Ken Griffin, a billionaire, reduced Citadel’s stake in Palantir by 48% and significantly increased his investment in this innovative AI stock.
Key Developments In the second quarter, Citadel divested 48% of its holdings in AI software firm Palantir Technologies. Conversely, Citadel boosted its investment in AI chip giant Nvidia by over 400%. In an interesting twist, Citadel’s second quarter report, as filed in August, shows a shift in hedge fund strategies. Selling 640,000 shares of Palantir, […]
Billionaire Ken Griffin states that Citadel’s move from Chicago was ‘not difficult,’ pointing to crime and taxes.
Ken Griffin’s Hedge Fund Cuts Chicago Presence Billionaire Ken Griffin announced that his hedge fund’s operations in Chicago will be reduced to just two floors. This shift comes as rising crime, high taxes, and other difficulties push employees to move to Miami and New York. “Sadly, for the past six or seven years, Chicago has […]
Citadel’s Ken Griffin attacks SEC cash grab for surveillance
Hedge fund mogul Ken Griffin is reportedly leading a campaign to block U.S. regulators' efforts to force traders to fund a new market-surveillance system. Griffin's Citadel Securities wants to block new rules that would require investors to put money aside for a so-called integrated audit trail system that has already cost an estimated $1 billion. […]
Sacking the citadels of censorship
When it comes to fundamental rights like freedom of speech, freedom of the press, and freedom of association, we are living through the darkest period in American history. In more than two centuries of free government, no administration has attempted to silence, imprison or kill its main political opponents as much as the current one. […]
Golf Channel Has Absolutely Cringe Moment When They Hilariously Mistake Citadel’s Everette Sands For Vince Young
Nooooo! I can’t handle the cringe! There are some high-profile people who are competing June 6-9 in the BMW Charity Pro-Am, with one of them being college football legend and former NFL’er Vince Young. And for a moment, Golf Channel thought they landed an interview with the former Texas Longhorn … except, they didn’t. A […]