Hedge Funds

Daniel Loeb‘s Third Point is leaning further into the artificial intelligence trade, building positions in chip-equipment makers KLA Corporation (NASDAQ:KLAC), ASML Holding N.V. (NASDAQ:ASML), and Lam Research Corporation (NASDAQ:LRCX) — acquiring 11,000, 12,000, and 75,000 shares,...

Billionaire investor Dan Loeb recently admitted to one of his most painful portfolio missteps: exiting Palantir Technologies Inc. (NASDAQ:PLTR) far too early. By selling his firm’s private stake in the $20 range, Loeb missed out on a monstrous post-IPO rally, serving as a stark reminder of...

The biggest IPO in history arrives this Friday, and with it comes a paradox that investors would be wise to understand before the opening bell rings. SpaceX will debut under the ticker SPCX at $135 per share, with options trading set to begin on Monday. The first few minutes are expected to be...