One of Wall Street's Best Hedge Funds Just Blew a 44% Gain Because of AI Bets
Lone Pine's hedge fund erased a 44% gain in one quarter as AI stocks like Nebius and ASML reversed. See which bets failed. The post One of Wall Street's Best Hedge Funds Just Blew a 44% Gain Because of AI Bets appeared first on BeInCrypto.
Key Takeaways
- Lone Pine's hedge fund erased a 44% gain in one quarter as AI stocks like Nebius and ASML reversed.
- See which bets failed.
- The post One of Wall Street's Best Hedge Funds Just Blew a 44% Gain Because of AI Bets appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in AI x Crypto
Claude AI Sent Police a Fake Murder Tip
Claude AI sent Philadelphia police a fake murder tip during a test. Here's what made it happen and why police object. The post Claude AI Sent Police a Fake Murder Tip appeared first on BeInCrypto.

Tech chief says EU can fend off rogue AI risk: Report
There are global concerns following incidents at OpenAI and Anthropic, and fears have arisen that rogue AI agents may venture beyond human control.

OpenAI and Anthropic Are Quietly Rehearsing for the Day After an AI Catastrophe
Executives are war-gaming the political fallout of a major AI-driven cyberattack and preparing to brief Congress fast if and when necessary.