Finance faces
Found 442 articles
Leadership turnover hits Balyasny’s Corbets unit
Two prominent investors, Thomas Stephens and Kevin Cottrell, have departed Corbets Capital, the $37 billion hedge fund’s internal stock-picking unit. Their exit marks a significant leadership shift at the firm, which has seen its overall performance stagnate with gains of less than 1% through the first three quarters of this year.
Cognition eyes massive valuation leap as AI coding race intensifies
Barely weeks after securing a $48 billion valuation, San Francisco-based Cognition is already fielding offers that could push its market worth to $80 billion. The startup, which gained prominence for its AI software engineering agent Devin, is currently weighing a new capital injection before the calendar year concludes.
Hedge fund giants balance AI efficiency against risks of cognitive surrender
Citadel, Bridgewater, and Man Group are integrating autonomous AI agents into their workflows to automate research and grunt work, yet leadership remains wary of total automation. Executives warn that ceding control to machines creates security vulnerabilities and threatens the fundamental human judgment that drives market success.
Anthropic’s Multichip Strategy Challenges Nvidia’s Market Grip
Michael Burry Questions Anthropic IPO Amid AI Growth Concerns
The New Face of Fraud: How AI is Supercharging Scams Targeting Seniors
US Government Missed Out on Billions in Anthropic Stock Sale
Inside the $777 Million Bet That Defined Spark Capital
The Hidden Cost of Grief: How Personal Loss Bankrupted My Business
Veteran Investor Paul Wick Dismisses AI Bubble Fears
ExodusPoint Loses Two Macro Portfolio Managers in Dubai
Bridging the Financial Divide in Marriage
Hedge fund hiring cools as external capital models reshape talent race
California's Billionaire Tax May Trigger Net Revenue Losses
Elon Musk Plans Massive SpaceX Stake Gift for American Children
Barclays Eliminates 5,000 Roles to Accelerate AI Integration
Zuckerberg Outlines Path to Profitability for AI and Hardware Units
Maverick Capital Sees Intel Reaching Trillion-Dollar Valuation
Brad Gerstner proposes massive expansion of Trump Accounts
Wall Street pivots to the 'Quality' trade as market volatility grows
Ken Griffin: AI will hollow out white-collar roles
Fireworks AI Eyes $40 Billion Valuation Amid Security Scrutiny
Elon Musk envisions a post-money future driven by space and AI
Musk Pledges $10 Billion in SpaceX Stock to American Children
Google Cloud Outage Disrupts UK Banking Services
Brevan Howard’s Crypto Unit Pivots Toward Institutional Application
Saudi Arabia Postpones Future Investment Initiative Amid Regional Conflict
Michael Burry’s Rules for Life and Market Caution
Why Los Tacos No. 1 is betting on private equity
