acquires Shares of 92,643 Global Industrial Company $GIC
Edgestream Partners L.P. acquired a new stake in Global Industrial Company (NYSE:GIC - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired…
Don't Buy Strategy Stock When You Can Just Buy Bitcoin
Strategy (MSTR -4.56%) and Bitcoin (BTC +0.65%) have both performed poorly this year. They have year-to-date losses of 38% and 29%, respectively. However, if you had to choose between these assets, Bitcoin is the better buying opportunity. Strategy…
Aschenbrenner AI Fund Collapse: $45B Wiped in 20 Days - Memeburn
Leopold Aschenbrenner just became the most dramatic cautionary tale in AI investing. The former OpenAI researcher's hedge fund, Situational Awareness, sold its entire book of public stocks to Ken Griffin's Citadel on Thursday after margin calls it…
Leopold Aschenbrenner's Short Seller Fairy Tale
Leopold Aschenbrenner's hedge fund, stuffed like the ass of a Thanksgiving turkey with every trendy AI name you could throw a dart at, reportedly suffered one of the most spectacular drawdowns of recent memory, losing roughly 67% in July after a…
3 Brilliant Artificial Intelligence (AI) Stocks Billionaire Bill Ackman Owns That You Should Too
Investing in artificial intelligence (AI) stocks may not be easy for all investors. However, there are some tools investors can use to see what stocks billionaire hedge fund managers own, and use their holdings to gain investment ideas. One of the…
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