How Leopold Aschenbrenner, the ‘golden child’ of the AI trade, was laid low
Leopold Aschenbrenner’s Situational Awareness hedge fund faces total liquidation, sending shockwaves through the AI-focused investment sector.
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Leopold Aschenbrenner’s Situational Awareness hedge fund faces total liquidation, sending shockwaves through the AI-focused investment sector.
Hedge funds are offloading US technology stocks at a record pace as momentum trades face sustained pressure.
The U.S. Treasury has issued a warning regarding specific Wall Street tax strategies it characterizes as potentially abusive.
Japan’s yen nears 40-year lows as markets brace for intervention—and doubt its effectiveness
Hedge funds have reduced exposure to tech hardware and chip stocks for four consecutive weeks amid a broader sell-off in AI-related equities.
Investor Michael Burry has expanded his market position by shorting Micron, signaling skepticism toward the current artificial intelligence stock trend.
Avis Budget Group secures a $650 million settlement from a hedge fund following legal action related to significant fluctuations in the company's stock.