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Situational Awareness, led by a 24-year-old, exploded onto the artificial intelligence scene — and then nose-dived.
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Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.
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The Federal Reserve has met at least eight times a year for decades. Reducing the number of meetings would represent the biggest change by Kevin M. Warsh since he became chairman.
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Leopold Aschenbrenner's $45 billion hedge fund was forced to slash public stock positions after a historic momentum reversal triggered margin calls.
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Internal divisions over whether to raise interest rates intensified at Kevin Warsh's second meeting as chairman of the Federal Reserve.
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Apple stock falls on weak revenue forecast as CEO Tim Cook flags 'increasing impact' from memory shortage Yahoo FinanceApple stock slides nearly 10% as Cook warns of memory shortage impact Yahoo FinanceTim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood' in memory chip pricing FortuneApple Slides After Supply Shortages Hurt Sales Forecast bloomberg.com
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Oil price rises after Iran says it stops ships in Hormuz ReutersIran strikes tankers under US escort in Hormuz strait as Trump gathers cabinet to discuss war The GuardianOil prices rise after Iran says it attacked two tankers transiting Strait of Hormuz CNBC
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He was charged with his wife's murder — without a body. It was hiding in plain sight for years. NBC NewsDale Warner transferred to Upper Peninsula prison to serve sentence for killing wife Dee Warner wtol.comJury finds Dale Warner guilty of murder The Detroit News
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There are more similarities between the two hedge-fund blowups than one might expect.
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