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A handful of states, including Texas and Nevada, have set up dedicated systems designed to restore tenants to their homes after an illegal lockout. She and her family still don't have a new apartment, she said, and the eviction cases on her record don't help. BI reviewed two years' worth of lockout cases from the department and found city lawyers routinely dismissed tickets, often without documenting why. Bridget Bennett for Business InsiderThat afternoon, Brown had three cases on his docket in which tenants were alleging they'd been illegally locked out and dozens of cases in which landlords were seeking formal evictions. In 2022, Miami-Dade County passed a tenant's bill of rights that underlines the illegality of lockouts and limits a landlord's ability to harass tenants.
Persons: Henisha Dunn, Dunn, Zion Griffin, Griffin, Dunn's, Alyssa Pointer, , Caryn Schreiber, Paul Panusky, He's, Jeffrey Uno, Uno, David Brogan, Griffin's, didn't, Brandon Johnson, Abel Uribe, Rolando Quebrado, lockouts, Quebrado, Pangea, Troy Marr, Marr, James Byczek, Byczek, Michael Dudek, wasn't, Dudek, Marr's, lockouts that's, David Brown, Bridget Bennett, Brown, they'd, They're, doesn't, Dana Karni, Karni, Brooke Boyett, Harris, Marlon Coleman, Coleman, Shay Awosiyan, Mr, Awosiyan, he'd, Callaghan O'Hare, Schreiber, Jay Trumbull, Trumbull, Tom Butler, Ron DeSantis, Joe Raedle, Florida's, Austin, Coleman's Organizations: Business, BI, Survey, Department of Justice, Legal, Foundation of Los, New, Apartment Association, Atlanta Legal, Chicago police, Police, Chicago, Nevada Business, Regional Justice Center, Las Vegas Regional Justice Center, Las Vegas Justice, Justice, Lone Star Legal, Harris County's, Administration, Houston, Texas Excel Property Management, Houston Police Department, Excel's Villa Nueva, Texas Excel, Apartments, Republican, Florida Realtors, Gov Locations: Georgia, New Jersey, Minnesota, California, Texas, Nevada, New York, Atlanta, Michigan, Foundation of Los Angeles, Fulton County, Chicago, Chicago's Jefferson, They're, Las Vegas, Harris County, Houston, In Texas, Harris, Greater Inwood, Miami, Dade County, Florida, Dallas, Applebee's
Buffalo Bills rookie wide receiver Keon Coleman recently inked a four-year, nearly $10 million contract — but he's still a savvy shopper. At an April press conference, the second round draft pick revealed that he didn't buy his coat at a designer retailer, but instead on sale at Macy's. Coleman paid $79.89 for his yellow Guess puffer coat, a purchase he said was "a nice little deal." "I shop like my mom, I get my coats in the summertime," Coleman said during the press conference. "I bought this jacket for my son because of Keon Coleman," reads one review from May.
Persons: Keon Coleman, didn't, Coleman, You've, Coleman isn't Organizations: Buffalo Bills, Nike, Sports
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe public markets have been kind to Dan Sundheim this year. The most even-keeled of the big-name Tiger Cubs has been Viking Global, which will lose its chief investment officer, Ning Jin, at the end of August. Many of these firms struggled in 2022 when public and private tech companies slumped thanks to a global rise in interest rates. AdvertisementRepresentatives for Tiger Global, Coatue, and Viking Global either declined to comment or did not respond to requests for comment.
Persons: , Dan Sundheim, Philip Morris, Chase, Philippe Laffont's Coatue, Ning Jin, Julian Robertson's, Management — Organizations: Service, D1, Business, Viking, Philippe Laffont's Coatue Management, Tiger Cubs, Management, Tiger Global, Viking Global Locations: Marlboro, New York
Hedge funds took a diversified approach to technology investing in the first quarter as the sector built on its 2024 rally. Both Appaloosa and Coatue trimmed stakes in Nvidia during the period, with the latter shrinking his stake by 68% to $1.25 billion. Stanley Druckenmiller told CNBC last month that he cut his Nvidia stake in late March and called AI a "little overhyped" in the short run. Apple caught renewed attention from Viking Global and cuts from Coatue and Warren Buffett's Berkshire Hathaway. Coatue, Third Point, Viking Global and Tiger Global upped their Amazon stakes, while Appaloosa and D1 Capital trimmed their holdings.
