Point72’s Steve Cohen is stepping back from trading his own book

Key Points

Steve Cohen is retiring from the trading floor at his hedge fund Point72.
Point72, which uses long/short, macro and systematic strategies, manages more than $35 billion.
The firm is planning to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom.

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Bitcoin back above 0,000: Financial planning icon Ric Edelman reacts to the crypto ETF boom

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America is failing its youngest investors, warns personal finance guru Ric Edelman

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With foreign tourists boycotting the U.S., businesses brace for falling sales

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Key Points International tourists are skipping trips to the U.S. amid tensions tied to trade, immigration and territory. Many businesses that rely on foot traffic from overseas visitors are already seeing a financial hit, even before heading into peak travel season. New York, Miami, Los Angeles, Orlando, San Francisco and Las Vegas are examples of […]