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The Scion founder is betting against Nvidia, Palantir, and other beneficiaries of the AI boom—and says the record-setting rally is creating leverage that could make the next selloff more violent.
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Bank of America was among the prime brokers for the hedge fund, which is run by Leopold Aschenbrenner.
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Scientists are certain a wayward SpaceX rocket slammed into the moon as predicted AP NewsSee more headlines & perspectives on Google News
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The July gains came after Citadel acquired the bulk of the public-stock portfolio formerly held by Situational Awareness late last month.
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Since taking office in May, Warsh has implemented several measures that reverse decades of Fed culture.
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Ken Griffin's company bought billions of dollars of AI stocks from Leopold Aschenbrenner's firm
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Aggressive tactics are prompting increased regulatory scrutiny
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S&P 500 heads for 25th record close of 2026, after a 42-day break.
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After his latest appearance set off a bout of volatility, Kevin M. Warsh, the chairman of the Federal Reserve, is under pressure to clear up mixed signals about his commitment to getting inflation down.
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The CrowdStrike outage created a new sense of urgency for companies to protect their tech systems. A study by Shane Greenstein and colleagues illustrates just how many companies are vulnerable to cyberattacks and other threats simply because they put off updating their software.
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