Persons: Michael Burry, Ole Andreas Halvorsen zeroed, David Tepper's, Chase, Seth Klarman's Baupost, Dan Sundheim's, Phillippe Laffont's Coatue, Dan Loeb's, Halvorsen, Tepper, Sundheim, Laffont, Brad Gerstner, Stanley Druckenmiller, Warren Buffett's Berkshire, Coatue Organizations: Technology, Nasdaq, Nvidia, Meta, Capital, Microsoft, Street's, CNBC, Apple, Viking Global, Warren Buffett's Berkshire Hathaway, Tiger Global Locations: Coatue, Warren
Light Street returned 12.4% in January, easily besting the market and its tech-investing peers. Fellow Tiger Cubs like Tiger Global, D1, and Lone Pine were also positive for the month. AdvertisementLight Street Capital followed up a big 2023 — when the tech investor returned 46% — with a 12.4% gain in January, several sources told Business Insider. The San Francisco-based manager, run by Glen Kacher, is one of several Tiger Cubs to start the year above the market. This story is available exclusively to Business Insider subscribers.
Persons: , Glen Kacher, Chase, Alex Sacerdote's Organizations: Fellow Tiger Cubs, Tiger, Nvidia, Meta, Service, Capital, Business, Tiger Cubs Locations: Lone Pine, San Francisco
"We had about $45," Joe Coleman said. As a couple, they've taken on debt for a townhome, two houses, two boats, a tractor, three cars, and Mina Coleman's nursing degree. "We used the showers that they use in case of emergencies if somebody spilled chemicals in their eyes," Mina Coleman said. "You meet people that have more money than they know what to do with," Joe Coleman said. Advertisement"If we go down, we go down together," Mina Coleman said.
Persons: , Joe, Mina Coleman, Joe Coleman, Mina Coleman's, they've, Jared Soares, they're, optimistically Jared Soares, She's, they'll Organizations: Service, Business, Bulgaria —, BI Locations: Montauk , New York, Bulgaria, Fairfax County , Virginia, Washington, Coast, Caribbean, Pacific, Bulgarian
Missouri Republicans have been trying for years to make it harder to amend the constitution. State Sen. Bill Eigel, a member of the Freedom Caucus, said the hope is for Republican Gov. The standoff ended Tuesday morning, with Freedom Caucus members allowing a confirmation vote on several gubernatorial appointees they had been blocking. Senate leaders said the disruptions by the Freedom Caucus only delayed action on the very policies those members support. Speaking to hundreds of allies who gathered in the Capitol halls to show their support, Freedom Caucus members lauded the end of the filibuster as a win.
Persons: State Sen, Bill Eigel, Mike Parson, ” Eigel, Eigel, Sen, Mary Elizabeth Coleman's, Pro Tem Caleb Rowden, ” Rowden, Denise Lieberman, Organizations: JEFFERSON CITY, Missouri Senate, Republicans, Caucus, Missouri Republicans, State, Freedom Caucus, Republican Gov, Republican, Ohio Republicans, Missouri, Legislature, Pro, , ” Missouri Voter Protection Locations: Mo, Missouri, Ohio, ” Missouri
Many hedge funds have been skillfully navigating this year's market volatility. For investors seeking to follow the smart money, here are the stocks that mattered the most to these managers. VerityData analyzed 565 "fundamental" hedge funds that own between 10 and 300 positions each. The research firm then created a list of stocks that most frequently appear among the 10 largest holdings of those hedge funds. Other than Microsoft, the majority of the so-called " Magnificent Seven " mega-cap tech stocks — Amazon, Meta, Apple, Nvidia and Google's Alphabet — also made the list, VerityData said.
