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.

businessinsider.com - Samuel O'Brient - Market pros say don't count Leopold Aschenbrenner out after his hedge-fund blowup
Market pros say don't count Leopold Aschenbrenner out after his hedge-fund blowup
Business Insider

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…

yahoo.com - Eric Esposito - Leopold Aschenbrenner was up 439% - then 4x leverage wiped out 67% of his $45B AI hedge fund in one month
Leopold Aschenbrenner was up 439% - then 4x leverage wiped out 67% of his $45B AI hedge fund in one month
Yahoo!

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…

entrepreneur.com - Jonathan Small - This 24-Year-Old Hedge Fund Prodigy Was Called the 'Nostradamus of AI'- He Didn't See a 73% Drop Coming.
This 24-Year-Old Hedge Fund Prodigy Was Called the 'Nostradamus of AI'- He Didn't See a 73% Drop Coming.
Homepage | Entrepreneur

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…

bloomberg.com - Phil Serafino - A Fresh Record Looms for the Unsinkable S&P 500
A Fresh Record Looms for the Unsinkable S&P 500
Bloomberg

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…

seekingalpha.com - Sorrento Research - Primis Financial: Strong End Market Growth (NASDAQ:FRST)
Primis Financial: Strong End Market Growth (NASDAQ:FRST)
Seeking Alpha

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…

yahoo.com - Soumya Eswaran - Texas Instruments (TXN) Climbs as Outlook Tops Expectations
Texas Instruments (TXN) Climbs as Outlook Tops Expectations
Yahoo!

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…

yahoo.com - Soumya Eswaran - Is Elevance Health (ELV) a Long-Term Winner Despite Rising Medical Costs?
Is Elevance Health (ELV) a Long-Term Winner Despite Rising Medical Costs?
Yahoo!

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…

bloomberg.com - Mengqi Sun - Barry Diller's People Inc. Urged to Drop Plan for MGM Takeover
Barry Diller's People Inc. Urged to Drop Plan for MGM Takeover
Bloomberg

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…

yahoo.com - Soumya Eswaran - Nucor Corporation (NUE) Strengthened from Trade Policy Tailwinds
Nucor Corporation (NUE) Strengthened from Trade Policy Tailwinds
Yahoo!

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…

yahoo.com - Soumya Eswaran - Is Accenture (ACN) an Undervalued AI Opportunity After Its Sharp Selloff?
Is Accenture (ACN) an Undervalued AI Opportunity After Its Sharp Selloff?
Yahoo!

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…

yahoo.com - Attiya Zainib - Oracle (ORCL) Has the AI Demand. Can It Fund the Infrastructure?
Oracle (ORCL) Has the AI Demand. Can It Fund the Infrastructure?
Yahoo!

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…

yahoo.com - Soumya Eswaran - Diamond Hill Capital Large Cap Strategy Exited Wix.com (WIX) Amid Weak Results and AI Disruption
Diamond Hill Capital Large Cap Strategy Exited Wix.com (WIX) Amid Weak Results and AI Disruption
Yahoo!

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…

yahoo.com - Syeda Seirut Javed - Jim Cramer Named Micron Technology (MU) His Top Memory Pick
Jim Cramer Named Micron Technology (MU) His Top Memory Pick
Yahoo!

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…

businessinsider.com - Theron Mohamed - Big Short' investor Michael Burry nailed his bet against AI chip stocks
Big Short' investor Michael Burry nailed his bet against AI chip stocks
Business Insider

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…

businessinsider.com - Georgia Hennessy - What is Truth API? The new paid-for tool giving fast access to Trump's posts, explained
What is Truth API? The new paid-for tool giving fast access to Trump's posts, explained
Business Insider

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…

Receive a Daily briefing on Hedge Fund Industry News

Get Started