Ken Griffin

Editor’s Note: A spelling correction was made in a Zinger Key Point in this article. Ken Griffin donated the most again to the Republican effort to control Congress, after giving $20 million to the Congressional Leadership Fund (CLF) and Senate Leadership Fund (SLF) in the second quarter. The...

The founder and CEO of Citadel, Ken Griffin, expressed skepticism about the imminent replacement of human jobs by artificial intelligence, contradicting Tesla Inc. CEO Elon Musk. What Happened: Billionaire investor Griffin shared his reservations about the future of AI at an event for Citadel...

GameStop Corp (NYSE:GME) shares are trading slightly higher after-hours Monday after the class-action lawsuit against Keith Gill, also known as Roaring Kitty, was voluntarily dismissed by the plaintiff. The Details: According to a court filing, the plaintiff, Martin Radev, filed to voluntarily...

Wall Street’s biggest fund managers are reportedly preparing to challenge the dominance of the New York Stock Exchange — owned by Intercontinental Exchange, Inc. (NYSE:ICE) — and Nasdaq (NASDAQ:NDAQ). What Happened: A group led by BlackRock, Inc. (NYSE:BLK), the world’s largest asset...

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...

In the face of ongoing campus unrest, Ken Griffin, founder of the $63 billion U.S. hedge fund Citadel, has urged Harvard University to uphold “Western values.” What Happened: Griffin, a major donor to his alma mater, voiced his concerns over what he perceives as a “cultural...

Citadel CEO Ken Griffin joined CNBC's "Power Lunch" Monday and discussed inflation, interest rates and the influence of AI on the American workforce.   What Happened: The Federal Reserve held interest rates steady at its May meeting, marking the sixth consecutive meeting without a rate...

Ken Griffin, the founder of Citadel, has cautioned investors about the future of the U.S. economy, predicting modest growth and highlighting the mounting national debt as a significant issue. What Happened: In a letter to investors on Monday, Griffin expressed his concerns about the economic...

Light Street Capital managing partner Glen Kacher has advised investors to hold onto their semiconductor stocks, suggesting that it’s still early to exit the market. What Happened: Kacher pointed out that it might be too early to exit the semiconductor market. He suggested that it’s...

Nvidia Corp.’s (NASDAQ:NVDA) recent volatility may have given some investors sleepless nights, but a big-ticket hedge fund manager dismissed these worries on Tuesday. Market Now Tale Of Many Worlds: Speaking at the International Futures Industry conference in Boca Raton, Florida,...

Billionaire Ken Griffin, the CEO of Citadel, has voiced his concerns about the Federal Reserve’s approach to interest rate cuts, urging the central bank to proceed with caution. What Happened: Griffin, speaking at the International Futures Industry conference in Boca Raton, Florida, on...

Editor’s note: This story has been updated to correct Ken Griffin’s name in the headline. Many business leaders opted to move their headquarters to Florida during the COVID-19 outbreak, but the trend appears to be persisting beyond the pandemic. Ken Griffin, the head of the hedge fund...

A recent wave of controversy surrounding college campuses and their responses to the war in Gaza is costing Ivy League universities some of their major donors. This week, billionaire Citadel CEO Kenneth C. Griffin, a top Harvard contributor, promised to stop donating to the school, calling students...

Ken Griffin, the CEO of Citadel, a billionaire, and a major Republican campaign donor, has made a significant donation to a political action committee (PAC) supporting former South Carolina Governor Nikki Haley in her bid for the Republican presidential nomination. What Happened: CNBC reported on...

The world’s elite hedge funds have delivered a staggering $67 billion to their investors in 2023, as reported by LCH Investments on Monday. This figure marks a significant triple increase from the previous year’s returns. Bill Ackman‘s Pershing Square Capital Management made a...