In brief
Lone Pine flagship fund falls 30% in Q3 after gaining 44% through June
AI-related stocks Nebius, ASML and others plunge during the quarter
Fund rises 0.6% in September, erasing most of its previous gains
Read Lockridge Okoth’s original article on kr.beincrypto.com: “Famous Wall Street Hedge Fund Sees 44% Gains Evaporate After Losses on AI Bets”
Lone Pine flagship fund falls 30% in Q3 after gaining 44% through June
AI-related stocks Nebius, ASML and others plunge during the quarter
Fund rises 0.6% in September, erasing most of its previous gains
Read Lockridge Okoth’s original article on kr.beincrypto.com: “Famous Wall Street Hedge Fund Sees 44% Gains Evaporate After Losses on AI Bets”