Persons: VerityData, Philippe Laffont's Coatue, Chase, Meta, Berkshire Hathaway Organizations: Microsoft, Philippe Laffont's Coatue Management, Tiger Global, Apple, Nvidia, JPMorgan, Berkshire
That included a defensive performance that held Wake Forest (4-4, 1-4) to just 75 first-half yards and 210 for the game. Wake Forest: The Demon Deacons had won three straight meetings but never seriously threatened to add a stunner to the list. In fact, Ellison's long early run came after the Demon Deacons had managed just 20 total yards to that point. Wake Forest added a short third-quarter touchdown run by Tate Carney but it got little through the air with quarterback Mitch Griffis (82 yards, 6 for 16). Wake Forest: The Demon Deacons have a short week, traveling to No.
Persons: WINSTON, — Keon Coleman, Trey Benson, Jordan Travis, Coleman, Caelen Carson, Travis lofted, Carson, shrugged, Benson —, , Garnes, Justice Ellison, Ke'Shawn Williams, Coleman's, Johnny Wilson, Tate Carney, Mitch Griffis, Duke Organizations: Florida State, Wake, Seminoles, Atlantic Coast Conference, FSU, ACC, Michigan State, Demon Deacons, Deacons, Pittsburgh, AP Locations: SALEM, N.C, Travis, Wake
MLB roundup: Cal Raleigh, Mariners manhandle White Sox
  + stars: | 2023-08-22 | by ( )   time to read: +6 min
[1/5] Aug 21, 2023; Chicago, Illinois, USA; Seattle Mariners catcher Cal Raleigh (29) hits a three run home run against the Chicago White Sox during the eighth inning at Guaranteed Rate Field. White Sox starter Touki Toussaint (1-6) gave up seven runs on seven hits and four walks with three strikeouts in four-plus innings. Philadelphia starter Aaron Nola (11-8) tossed seven innings and allowed seven hits and two runs. Cristian Javier (9-2) worked five innings, allowing three runs on seven hits. James Paxton (7-4) gave up seven runs, six earned, on nine hits in four innings.
Persons: Cal, Matt Marton, Cal Raleigh, Luis Castillo, Teoscar Hernandez, Dominic Canzone, Eloy Jimenez, Castillo, Touki Toussaint, Elvis Andrus, Andrew Benintendi, Tommy Pham's, Will Smith, Geraldo Perdomo, Pham, Adolis Garcia, Ketel Marte, Edmundo Sosa, Alec Bohm, San Francisco, Kyle Schwarber, Bryce Harper, Aaron Nola, Joc Pederson, LaMonte Wade Jr, Sean Manaea, Francisco Lindor, DJ Stewart, Rafael Ortega, Phil Bickford, Marcell Ozuna, Allan Winans, Nick Madrigal, Seiya Suzuki, Ian Happ, Daniel Palencia, Mark Leiter Jr, Spencer Torkelson, Matt Vierling's, Parker Meadows, Chas McCormick's, Alex Bregman, Yanier Diaz, Cristian Javier, Adam Duvall, James Paxton, Josh Palacios, Louis, Liover Peguero, Connor Joe, Alika Williams, Endy Rodriguez, Thomas Hatch, Bailey, Drew Rom, Andrew Knizner, Seong Kim, Kim, Ryan Weathers, Manny Machado, Michael Wacha, Josh Bell, Jake Burger, Weathers, Brent Rooker, Dylan, Coleman, Ryan Noda, Trevor May, Jordan Diaz, Zack Gelof, Shea Langeliers, Bobby Witt Jr Organizations: Seattle Mariners, Cal Raleigh, Chicago White Sox, Cal, Seattle, Mariners, White Sox, Chicago, Diamondbacks, Rangers, Texas, Phoenix . Arizona, Phillies, Giants, Philadelphia, San, Mets, Braves, New York, Atlanta, Cubs, Tigers, Detroit, Astros, Red Sox, Houston, Boston, Pirates, Cardinals, Pittsburgh, Padres, Marlins, Diego, Miami, Athletics, Royals, Oakland, Kansas City, Thomson Locations: Chicago , Illinois, USA, Arizona, Phoenix ., Texas, Chicago, Parker, St, Oakland
Hedge funds beefed up A.I. bets in the second quarter
  + stars: | 2023-08-15 | by ( Samantha Subin | )   time to read: +5 min
2023 has been the year for artificial intelligence stocks, and hedge funds in the second quarter beefed up their bets on the growth sector despite its sharp run up this year. Doubling down on Big Tech Despite the uptick in tech shares by the end of the first half, many hedge funds amped up their bets on Alphabet during the second quarter. David Tepper's Appaloosa bet big on AI winners , growing positions in Alphabet, Amazon , Meta Platforms and Microsoft during the period. Betting on chip stocks Nvidia shares have popped 200% as the company triumphs as AI chipmaker to beat this year. Beyond these pure-play AI bets, Coleman added to semiconductor Lam Research .
