Steve Cohen is established to make a major push into investing in AI

Important Factors

Billionaire investor Steve Cohen’s Level72 strategies to launch a individual, artificial intelligence-focused hedge fund to capitalize on the increase.
The firm is aiming to increase $1 billion, with Cohen himself and Point72 workforce predicted to lead.

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Finance

World Bank raises China growth forecast to 4.8% despite U.S. trade tensions

October 7, 2025

Key Points The World Bank predicts China’s economy will grow by 4.8% this year. It had forecast 4% growth in April, when the U.S. briefly ramped up tariffs on Chinese imports to more than 100%. The bank projects China’s GDP growth to ease to 4.2% in 2026, partly due to a slowdown in exports growth. […]

Finance

‘Outside of AI, I’m not really excited about anything,’ Wells Fargo Chief Equity Strategist Ohsung Kwon says

October 6, 2025

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Finance

Stocks making the biggest moves midday: Critical Metals, Comerica, Advanced Micro Devices, Abercrombie & Fitch and more

October 6, 2025

Check out the companies making the biggest moves midday: Verizon Communications — The New York-based telecom provider sank nearly 4% after CEO Hans Vestberg stepped down , replaced by independent lead director and former PayPal CEO Dan Schulman. Starbucks — The global coffee chain dropped almost 4% after a late September series of North American […]