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Hedge funds added more Nvidia stock, in absolute terms, to their portfolios than any other AI-related stock this year…Earnings release tomorrow
Posted: August 22, 2023
Year-to-date through August 21, Nvidia stock has soared 221.47% – making it the biggest beneficiary of the AI boom. Over [Read More]
SEC to vote on Wednesday on sweeping regulatory reform…Most significant reform since Dodd-Frank in 2010
Posted: August 21, 2023
The Securities and Exchange Commission will vote on Wednesday on sweeping regulatory reform that will significantly impact hedge funds, private [Read More]
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Sculptor rejects bid from group led by Boaz Weinstein
Posted: August 21, 2023
A group of large hedge fund managers, led by Saba Capital’s Boaz Weinstein, bid more than $12 a share for [Read More]
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Sightings….
Posted: August 18, 2023
Point72’s Steve Cohen is challenging the IRS that wants him to pay additional self-employment tax on earnings income from 2015 [Read More]
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Oceanwood to close down while Garcia launches CoreLane Capital
Posted: August 18, 2023
London-based Oceanwood Capital Management, which specializes in catalyst-driven investment opportunities across the capital structure, is shutting down. The firm, which [Read More]
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