Persons: Bill Ackman's, Dan Loeb's, David Tepper's, Baupost's Seth Klarman, Philippe Laffont's Coatue, Tiger Global's Chase Coleman, Mark Zuckerberg's, Dan Sundheim's, Ole Andreas Halvorsen, Loeb, Coleman, Sundheim, Baupost, Keith Meister's, Laffont, Yun Li, Sarah Min, Brian Evans Organizations: Big Tech, Microsoft, Tiger Cub, Management, Apple, Amazon, Facebook, Meta, Nvidia, Devices, Viking, Taiwan Semiconductor, Micron Technology, AMD, Intel, Qualcomm, Broadcom, Marvell Technology, Materials, Global, Lam Research, Netflix, Viking Global, NXP Semiconductors, Semiconductor Locations: Apple, Amazon
Coleman lowered his exposure in six of his top 10 holdings, including some of the largest technology stocks. 2 holding Microsoft by $82.5 million, or 4.4%, and slashed his stakes in, his seventh-largest holding, by 61%. Coleman raised his stake in Nvidia by 1,300%, which was worth about $194.9 million. Coleman raised his position in the stock by 492%. Coleman, who was one of the so-called Tiger Cubs who worked under Julian Robertson at Tiger Management, also doubled down on his stake in alternative asset manager Apollo Global Management.
Persons: Chase, Coleman, Eli Lilly, Uber, Julian Robertson Organizations: Tiger Global Management, Nvidia, Microsoft, Novo Nordisk, Tiger Cubs, Tiger Management, Apollo Global Management, Intuit
Aug 3 (Reuters) - Chase Coleman's Tiger Global has built a big stake in private equity firm Apollo Global (APO.N) as the hedge fund looks outside of technology investments in a hunt for better returns, the Financial Times reported on Thursday. The investment in Apollo, which Tiger described as a "leading global alternative investment manager", was revealed to investors in a mid-year letter, the report said, without disclosing the size of the stake. Tiger Global amassed the stake this year and has also "selectively added" other new holdings in the aerospace and healthcare sectors, the report said. Tiger Global and Apollo Global did not immediately respond to Reuters requests for comment. Tiger's push into non-tech companies comes amid a recovery in its main hedge fund, which at the half-year point of 2022 had lost about 50% of its value compared to 2021, the FT said.
Persons: Chase, Tiger, Shivani Tanna, Arun Koyyur Organizations: Tiger, Apollo, Financial Times, Tiger Global, Apollo Global, Thomson Locations: Bengaluru
At the same time the company continues to raise money for its latest venture capital fund. For years, Tiger Global, Chase Coleman's $50 billion investment fund, went on a fundraising tear, raising billions of dollars in fresh capital and dominating the venture ecosystem in the process. This includes the firm's flagship hedge fund as well its crossover fund, created in 2021, which combines Tiger's public and private investments into a single strategy. Between July 2022 and July 2023 the Tiger Global fund, the Tiger Global Crossover fund, and the Tiger Global Long Opportunities fund, through their US and Cayman Islands feeder funds, raised about $53 million in total. A spokesperson for Tiger Global declined to comment for this story.
