In July, hedge funds experienced their worst monthly underperformance against the S&P 500 in over 20 years, driven by a sharp sell-off in AI-related stocks. According to Goldman Sachs, this marked one of the most significant hedge fund de-grossing episodes in the past decade, with funds reducing positions in AI stocks, including semiconductors and major tech companies. Despite this pullback, hedge funds still maintain higher-than-average leverage and AI exposure, and US equity long/short hedge funds have returned 10% through mid-August. This shift highlights the volatility and rapid changes in hedge fund strategies tied to AI momentum.
Injective's institutional services arm has become the first Layer 1 blockchain registered as a transfer agent with the SEC, enabling regulated recordkeeping for tokenized securities. This status supports four live asset classes including public equit...
Meta Platforms is deploying a new technology called CXL to recycle older DDR4 memory modules in newer DDR5 servers. This approach helps Meta manage rising DRAM prices and reduces the total cost of ownership for its server hardware. By creatively reus...
Dynatrace is successfully transitioning from an observability tool to a full AI operations platform, maintaining 16% ARR growth and high profitability with mid-80% gross margins. The company focuses on sustainable growth and disciplined execution rat...
Bitcoin surged above $75,000, marking a 20% gain over four days and reaching its highest level since late May. This rally outpaced Ethereum and Solana, driven by a strong reaction from key support levels and significant short squeezes that liquidated...
Lattice Semiconductor has shown strong recovery from the recent semiconductor downturn, with Q2 revenue rising 62% year-over-year. The company exceeded expectations with a gross margin of 71.7% and an operating margin of 38.3%. Its acquisition of AMI...
