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…
Hyperliquid Is Ramping Up Its Move Into Prediction Markets. Here's What That Means for HYPE Investors.
Financial derivatives exchange Hyperliquid (HYPE -1.33%) is building the next wave of prediction markets, and the twist is that, thanks to its latest update, anyone willing to lock up enough of its token can create a market of their own for the…
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.
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…
Hsbc Holdings PLC Lowers Stock Position in Insight Enterprises, Inc. $NSIT
Hsbc Holdings PLC cut its stake in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 91.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund…
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…
Segall Bryant & Hamill LLC Raises Holdings in Gibraltar Industries, Inc. $ROCK
Segall Bryant & Hamill LLC lifted its position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 21.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned…
PPG Industries, Inc. $PPG Shares Sold by Royal Bank of Canada
Royal Bank of Canada lessened its stake in PPG Industries, Inc. (NYSE:PPG - Free Report) by 5.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 630,519 shares of the…
Optiver Holding B.V. Has $1.85 Million Stock Position in CNH Industrial N.V. $CNH
Optiver Holding B.V. increased its holdings in CNH Industrial N.V. (NYSE:CNH - Free Report) by 416.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 168,263 shares…
Insight Enterprises, Inc. $NSIT Shares Bought by Renaissance Technologies LLC
Renaissance Technologies LLC grew its position in shares of Insight Enterprises, Inc. (NASDAQ:NSIT - Free Report) by 31.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 180,573 shares of…
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…
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