Persons: Chase, Carlyle, TCV, Tiger Organizations: Tiger, SEC, Tiger Global, Apollo, TPG, Insight Partners Locations: Cayman Islands, PitchBook
Tiger Global and Coatue have also returned double-digits this year thanks to the resurgence of tech stocks. The Tiger Cub's fund rose 5.60% in May and has gained 19.48% year to date, according to HSBC's Hedge Weekly performance report. This is a welcome turn of events for the Tiger Cubs, funds founded by portfolio managers who worked under the legendary Tiger Management head Julian Robertson. Tiger Global finished the year down 56%, and Coatue lost 18.8%. Fellow Tiger Cubs Lone Pine and grand cub D1 Capital also had double-digit losses, while Viking Global reported a single-digit loss.
Persons: Lee, Ainslie, Wall, Lee Ainslie's, Ainslee, Chase, Philippe Laffont's Coatue, Dan Sundheim, Andreas Halvorsen's Viking, Julian Robertson, Maverick, Coatue, Bloomberg's Katherine Burton, Hema Parmar Organizations: Nvidia, Tiger Global, Facebook, Bloomberg, D1, Andreas Halvorsen's Viking Global, Tiger Cubs, Tiger Management, Fellow Tiger Cubs, Viking Global, Fund Research
Tiger Global and Coatue have also returned double-digits this year thanks to the resurgence of tech stocks. The Tiger Cub's fund rose 5.60% in May and has gained 19.48% year to date, according to HSBC's Hedge Weekly performance report. This is a welcome turn of events for the Tiger Cubs, funds founded by portfolio managers who worked under the legendary Tiger Management head Julian Robertson. Tiger Global finished the year down 56%, and Coatue lost 18.8%. Fellow Tiger Cubs Lone Pine and grand cub D1 Capital also had double-digit losses, while Viking Global reported a single-digit loss.
Persons: Lee, Ainslie, Wall, Lee Ainslie's, Ainslee, Chase, Philippe Laffont's Coatue, Dan Sundheim, Andreas Halvorsen's Viking, Julian Robertson, Maverick, Coatue, Bloomberg's Katherine Burton, Hema Parmar Organizations: Nvidia, Tiger Global, Facebook, Bloomberg, D1, Andreas Halvorsen's Viking Global, Tiger Cubs, Tiger Management, Fellow Tiger Cubs, Viking Global, Fund Research
Hedge funds piled into Nvidia in the first quarter just in time for the chipmaker's eye-popping rally following a blowout forecast. The smart money hedge funds also loaded up on other tech stocks tied to artificial intelligence, according to Goldman Sachs. The Wall Street investment bank analyzed the holdings of 740 hedge funds with $2.2 trillion of gross equity positions at the start of 2023, based on regulatory filings. Goldman then identified technology, media and telecom (TMT) stocks with the largest net changes in hedge fund popularity during the first quarter. A total of 34 hedge funds added Nvidia to their portfolio in the first quarter, according to Goldman.
Persons: Goldman Sachs, Goldman, Jensen Huang, Stanley Druckenmiller, Druckenmiller, David Tepper's Organizations: Nvidia, Wall, Billionaire, Duquesne, National Instruments, KLA Corp, Silicon Laboratories, Dynatrace
Coactive helps companies glean insights from unstructured visual content like photos and videos. Media and consumer retail customers can flag inappropriate content or search through visual data. On a Thursday afternoon, Cody Coleman told me that he was looking forward to a rare weekend vacation to Hawaii with an unexpected guest — his high school trigonometry teacher. With the rise of e-Commerce and creator platforms, visual content has exploded, and with the increasing usage of generative AI, it'll only become easier for consumers to create their own video and image content, Coleman told Insider. The startup largely serves media and consumer retail companies through its closed beta, Coleman told Insider.
