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LATEST

China’s Teapot Refiners Poised to Ramp Up Iranian Oil Buying●Eli Lilly takes weight-loss pill battle global with first Foundayo approval outside U.S.●After 27 years, KFOR begins shifting its role at Kosovo flashpoints●Ola Electric, Ather Energy shares surge up to 5% as EV subsidies extended to FY28●Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%●Russia's e-commerce turnover rises 19% to RUB7.2 trillion in H1 2026●NCAA moves to halt flight disruptions as aviation union strike over TSC●Alo Yoga opens Tmall flagship, eyes China retail push●China’s Teapot Refiners Poised to Ramp Up Iranian Oil Buying●Eli Lilly takes weight-loss pill battle global with first Foundayo approval outside U.S.●After 27 years, KFOR begins shifting its role at Kosovo flashpoints●Ola Electric, Ather Energy shares surge up to 5% as EV subsidies extended to FY28●Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%●Russia's e-commerce turnover rises 19% to RUB7.2 trillion in H1 2026●NCAA moves to halt flight disruptions as aviation union strike over TSC●Alo Yoga opens Tmall flagship, eyes China retail push●

Asia

25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloff

Markets-Economic Times · 1h ago · 🇮🇳 India

25-year-old hedge fund manager who lost $35 billion in a month eyes fresh capital after AI stock selloff

Leopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks turned sour. Despite the sharp losses, the 25-year-old fund manager is seeking fresh capital from existing backers. The episode highlights the risks of concentrated portfolios, heavy leverage and conviction-driven investing.

Read the full story at Markets-Economic Times →

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