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3 mins read

The new power figures in hedge funds do not manage money

The hedge-fund industry's newest rock stars don't manage money. That and more in today's newsletter.

Matt Turner   


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2 mins read

Norway's trillion-dollar sovereign wealth fund to vote against Musk's $56 billion Tesla pay package

Norway's sovereign wealth fund will vote against Elon Musk's $56 billion paycheck at Tesla's annual…

Cameron Manley   


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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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5 mins read

How the hedge fund superstar went extinct

The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror

Dan DeFrancesco   


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3 mins read

Middle East wealth funds are scrambling to rescue their big bets on the future

The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …

Hasan Chowdhury   


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5 mins read

Elon Musk and Tesla are on the rise after a brutal start to the year

After dropping more than 42% and bottoming out in late April, Tesla's stock has rebounded sharply a…

Dan DeFrancesco   


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4 mins read

Long-time Tesla bull Ross Gerber details his journey from Elon Musk's biggest believer to his loudest critic

Elon Musk's $44 billion Twitter purchase kickstarted three "horrendous" years for Tesla, longtime i…

Jennifer Sor   


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2 mins read

The cult of Elon Musk was on full display at Tesla's shareholder vote

Fans wore Cybertruck shirts, signed shareholder banners, and praised Musk during the meeting's Q&A.

Ana Altchek   


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2 mins read

Stocks held by ARK Invest's flagship innovation fund have seen huge losses. Here are the fund's 10 biggest losers.

The flagship ARKK ETF is holding onto three stocks that are down more than 90% since Cathie Wood's …

Matthew Fox   


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3 mins read

Tesla investors approve Elon Musk's $55 billion pay plan

Tesla investors voted to approve Elon Musk's pay package ahead of the annual shareholder meeting.

Grace Kay,Madeline Berg   


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5 mins read

Hedge funds are dusting off an old strategy to help reverse a fundraising slump, but it comes with a risk

When investing, how would you like to have your cake and eat it too? That's the idea of an old-turn…

Dan DeFrancesco   


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1 min read

Tesla's Nordic labor crisis drags on as a Danish pension fund dumps its shares in Elon Musk's EV maker

Tesla has clashed with Nordic trade unionists in recent months, with its Swedish mechanics on strik…

George Glover   


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1 min read

Legendary short-seller Jim Chanos slams Elon Musk supporters as news emerges that the Tesla bear will shut down his funds

Jim Chanos tore into Elon Musk's supporters in an expletive-laden post on X just days after the Wal…

George Glover   


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2 mins read

Another Tesla shareholder came out against Elon Musk's multibillion-dollar pay package, saying the billionaire should 'focus on going to Mars'

Another major Tesla investor is publicly opposing Elon Musk's $56 billion pay package days before i…

Erin Snodgrass   


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2 mins read

A Tesla bull who runs an ETF loaded with the EV maker's stock is blowing away most fund managers

The Volt RoboCar Disruption and Tech ETF soared by 36% in October, making it one of the best-perfor…

Carla Mozée   


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3 mins read

Some Tesla shareholders say diverting Nvidia chips is further proof that Elon Musk doesn't deserve a multibillion-dollar pay package

Tesla shareholders say the Nvidia chip delivery delay is more proof that Elon Musk doesn't deserve …

Lloyd Lee   


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2 mins read

Tesla stock could slump 50% while 3 legacy automaker pose challenge to EV leadership, says Livermore hedge fund manager

Volkswagen, Ford, and General Motors are the most likely competitors to Tesla's market leadership, …

Natasha Dailey   


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2 mins read

A secretive asset manager had $36 billion riding on just 5 tech stocks including Tesla and Nvidia at the end of June

Tesla, Nvidia, Microsoft, Apple, and Amazon made up almost 30% of Jennison Associates' stock portfo…

Theron Mohamed   


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2 mins read

Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund

ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date h…

Matthew Fox   


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2 mins read

Elon Musk's lawyers subpoena head of Saudi Arabia's $620 billion wealth fund for Tesla 'funding secured' tweets case

Text messages disclosed in April showed Musk raging at Yasir Al-Rumayyan for not supporting his eff…

George Glover