Arsenal reinvigorated their push for a first Premier League title in two decades with two stoppage-time goals giving them a thrilling win at Villa Park. It was Arsenal's first win in four Premier League games and followed a dispiriting Wednesday night loss at home to City, who had closed an eight-point gap from a month ago. "If you want to be at the top, you are going to have to win games in many different ways," coach Mikel Arteta said. It was a big effort to play less than 72 hours ago after the (City) game that we had, and after the result that we had which obviously morally was touching." Chelsea had 17 attempts at goal, five on target, their highest shot tally without scoring at home in the Premier League since May 2021.
Tech-focused hedge fund Tiger Global Management sold large chunks from several of its biggest positions in the fourth quarter , but investor Chase Coleman didn't completely turn his back on the market. Tiger Global trimmed its stake in most of its top holdings, according to securities filings and VerityData's Elsewhere, Tiger Global eliminated positions in RingCentral and Li Auto that were worth about $99 million and $396 million, respectively, at the end of the third quarter. Coleman is one of the so-called Tiger Cub hedge fund managers who worked under Julian Robertson at Tiger Management. Tiger Global was one of the tech-focused hedge funds that was caught offsides by last year's sharp pullback for growth stocks.
When Zhe Scott founded her SEO consulting and marketing firm, The SEO Queen, in 2017, she expected her employees to stick around long-term. Their conversations led Scott to "think about talent acquisition the same way I think about customer acquisition," she said. He and Scott shared how they overhauled Scott's hiring process and came up with solutions to improve talent retention. Scott is continuing to work on finding her next great employee using the ideas she and Coleman came up with. Treating talent acquisition as an ongoing taskWhile she hasn't found any new employees yet using updated new process, Scott said, she's confident about the long term.
Biologists, anthropologists, and information theorists do think that social networks, like Musk's bird app, show at least some signs of being flocks. "Elon's tweet is basically espousing the invisible hand of social behavior," Bak-Coleman says. In this construction, a social network might have become a collective superintelligence, had capitalists left it to its — our? Under Musk, Twitter has entered the dance-off phase. I'll be sad if the Twitter superintelligence starts singing a Kubrickian cover of "Daisy" and implodes into a pile of melting isolinear chips.
Despite the economic downturn, just 312 corporations filed for bankruptcy this year as of October. Here are 16 lawyers who may benefit as more companies negotiate with lenders and restructure their debt. FTX filed for Chapter 11 bankruptcy on Friday after questions were raised about its capital, leading customers to flee the exchange. Despite the high-profile nature of FTX's bankruptcy, such filings actually fell to a new low in 2022. As of end of October, there were just 312 corporate bankruptcy filings, down from 410 filings in 2021, and 640 in 2020, according to an S&P Global Market Intelligence report.
Chase Coleman's Tiger Global Management continued to grow positions in software and Big Tech during the third quarter after a rough start to the year, according to securities filings. The fund also added significantly to several positions during the third quarter, including Alphabet , DataDog , Workday and Li Auto . Tiger has nearly $11 billion in long equity positions, according to a CNBC calculation. Tech stocks struggled again during the third quarter, with the iShares U.S. Technology ETF falling 8.2%. Tiger's notable exits during the quarter included ProCore Technologies , XPeng , and 1Life Healthcare .
Elon Musk said Twitter's Birdwatch feature will now be called "Community Notes." It also will be renamed "Community Notes," and Musk tweeted that the tool has "incredible potential for improving information accuracy" on the platform. Birdwatch notes first became public to users in early October, after the feature was launched in a pilot program in the US in January 2021. Among tweets where Birdwatch notes have appeared in the past week is a post from Musk himself. According to the company, "Birdwatch is made up of independent contributors, and individual notes are never written by Twitter."
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