Point72 Asset Management

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...

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...

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...

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...

Farfetch (NYSE: FTCH), a prominent player in the luxury fashion industry, has attracted notable investment interest, as evidenced by a recent SEC filing.  Point72 Asset Management, L.P., along with associated entities and noted investor Steven A. Cohen, reported owning 18,132,...

NY Mets owner billionaire Steve Cohen has bought as many as 119,092,680 ordinary shares of clinical-stage biopharmaceutical company Bionomics Limited (NASDAQ: BNOX) through his Point72 asset management firm, again showing support for the biopharma sector. See recent buy of Cybin (NYSE: CYBN)...

A highly anticipated movie that features one of the most infamous stock market storylines of the last decade has revealed more details of its cast and released a first trailer. What Happened: A fierce battle between retail traders and hedge funds will be chronicled on the big screen with the...

Bloomberg Tuesday reported that hedge fund legend Steve Cohen has “unofficially” began positioning to sign up clients for a new fund. Citing people familiar with Cohen’s plans and family office performance, the report also suggests that the man known for his high-flying returns...

Hedge-fund billionaire Steve Cohen is returning to his trading roots after being involved in one of the biggest insider trading scandals. Cohen, formerly with SAC Capital Advisors, hopes to raise over $20 billion in assets and is planning to launch a new fund in 2018, according to a Wall Street...

Point72 Ventures, the VC arm of Steve Cohen’s Point72 Asset Management firm, invested $2 million in micro-investing fintech company Acorns as part of the company's Series D round earlier this year. Point72 Ventures’ previous investments have focused on quant trading technologies, so...

Master investor Steve Cohen’s Point72 Asset Management has been looking at fintech lately with the formation of Point72 Ventures. It has acquired key talent to run the division, like Pete Casella, formerly of JPMorgan, and Alex Tarhini, from Barclays Techstars, and has made investments in...

Citing Doug Haynes, the president of Steve Cohen's investment firm, Point72 Asset Management, Business Insider reported the hedge fund industry has a well-documented performance problem, which is directly connected to a lack of diversity in the industry. Hedge funds are suffering from groupthink,...

Steven Cohen, the billionaire investor and hedge fund manager, has somewhat discouraging words for finance professionals looking to find a high paying job at a hedge fund. Cohen, speaking at the Milken Institute Global Conference on Monday said that he is "blown away by the lack of talent" of...