Finance faces
Found 181 articles
Point72 and Millennium post steady May gains as hedge funds lag S&P 500
While the S&P 500 surged 11% this May on the back of relentless AI-driven enthusiasm, the industry’s heavyweights struggled to keep pace. Steve Cohen’s Point72 secured a 2% monthly gain, bringing its year-to-date performance to 10.5%, yet even these top-tier multistrategy funds found themselves trailing the broader equity market rally.
Bank of America Internship Acceptance Rate Plummets Below 1 Percent
With 240,000 applicants vying for fewer than 2,000 spots, Bank of America has hit an acceptance rate of approximately 0.8 percent this year. Despite the rise of AI tools, the firm maintains its commitment to entry-level talent, hiring nearly 4,000 summer interns and full-time campus recruits.
George Santos Under Federal Scrutiny for Kalshi Prediction Bets
Former Congressman George Santos is under investigation by the Justice Department and the Commodity Futures Trading Commission regarding alleged insider trading on the prediction market Kalshi. Federal authorities stepped in after the platform flagged anomalous betting activity linked to Santos’ absence from the February State of the Union address.
Greg Abel accelerates capital deployment at Berkshire Hathaway
The Wall Street Race: Anthropic and OpenAI Vie for IPO Dominance
Andrew Left Conviction Signals New Legal Peril for Financial Influencers
Michael Burry dismisses trillion-dollar bets on SpaceX and Anthropic
Inside the Goldman Sachs Internship: Advice from the Firm's Leaders
How a radical lifestyle shift helped one couple shed $45,000 in debt
The Billion-Dollar Tax Bill: Calculating New York’s Pied-à-terre Levy
Dan Loeb Rejects AI Bubble Fears Amid Massive Tech Spending
In Omaha, the Berkshire Hathaway Pilgrimage Continues
Beyond the Latte Factor: How to Master the Big Three Expenses
How Princess Jahnavi Kumari Mewar Professionalized a Royal Legacy
Scott Goodwin labels private credit software exposure 'almost criminal'
From Wall Street to Madrid: Why I Needed the Corporate Grind First
Greg Abel's Debut as Berkshire Hathaway CEO Wins Over Shareholders
Blackstone President Jon Gray on the Advantages of Corporate Scale
Sohn Conference: Hedge Fund Newcomers Bet on AI and Dialysis Risk
David Einhorn Bets on Turnaround Plays for Greenlight Capital
Jamie Dimon and Ken Griffin signal tax friction may stall office projects
The Reality Behind Kevin O'Leary's Utah Data Center Job Claims
Corporate Leaders Assess the Ripple Effects of the Iran Conflict
Wall Street’s AI Pivot: Productivity Gains Over Headcount Growth
Institutional Investors Pivot from Private Credit to Infrastructure
BCG teaches its AI agent to avoid the habits of bad salespeople
Beyond Early Retirement: The Case for 'Camp FIRE'
Sam Altman Cashes In as Cerebras IPO Jolts Wall Street
Greg Abel reshapes Berkshire Hathaway portfolio with Delta and Alphabet
