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.
Market pros say don't count Leopold Aschenbrenner out after his hedge-fund blowup
Investors are still navigating the aftermath of the Situational Awareness blow-up, but a big question is already cropping up: Is this the end of AI prodigy, Leopold Aschenbrenner, or will he mount a comeback? Aschenbrenner, a former OpenAI…
Leopold Aschenbrenner was up 439% - then 4x leverage wiped out 67% of his $45B AI hedge fund in one month
Leopold Aschenbrenner, 25, was once hailed as the great German genius of AI trading. Financial Times reported that this former OpenAI researcher delivered gains of 1,551% since opening his hedge fund Situational Awareness in 2024. Within the first…
This 24-Year-Old Hedge Fund Prodigy Was Called the 'Nostradamus of AI'- He Didn't See a 73% Drop Coming.
Leopold Aschenbrenner was once dubbed the “Nostradamus of AI” for a viral essay predicting a wave of transformative artificial intelligence. But his hedge fund didn't see its own meltdown coming. The 24-year-old former OpenAI…
A Fresh Record Looms for the Unsinkable S&P 500
This article is for subscribers only. It may be hard to believe, given all the recent drama in stock markets, but the S&P 500 is on the verge of a fresh record high for the first time since June 2. After the selloff in chip stocks and other AI…
Primis Financial: Strong End Market Growth (NASDAQ:FRST)
Primis Financial Corp (FRST) is rated BUY, driven by strong 2Q26 results, 44% share price appreciation, and a 13.5% forward P/E discount to peers. FRST's niche focus on mortgage warehouse loans and Panacea Financial for medical professionals…
Texas Instruments (TXN) Climbs as Outlook Tops Expectations
Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its 'Large Cap Strategy'. A copy of the letter is available to download here. The Strategy returned 3.42% net…
Is Elevance Health (ELV) a Long-Term Winner Despite Rising Medical Costs?
Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its 'Large Cap Strategy'. A copy of the letter is available to download here. The Strategy returned 3.42% net…
Barry Diller's People Inc. Urged to Drop Plan for MGM Takeover
Longtime shareholder of Barry Diller's People Inc. is pushing for the media company to abandon its offer for a takeover of casino operator MGM Resorts International. Yakira Capital Management, in a letter published Monday, said People isn't…
Nucor Corporation (NUE) Strengthened from Trade Policy Tailwinds
Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its 'Large Cap Strategy'. A copy of the letter is available to download here. The Strategy returned 3.42% net…
Is Accenture (ACN) an Undervalued AI Opportunity After Its Sharp Selloff?
Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its 'Large Cap Strategy'. A copy of the letter is available to download here. The Strategy returned 3.42% net…
Oracle (ORCL) Has the AI Demand. Can It Fund the Infrastructure?
Janus Henderson Investors, an investment management company, released its 'Forty Fund' Q2 2025 investor letter. A copy of the letter can be downloaded here. The Fund returned 19.00% in the second quarter of 2026, outperforming the Russell 1000…
Diamond Hill Capital Large Cap Strategy Exited Wix.com (WIX) Amid Weak Results and AI Disruption
Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its 'Large Cap Strategy'. A copy of the letter is available to download here. The Strategy returned 3.42% net…
Jim Cramer Named Micron Technology (MU) His Top Memory Pick
During the July 21 episode of CNBC's Mad Money, host Jim Cramer addressed viewer complaints about managing technology allocations as memory and storage stocks experience short-term price surges. Cramer defended his commitment to mega-cap tech…
Big Short' investor Michael Burry nailed his bet against AI chip stocks
Michael Burry looks to be in the chips after a timely bet against semiconductor stocks. The investor of 'The Big Short' fame said in a June 30 post on Substack that he'd shorted the iShares Semiconductor ETF (SOXX) at about $643, and refreshed his…
What is Truth API? The new paid-for tool giving fast access to Trump's posts, explained
Truth Social's new paid service for faster access to the president's social media posts is raising questions — including from some of his own supporters. Trump Media & Technology Group launched Truth API on Saturday. The service sends paying…
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