Steve Cohen

Robotics just delivered a breakout moment — and it's happening in Intuitive Surgical Inc (NASDAQ:ISRG), a stock already sitting deep inside the portfolios of three billionaire heavyweights. Track ISRG stock here. ISRG: Golden Cross Breakout Chart created using Benzinga Pro ISRG just printed the...

Residents and tourists to New York City could soon have three casinos to visit. The new casinos would add to the state's increased interest in casinos and sports betting, which includes the launch of online sports betting in the state back in January 2022. • BALY is in a favorable position...

ChargePoint Holdings Inc (NYSE:CHPT) is about to plug into the earnings grid, and Wall Street's biggest brains are already circling the EV charging play. The company reports first quarter results after the bell Wednesday, with expectations for a loss of 5 cents per share on $108.07 million in...

Billionaires Ken Griffin, Steve Cohen, and Izzy Englander are used to setting the pace on Wall Street. But in May, their flagship hedge funds were quietly outclassed — not by each other, but by a scrappy group of lesser-known rivals who are suddenly the ones posting scoreboard-worthy returns. The...

Billionaire investor Steve Cohen, chairman and CEO of Point72 Asset Management, has turned bearish on U.S. markets for the first time in recent memory, citing concerns over trade policies, immigration restrictions, and federal spending cuts that could trigger a significant market correction. What...

Juan Soto has reset the market for salaries when it comes to Major League Baseball players. Here's a look at how the new $765 million contract stacks up to other sports and why Soto signing with the New York Mets could financially impact billionaire Warren Buffett. What Happened: Hedge fund manager...

U.S. regulators approved the nation’s first 24-hour stock exchange on Wednesday, marking a significant shift in American securities trading as retail investors increasingly demand round-the-clock market access. What Happened: The Securities and Exchange Commission granted approval to 24...

GameStop Corporation (NYSE:GME) could be pushing deeper into its bets on trading cards and grading services with a new board appointment. What Happened: Nat Turner officially joined the video game retailer’s board of directors. The decision expands the number of board members from five to six...

Steve Cohen, a billionaire hedge fund founder, has hung up his spurs as a trader after four decades. Cohen, 68, will still remain its co-chief investment officer at Point 72 Asset Management with Harry Schwefel, but he has backed away from investing clients’ capital to focus on firm growth,...

New York Mets owner Steve Cohen‘s new stake in Sphere Entertainment Co (NYSE:SPHR) could signal a future bet on more sports-related events at the ball-shaped venue. What Happened: Cohen's Point72 Asset Management hedge fund recently disclosed a 5.5% stake in Sphere Entertainment with 1.56...

Steve Cohen's Point72 Asset Management is set to launch a new hedge fund with a focus on artificial intelligence, aiming to raise approximately $1 billion. The fund will concentrate on both investing in and betting against AI hardware and semiconductor companies globally, such as Nvidia, Broadcom...

Citron Research founder and short seller Andrew Left famously bet against GameStop Corporation (NYSE:GME) in 2021. The short seller told Benzinga Thursday he is once again betting against GameStop with the recent increase in the share price. What Happened: Left was a central player in the short...

The New York Stock Exchange (NYSE) is currently seeking feedback from market participants regarding the potential benefits of implementing a 24/7 trading schedule, similar to the trading of cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). This move coincides with...

In the rapidly evolving landscape of finance, billionaire investor Steve Cohen‘s Point72 Asset Management is leveraging the power of artificial intelligence (AI) to make significant strides. With Cohen at the helm, Point72 has embraced AI technologies, leading to substantial cost savings and...

Billionaire investor Steve Cohen joined CNBC's "Squawk Box" on Wednesday and predicted the four-day work week will become mainstream for the "vast majority" of people in the near future.  What Happened: In an interview at the 2024 Sohn Investment Conference this week, Cohen said he sees the...