Tuesday, April 5, 2022

Tiger Global's hedge fund has slumped by 34% from January to March 2022, losing around $10B, fueled by declining stocks, the Ukraine war, and China's crackdown (Hema Parmar/Bloomberg)

Hema Parmar / Bloomberg:
Tiger Global's hedge fund has slumped by 34% from January to March 2022, losing around $10B, fueled by declining stocks, the Ukraine war, and China's crackdown  —  In his 20s, he was a hedge-fund wunderkind.  By his 40s, a hedge-fund legend.  But suddenly, Chase Coleman is stumbling, and hard.



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ASML says it plans to make at least 60 of its standard EUV machines this year, 36% more than it sold in 2025, as it races to meet demand for making AI chips (Kim Mackrael/Wall Street Journal)

Kim Mackrael / Wall Street Journal : ASML says it plans to make at least 60 of its standard EUV machines this year, 36% more than it sold...