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.
The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner's hedge fund nearly blew up
Leopold Aschenbrenner is getting married this weekend in Carmel, Calif., to Avital Balwit, chief of staff to Anthropic CEO Dario Amodei. Fortune first reported their engagement in October. It is, the Wall Street Journal reports, a lavish affair fit…
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…
Global Macro Update: Levered Hedge Fund, Japan, and The Dollar Story
The full episode is only available to paid subscribers of The Bitcoin Layer A discussion on a 'rate check' and potential intervention in FX by the US Treasury, and what that means for TBL Liquidity and risk assets. Bitcoin isn't just an asset. It's…
Situational Awareness vs. Long-Term Capital Management: A side-by-side comparison
The unraveling of the Situational Awareness hedge fund has inspired comparisons with Long-Term Capital Management, a legendary hedge fund that failed in spectacular fashion in 1998. Some on social media have been wont to compare the demise of…
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…
July ends on a hopeful note for stocks after momentum trade sees biggest wipeout since 2000
Friday capped off an eventful six-week stretch in markets, as hard-hit momentum names completed a powerful two-day comeback rally — ending a turbulent stretch for the strategy on a high note. The reprieve, which followed reports that 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…
Financials Up Amid Subsiding Volatility - Financials Roundup
Shares of banks and other financial institutions rose amid deal activity and relief at subsiding volatility. There was a sense that a recent correction in technology investments had ended after Citadel stepped in to buy hedge-fund firm Situational…
Biggest Wall Street Rotation Since 2020 Shows AI Crowding Risks
Wall Street staged a tentative recovery from one of the wildest weeks of the AI boom, belying a historic rotation beneath the surface that briefly exposed growing cracks in some of the grand assumptions underpinning global markets. The week brought…
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…
With Situational Awareness AI deal, Citadel's Griffin rides to the rescue again
July 31: When rival hedge funds face catastrophic losses, billionaire investor Ken Griffin has a habit of identifying opportunities and showing up with a checkbook. Citadel's founder this week reprised his role as one of Wall Street's rescue…
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…
Gibraltar Industries, Inc. (NASDAQ:ROCK) Given Consensus Rating of 'Moderate Buy' by Brokerages
Shares of Gibraltar Industries, Inc. (NASDAQ:ROCK - Get Free Report) have received an average recommendation of 'Moderate Buy' from the four brokerages that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the…
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