NB Finance News: Economic Updates & Market Trends
NB Finance News
How Leopold Aschenbrenner, the ‘golden child’ of the AI trade, was laid low
The $20bn hedge fund manager’s wild ride ended with a call to Ken Griffin
By NB
Aug 1, 2026
Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July
Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’
By NB
Aug 1, 2026
Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout
Investors say the hedge fund deal reassured jittery traders in tech stocks
By NB
Aug 1, 2026
Infantino defends $20bn Fifa commercial venture after mounting backlash
President of world football’s governing body says plan to sell stake to investors ‘is an opportunity and not an obligation’
By NB
Jul 30, 2026