Altimeter Capital CEO Touts AI’s Potential, Foresees Impact Surpassing Internet, Mobile Tech
Brad Gerstner, CEO of Altimeter Capital, has expressed strong optimism for the potential of artificial intelligence (AI), declaring it…
Xerox and Carl Icahn Conclude Investment Saga. A Closure Of Tumultuous Journey
Carl Icahn, the famous activist investor, is finalizing his investment in Xerox Holdings Corp. (NYSE: XRX) by selling his remaining stake to the company for a substantial $542 million.
EXCLUSIVE: Cannabis CEOs Address How To Attract Investors Amid Changing Regulations
"The right investors are not scared by the complexity of cannabis regulations," TILT Holdings (CSE: TILT) (OTC: TLLTF) CEO Tim Conder said at the Benzinga Cannabis Capital Conference.
Hedge Fund Titan Peter Brown Built A Large Language Model 35 Years Ago: Read What It Wrote
In a recent episode of “Goldman Sachs Exchanges: Great Investors,” Raj Mahajan, who is the firm's global head of Systematic Client Franchise, Global Banking and Markets, had a conversation with Peter Brown, CEO of the legendary quantitative trading firm Renaissance Te
Morgan Stanley Pioneers Wall Street’s AI Revolution With OpenAI-Powered Assistant
Morgan Stanley (NYSE: MS) introduced its financial assistant powered by OpenAI’s generative AI software, marking Wall Street's entry into the generative AI domain.
Consortium-Backed By Billionaires Boaz Weinstein, Bill Ackman Revise Sculptor Capital Bid As Board Shows Concern
American hedge fund manager and founder of Saba Capital Management, Boaz Weinstein and his consortium of bidders have updated their purchase offer for Sculptor Capital Management Inc (NYSE: SCU) in response to concerns outlined by the board's speci
Short Seller Backhandedly Equates SPAC King Chamath Palihapitiya To A ‘Crook’
John Hempton, short-seller founder and CIO at Bronte Capital, indirectly took a jab at "SPAC King" Chamath Palihapitiya Tuesday over his past endeavors and dealings.
How To Buy And Sell Distressed Assets: Find Out At The Most Important Conference For Cannabis Investors
The upcoming Benzinga Cannabis Capital Conference in Chicago on Sept. 27-28 will shed light on a transformative trend: distressed assets in the form of companies shifting from a vertical integration model to an asset-light approach.
Beaten Down COVID-19 Vaccine Partner Stock Catalent Finalizes Deal With Activist Investor, Reports Mixed Q4 Earnings
Catalent Inc (NYSE: CTLT), valued at around $8 billion, has finalized a deal with activist investor Elliott Investment Management.
Which Dividend Payer Did Hedge Funds Flock To In The Second Quarter?
Microsoft emerged as a darling for hedge funds in the second quarter, with 10 out of the 20 hedge funds with shares in their top-5 holdings for the quarter.