American clean-energy tech firm designing solid oxide fuel cells
A high-profile AI-focused hedge fund has unwinded after massive leverage and a momentum crash. Citadel has stepped in to acquire many of its publicly traded holdings while the fund holds private investments, including Anthropic. Regulators and investors watch for how this affects AI infrastructure bets and market risk.
Citadel has posted strong July gains across its stock-picking, tactical trading, and Wellington funds. The firm acquired a large portion of Situational Awareness’s public portfolio at a discount, helping rebound AI-related and tech names and lifting overall performance into the month.
Regulators have opened an audit into Tesla’s Cybercab self-certification after Austin deployments, as the company expands its steering-wheel-free robotaxi service. NHTSA is examining if the vehicle’s lack of traditional controls complies with FMVSS while Tesla argues it meets applicable standards.
Generac has entered an agreement with Amazon granting warrants to buy 1.69 million shares and supplying $2.4 billion worth of generators for Amazon’s data centers, sending GNRC shares higher as power equipment moves into the AI infrastructure conversation.
Oracle has issued a force majeure notice to Blue Owl Capital related to Project Jupiter, delaying payments if the data center misses its 2028 online target. Oracle says the project remains on schedule, while investors weigh the potential impact on cloud capacity and revenue.
LeBron James has joined the Philadelphia 76ers, signaling a major shift in the NBA landscape. The star’s arrival has driven ticket demand, boosted jersey sponsorships, and attracted national attention, with Bloom Energy initiating a patch deal worth over $30 million and a multi-million community investment. The Sixers are hosting 34 nationally televised games this season.