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Bill Ackman added Netflix, Visa, Mastercard, S&P Global, Intercontinental Exchange, and Alcon in Pershing Square's biggest portfolio overhaul in years.
Asia recorded its largest month ever for share sales, led by SK Hynix's blockbuster U.S. listing and continued investor demand for AI-related companies.
SpaceX's post-IPO lock-up period has ended, allowing insiders to sell up to 911.5 million shares for the first time.
Citadel’s Wellington fund gained 5.9% in July after purchasing discounted AI stocks from Situational Awareness during the market selloff.
The S&P 500 reached another record high, lifting the combined market value of its constituent companies to approximately $69.7 trillion.
Leopold Aschenbrenner said his AI-focused hedge fund will stop using bank leverage after losing 67% in July while remaining up 80% for the year.
NVIDIA has fallen 18.5% from its record high, wiping out nearly $1 trillion in market value as investors reassess AI spending and semiconductor valuations.
SK Hynix shares fell 16% in Seoul, marking a record one-day decline just days after the company's historic Nasdaq IPO.
SpaceX has lost more than $1.05 trillion in market value over the past 22 days as shares fell 36% from their recent peak.
Michael Burry has expanded his bearish AI bets, arguing that semiconductor valuations and AI expectations resemble the dot-com bubble.
Michael Burry disclosed new bearish positions against Caterpillar, Tesla, NVIDIA, and Applied Materials as he continues betting against parts of the U.S. equity market.
SpaceX lost $178 billion in market value after shares fell nearly 10%, bringing total losses from the recent peak to about $895 billion.