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3 mins read

Sports betting is the next frontier for Wall Street's smartest quants to conquer

Trading giant Susquehanna and other quants are diving into sports betting — making it harder for th…

Bradley Saacks   


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2 mins read

Nuclear power stocks are soaring amid an AI energy push. Here are 7 names to watch.

The best-performing nuclear stock has soared 481% so far this year as mega-cap tech companies strik…

Matthew Fox   


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2 mins read

There's a 'renaissance' coming for boring stocks. Here's how investors can position to take advantage, according to BofA.

Value stocks, which have been nearly forgotten as investors chase AI-fueled growth names, are set t…

Matthew Fox   


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2 mins read

Why Chinese stocks will climb another 50% from current levels, research CEO says

China's economy has the perfect ingredients to stage a monster stock rally in the next year, one re…

Jennifer Sor   


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7 mins read

Gen Zers aren't lonely. They're fueling a vibrant social renaissance.

From run clubs to chess clubs, the 'loneliest generation' has figured out how to make friends.

Eve Upton-Clark   


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2 mins read

Stocks could see a 10% correction by early October on a trifecta of bearish factors, strategist says

"There's still a little longer fuse on this correction that's likely to take place before we're don…

Matthew Fox   


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2 mins read

Wall Street seems to love Apple's latest guidance on the new iPhone and Chinese demand

"Our view is betting against Cook and Cupertino into an AI-driven supercycle led by iPhone 16 and A…

Matthew Fox   


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3 mins read

The AI boom will push America's shaky power grid to its limit

"The cost of that Gen AI architecture is freaking out of control," Baird strategist Ted Mortonson t…

Matthew Fox   


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5 mins read

Meet the group preparing for a Soviet Union-type collapse of the US economy

Opinions fluctuate on the economy, but one group has a decidedly strong take.

Dan DeFrancesco   


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1 min read

Jim Simons, the legendary hedge-fund manager who cracked the market, dead at 86

Jim Simons, the legendary hedge-fund manager who founded the prolific Renaissance Technologies, has…

Paul Squire   


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2 mins read

Sam Altman's high-school English teacher hoped he wouldn't go into technology

Teenage Sam Altman was a renaissance man, his high-school English teacher told Bloomberg, adding th…

Ana Altchek   


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2 mins read

Jim Simons' RenTech fund doubled its Tesla stake last quarter and supercharged its GameStop bet by 118 times

The quantitative hedge fund raised its Tesla bet to $1.7 billion as of March 31, making Elon Musk's…

Theron Mohamed   


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1 min read

Elon Musk is the 'inventor of our age' and a renaissance man, Ark Invest chief and Tesla bull Cathie Wood says

Wood also said Ark Invest is looking to ramp up its investment in Elon Musk's Twitter and said Tesl…

Phil Rosen   


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2 mins read

Jim Simons' RenTech fund nearly doubled its AMC stake, reinvested in GameStop, and trimmed its Tesla bet last quarter

The hedge fund run by the ex-NSA codebreaker and MIT math professor has ramped up its AMC bet by 80…

Theron Mohamed   


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2 mins read

US reindustrialization will be the top investment theme of coming decades, RBA says

RBA says energy and utility infrastructure, transportation, and real estate are top sectors within …

Yuheng Zhan   


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2 mins read

Secretive hedge fund Renaissance Technologies' reportedly sees $15 billion in outflows despite double digit performance

Renaissance's three public hedge funds delivered negative returns in 2020, while its private Medall…

Matthew Fox   


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2 mins read

Jim Simons' RenTech fund quadrupled its Tesla stake last quarter - and boosted its AMC bet by 38%

The mathematician's hedge fund reversed course on Tesla after slashing its stake in Elon Musk's com…

Theron Mohamed   


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1 min read

Warren Buffett, Michael Burry, and other top investors just published their Q2 stock portfolios. Here are 5 key trades they made.

Funds linked to Bill Miller, Jim Simons, and the Church of Jesus Christ of Latter-day Saints all ma…

Theron Mohamed   


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1 min read

Jim Simons' RenTech fund tripled its AMC stake last quarter - and slashed its Tesla holdings by 75%

The value of RenTech's AMC position soared almost 20-fold in three months, as the hedge fund triple…

Theron Mohamed   


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5 mins read

Microsoft's $3 trillion market cap milestone is the latest in a string of wins for Big Tech's elder statesman

In today's big story, we're looking at Microsoft notching another big win by briefly reaching a $3 …

Dan DeFrancesco