Tag: AI stocks

Leopold Aschenbrenner's Situational Awareness unwound its hedge fund with up to $24B after leveraged AI and software bets turned into steep losses. (Pexel/Representative image) (Pexel)
Posted in Business

Leopold Aschenbrenner’s Situational Awareness unwinds hedge fund with up to $24B after leveraged AI bets fail

Leopold Aschenbrenner’s hedge fund Situational Awareness has completely unwound its investment portfolio after suffering heavy losses on its AI and software trades, according to CNBC’s…

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A 40% surge in Corona Remedies' share price gave the company a market capitalisation of nearly  ₹9,000 crore. (HT)
Posted in Business

Your Money: Nail the middle path, stop chasing the highest return

Is your money doing one of two things: snoozing in a bank deposit that barely keeps pace with inflation after tax, or chasing the latest…

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A mix of online hype, a tiny free float and India’s swelling base of retail investors locked the RRP Semiconductor stock at the upper circuit for 149 consecutive trading sessions. (AI Image)
Posted in Business

The story of RRP Semiconductor is cautionary tale for investors chasing AI stocks| Business News

The world’s best-performing stock is turning into a cautionary tale for investors chasing outsized returns from the AI boom. A mix of online hype, a…

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