In the third quarter, billionaire Ken Griffin sold Amazon stock and bought shares of Palantir, a stock up 1,030% since January 2024. Amazon's investments in artificial intelligence are bearing fruit, ...
Strategy Inc. (NASDAQ: MSTR) sold $747.8 million in stock but bought zero Bitcoin (CRYPTO: BTC) the prior week, breaking its accumulation streak as the stock hovers just above critical $155 support.
Treasury Secretary Scott Bessent on Wednesday unveiled the new website for the Trump Accounts program, a tax-deferred investment vehicle for American children. He also announced a new Trump Accounts ...
Meta Platforms stock fell 26% from peak to trough amid AI spending concerns. The company plans to cut its Reality Labs division by 30%. Meta trades at 29.3x trailing P/E after underperforming the S&P ...
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Sen. John Fetterman’s (D-PA) new memoir Unfettered sold zero copies in his own hometown’s Barnes & Noble store the first few days after launch, according to a review of the book. Despite Fetterman and ...
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Peter Thiel's hedge fund sold its entire Nvidia stake in the third quarter. The sale followed SoftBank's offloading of Nvidia in Q3, amid concerns of an AI bubble in the market. Nvidia remains the ...
Big-name hedge funds had a strong October. Markets were briefly choppy, but a US-China trade deal and strong corporate earnings helped stocks. Sign up for Business Insider's daily markets newsletter ...
Izzy Englander sold a roughly 15% stake in his Millennium Management to a group of investors, helping to prepare one of the world’s largest hedge funds for a time when he no longer sits at the helm.
Assets in the global hedge fund industry have surged to a record $5 trillion as investors poured money into alternatives and funds posted solid gains. Hedge funds saw net inflows of nearly $34 billion ...
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Earlier this month, news broke that ...