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“Dogespierre Has Left the Building,” Says JPM’s Michael Cembalest

The J.P. Morgan Asset Management strategist says Elon Musk’s DOGE has taken a guillotine to the federal government.

Michelle Celarier

PREMIUM

Third Point Makes Bold Moves in Portfolio Shake-Up

Two stocks cracked the firm’s top-five holdings for the first time.

Stephen Taub

Third Point Sifts Through Turmoil for Structured and Other Credit

“We expect to see many compelling opportunities in the months ahead as the market digests the tariff impact on leveraged borrowers,” says Dan Loeb.

Stephen Taub

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FEATURED ARTICLE

The Funds Reeling from the Disastrous Drop in Health Care and Biopharma

Most life sciences hedge funds, including Casdin Capital and Cormorant, are sinking deeper into the red.