Tag: hedge fund
LONDON (Reuters) – Tucked into the attic of a Georgian building in London’s West End, seven people run a $200 million hedge fund following artificial intelligence formulas. But the supercomputers that process their complex algorithms are nowhere to be seen. While most established hedge funds keep their trading systems at close quarters, Piquant Technologies outsources […]
NEW YORK (Reuters) – Former SAC executive Gabe Plotkin’s Melvin Capital took a new position in streaming video service Netflix Inc, buying 950,000 shares and a call option for 1.45 million shares, according to regulatory filings on Monday. Melvin Capital also took a new position in Home Depot Inc, buying 475,000 shares. And Passport Capital […]
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