The head of a $418 billion asset manager details how to evaluate funds when they’re blowing up
4 min read
Leopold Aschenbrenner’s meltdown helped AI stocks soar. It likely came too late to save other funds’ July returns.
AI stocks jumped after Citadel bought Leopold Aschenbrenner's stock portfolio. But the rebound likely came too late to rescue other hedge funds' July.
3 min read
3 big market moves sparked by Citadel’s deal with Situational Awareness
South Korea's Kospi index surged a record 18%, while US chip stocks also posted strong two-day rallies.
2 min read
7 investments to hold as markets grapple with the latest inflation scare
SocGen laid out a 7-part playbook for investors to hedge against inflation, recommending bonds, commodities, and private credit assets.
5 min read
A professor who hit 'Lean FI' by moving abroad and saving 70% of his income explains why he prefers the 'permanent portfolio' investment strategy
"I don't have a house, and I don't have a car. But I have financial independence."
4 min read
Forget a first-day stock drop. The bigger story is how Jersey Mike's reached historic IPO status.
Don't let Jersey Mike's 6% first-day slide fool you. This is still a high-growth company that accomplished a lot in a short time.
3 min read
Morningstar says Nvidia's recent market woes put it in an unfamiliar spot: an 'undervalued' high-upside stock play
"The stock looks like a bargain," Morningstar says.
2 min read
Inside one of the wildest months in South Korea's stock market history
South Korea's Kospi ended July 22% lower, marking its steepest monthly decline since October 2008.
3 min read
Apple earnings recap: Stock tumbles 6% as Tim Cook warns of 'very significant' supply constraints
Apple's services, iPad, and China segments all came in below Wall Street's estimates, as did its guidance for the current quarter's revenue growth.
20 min read
Microsoft just laid the market blueprint for other AI giants — and its stock jumped the most in 18 years
The company struck the perfect chord of blockbuster cloud-computing results and restrained capex spending.
2 min read
The humbling of Leopold Aschenbrenner: The market doesn't care how smart you are.
Leopold Aschenbrenner's hedge fund collapse shows how even brilliant investors can get crushed when markets turn.
5 min read
Blackstone transformed Jersey Mike's. Now it's giving employees a bite of the $7 billion IPO.
Jersey Mike's IPO will be Blackstone's first public offering with its new profit-sharing offer for employees.
6 min read
Situational Awareness was forced to sell most of its stocks to Citadel. The fund got to keep its best asset.
Ken Griffin's fund bought a majority of Leopold Aschenbrenner's public equities book, but none of the firm's private holdings.
3 min read
Microsoft tells employees not to use prediction markets if they have inside information
An update to Microsoft's insider trading policy makes clear that employees can't use confidential information to inform bets on prediction markets.
3 min read
Yum! Brands says the cyclospora outbreak had a 'meaningful' impact on Taco Bell sales
The outbreak of diarrhea caused by the cyclospora parasite caused a 2% dip in Taco Bell sales, but it says it's bouncing back.
2 min read
Retail investors are starting to get cold feet on the AI trade
Retail traders sold a net $243 million of single stocks on Wednesday, its biggest one-day outflow since COVID.
2 min read
The bond market is sending a big warning to Kevin Warsh
The bond market is raising concerns about the Fed's credibility on inflation, leading the 30-year yield to spike to its highest level in 2 decades.
4 min read
Apple enters earnings in a new role: Wall Street's escape hatch from the AI trade
The company has been able to weather a market storm as more AI-focused firms have struggled.
3 min read
Exclusive
A prominent short-seller is adding a new client fee to pay for beefed-up security
The firm's leaders will also pay for the short-seller's security, a person close to Carson Block's firm said.
2 min read
South Korea's stock rout took the shine off Samsung and SK Hynix's trillion-dollar run
Samsung Electronics and SK Hynix are now worth about $923 billion and $704 billion, respectively.
2 min read
Meta’s AI bets are swallowing almost all its free cash flow
Meta's AI investments cut free cash flow by 91%, while ad revenue rose 27% as AI boosts ad targeting and content recommendations.
2 min read
Meta Q2 earnings recap: Stock tumbles nearly 10% after profits miss Wall Street estimates
Meta shares dropped after its earnings per share came in lighter than expected and revenue slightly beat estimates. Catch up on the analyst call.
18 min read
A market vet warns that Washington's moves to blunt AI competition from China are largely 'toothless'
Ed Yardeni warns that regulators will have a hard time containing China's AI models, which he says pose a threat to US tech interests.
2 min read
Why dwindling buybacks are a warning for stocks
Buybacks are down in sectors like tech and communications, a sign that companies aren't in a position to repurchase their stock like they used to.
3 min read
The most important stretch of earnings season is here — and Wall Street wants receipts from AI giants
Spending-conscious investors have been hard to impress lately, and it's ramped up the stakes ahead of earnings.
