JPMorgan Lifts S&P 500 Target to 8,000 as AI Earnings Justify Spending, Joining Bullish Wall Street Chorus
Markets

JPMorgan Lifts S&P 500 Target to 8,000 as AI Earnings Justify Spending, Joining Bullish Wall Street Chorus

JPMorgan raised its year-end S&P 500 target to 8,000, citing a strong Q2 earnings beat and signs that massive AI investm...

Yael Ben-David 👁 45 💬 0
Leopold Aschenbrenner’s $45B AI Hedge Fund Collapses After Leveraged Bets Backfire
Companies

Leopold Aschenbrenner’s $45B AI Hedge Fund Collapses After Leveraged Bets Backfire

Former OpenAI researcher Leopold Aschenbrenner’s Situational Awareness fund, once up 400% on AI stocks, is unwinding lar...

Declan Byrne 👁 49 💬 0
Citadel Rescues AI Hedge Fund Situational Awareness After 36-Hour Margin Crisis
Markets

Citadel Rescues AI Hedge Fund Situational Awareness After 36-Hour Margin Crisis

Leopold Aschenbrenner’s heavily leveraged fund faced a liquidity crunch as AI stocks tumbled. An emergency auction gave ...

Yael Ben-David 👁 41 💬 0
Cathie Wood's ARKK ETF Triples on AI Bets, Still 42% Below 2021 Peak
Markets

Cathie Wood's ARKK ETF Triples on AI Bets, Still 42% Below 2021 Peak

After a brutal 67% crash in 2022, the Ark Innovation ETF has surged anew, propelled by AI plays like Tesla and Palantir....

Yael Ben-David 👁 40 💬 0
Ex-OpenAI Researcher’s $45bn AI Hedge Fund Forced to Liquidate After Dual-Sided Losses
Markets

Ex-OpenAI Researcher’s $45bn AI Hedge Fund Forced to Liquidate After Dual-Sided Losses

Leopold Aschenbrenner’s Situational Awareness fund, which bet heavily on AI infrastructure and shorted software, is unwi...

Yael Ben-David 👁 47 💬 0
Jefferies Tells Investors to Rotate to Dividend Heavyweights as AI Hype Cools
Markets

Jefferies Tells Investors to Rotate to Dividend Heavyweights as AI Hype Cools

Amid uncertainty over AI returns, Jefferies strategist Desh Peramunetilleke advises rotating to low-volatility U.S. divi...

Yael Ben-David 👁 61 💬 0
Software Sector Splits Into Winners and Losers as AI Redraws the Investment Map
Markets

Software Sector Splits Into Winners and Losers as AI Redraws the Investment Map

An Evercore analyst flags a historic performance divide: infrastructure and security stocks are up 51% this year, while ...

Yael Ben-David 👁 56 💬 0