S&P 5007,623.68▼0.5% Nasdaq25,955.34▼0.2% Dow52,215.16▼1.2% Russell 2K2,775.90▼0.3% 10-Yr4.99%+4bp VIX19.45+0.42 WTI$103.44▲4.0% Gold$4,010.00▼1.2% EUR/USD1.120▼0.3% BTC$79,744▼0.3% Nikkei62,908▼2.6%
At close · Sat, Oct 24, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›Cracking AI trade has Wall Street looking for a hedge.…

Cracking AI trade has Wall Street looking for a hedge. An ex-Citadel quant may have the answer

Reported · Written up by our desk · Equities

Jasper Zhang runs Hyperbolic, a GPU exchange building a software for "physical" AI futures

← Newer storyNvidia, AMD and Broadcom could buy Meta shares as part of $35 billion…

More like this

US MarketsAlaska Senate: Peltola seeks quick dismissal of DOJ election lawsuit suit before midterm
US MarketsAnthropic warns of AI's 'risks to humanity' ahead of blockbuster share listing
US MarketsBrazilian Markets Convulse After Unlikely Election Result
US MarketsMeta and SpaceX to Raise Billions More to Fund A.I. Ambitions
US MarketsU.S. Natural Gas Futures See Further Weather-Driven Losses

Sources

CNBC MarketsCracking AI trade has Wall Street looking for a hedge. An ex-Citadel quant may have the answer

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.