3 min read
A research firm says watch these 2 'red lines' in the Iran war to know when to de-risk your stock portfolio
While there are several potential red line scenarios, two of them stand out as "edging closer to reality," MRB Partners says.
2 min read
A 557% profit jump couldn't save SK Hynix from an earnings-day slump — or the Kospi from a rout
Record corporate profits aren't stopping investors from taking money off the table as retail traders pile into South Korean stocks.
3 min read
The 5 most interesting takeaways from Bernard Arnault's rare podcast interview
"Why give out information?" joked Bernard Arnault, LVMH CEO, in a rare interview on the "LEGEND" podcast.
5 min read
Oil prices are cratering on renewed optimism for a US-Iran peace deal
Oil prices have plunged this week, tumbling on fresh hopes that the US and Iran could soon renew talks to end the war.
3 min read
Investors are bracing for a hawkish Fed meeting. Here's what it means for markets.
The uncertainty heading into Wednesday's rate decision is unusually high. The market sees strong odds for a rate hike at some point this year.
5 min read
How to invest in humanoid robotics, the potential $5 trillion market that’s straight out of science fiction
Robots that can replace human workers may be closer than ever because of the AI boom. Here's how some investing pros are getting in early on the trend.
7 min read
US chipmakers are getting crushed by a familiar source: AI jitters in Asia
South Korea's KOSPI dropped more than 10% on Tuesday, with the index on track for its worst month in over 30 years. The volatility bled into US stocks.
3 min read
Nvidia's growing web of AI deals has investors asking an uncomfortable question
Investors are starting to worry that the AI trade has become too interconnected for its own good.
3 min read
Morgan Stanley says load up on these 13 AI power infrastructure stocks — including 2 'standout' energy storage plays
"We believe a meaningful driver of weakness has been technical rather than fundamental," Stephen Byrd, an analyst at Morgan Stanley, wrote in a note.
2 min read
Wall Street's gaze is turning to AI adopters as the winners of the next phase of the stock-market rotation
As the usual AI winners see heavy volatility, forecasters say the next class of winners will be companies that have seen enhanced productivity due to AI.
3 min read
Chip stocks are getting hammered — but China's hottest new listing is holding up
South Korean and Japanese semiconductor heavyweights lead a broad retreat as investors pulled back from big winners in the AI boom.
3 min read
Apple dethrones Nvidia as the world's most valuable company
Nvidia has been hit by volatility as investors rethink parts of the AI thesis, while Apple is the top stock in the Magnificent Seven this year.
2 min read
Wharton professor Jeremy Siegel warns rates are near levels that could derail earnings-fueled stock gains
Strong earnings might not offset the rise in bond yields, Siegel said. The 10-year Treasury yield recent hit the highest level since January 2025.
2 min read
'Big Short' investor Michael Burry says a big threat to the AI boom is lurking in private credit
Michael Burry flagged risks he sees among PE-owned insurance companies that have amassed large holdings of debt securities tied to the AI boom.
3 min read
What investors should watch as the stock market heads into its toughest stretch of the year
The stretch from late summer to early autumn often marks the worst three-month period for the S&P 500, BofA said.
4 min read
Brace for volatility: The Fed and Big Tech earnings are poised to shake up markets this week
Traders are gearing up for a volatile week for stocks, with the Fed's two-day policy meeting kicking off and Big Tech earnings on deck.
4 min read
Hyperscalers can't win with investors as they spend big on AI
Investors fear AI is following the dot-com playbook, with massive infrastructure spending and uncertain returns raising bubble concerns.
3 min read
Big-name hedge funds investing in outside managers are turning to a proven pool of talent: Former Citadel PMs
At least a dozen former Citadel PMs now manage money at their own funds for the peer group of Ken Griffin's firm.
3 min read
China's hottest AI chip stock became its most valuable listed company on day one
Chinese memory-chip maker CXMT became the mainland's most valuable listed company, overtaking ICBC after its blockbuster IPO.
2 min read
A top fund manager unpacks why he's sticking with AI infrastructure stocks, and flags 2 lesser-known names he's betting on
Brandon Nelson of Calamos Investments says he's not among the "doomers" who see the end of the market's AI infrastructure trade.
4 min read
Market pros say people pursuing FIRE by investing aggressively often make a crucial mistake
Investors in the FIRE movement may not be aware of how exposed their retirement savings are to the tech and AI sector, market pros say.
4 min read
Which AI model is the best stock trader? A finance professor says he's got the answer.
Dr. Alejandro Lopez-Lira has been conducting his AI trading experiment since the beginning of the AI boom in 2023. He says one model stands out.
3 min read
BofA's famed sell signal for stocks is at its highest level since 2021
Bank of America's contrarian Bull & Bear Indicator is flashing a sell signal for stocks as investors continue to pile into risk assets this summer.
2 min read
Why a chief economist thinks a surprise rate hike could be coming at next week's Fed meeting
There's an argument to be made for the Fed to move now rather than in September, with conditions supporting higher inflation remaining largely intact.
3 min read
