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We provide the latest news from the world of economics and finance
We provide the latest news from the world of economics and finance
Peloton is one stock that David Einhorn’s Greelight Capital is banking on to perform this year. Photo: Getty Images
Tech is set to fuel Wednesday’s Wall Street gains, thanks to Stargate AI buzz and Netflix’s heady results.
Not everyone is a Big Tech superfan. Take Greenlight Capital, the hedge fund founded and presided by David Einhorn, that had “limited exposure to either side of the book” to those drivers of the S&P 500’s 25% return last year, according to a just-released fourth-quarter letter. Greenlight’s funds returned just over 7% last year.
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