One of Wall Street’s top hedge funds gives back 44% of its gains on AI bets

Article

In brief
Lone Pine’s flagship fund fell 30% in the third quarter after surging 44% through June
AI-related stocks like Nebius and ASML sharply reversed course this quarter
The fund ended September up just 0.6%, giving back nearly all of its earlier gains
Read the original story: One of Wall Street’s top hedge funds loses 44% on AI bets, by Lockridge Okoth at th.beincrypto.com

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