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- Short selling, margin calls and…: How Leopold Aschenbrenner’s AI hedge fund Situational Awareness lost $35 bn in a month
Leopold Aschenbrenner, once celebrated as an AI visionary, faced significant losses as his hedge fund's assets plummeted from $45 billion to $10 billion amid a decline in semiconductor stocks.
- Did Microsoft and Amazon earnings reinforce AI as the next growth engine?
Recent quarterly results from Microsoft and Amazon suggest AI investments are now producing significant returns. Both companies experienced strong cloud growth, with infrastructure limitations emerging as the main challenge.
- What are the big plans of the Tata Group?
Tata's biggest plans for the next decade are hidden in its annual report. Read on…
- Gold posts first monthly gain in five months despite sharp sell-off: Is the rally just getting started?
Despite a recent decline caused by a stronger dollar, gold remains resilient, showing a potential monthly gain of 1.1%. Analysts anticipate that geopolitical tensions and economic uncertainty will support gold prices in the near term.
- Zee share price to be in focus on Monday after Sebi bars Subhash Chandra, Punit Goenka for one year
ZEEL shares rose 2.85% to ₹115.45 on July 31. Despite a recent gain of 36% over six months, the stock is down 3% year-over-year and 43% over five years. SEBI's investigation revealed missing title deeds related to loans secured by Essel Group entities.