How did a $45 billion AI fund that was both long and short still lose about 67% in a single month?
The fund is managed by 24-year-old former OpenAI researcher Aschenbrenner. Its portfolio looks hedged: long SK Hynix and AI computing companies like CoreWeave, and short software companies like Adobe that could be replaced by AI.
The problem is that both sides were actually betting on the same thing: AI would win.
When the AI trade was hot, computing stocks rose and software stocks fell, so both sides made money. When that view reversed across the board in late July, semiconductors began to fall,

Mrs_Thynkan hour ago

GateSquare2026-09-16 11:47:11

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$BTC $ETH $TSLA

BTC-0.86%

ETH-2.23%

TSLA+0.79%

KatyPaty5 hours ago

The Fed Rate Decision Is Almost Here! A rate hike is once again the market’s base case.

LIVE2,763

Cryptoluter17 minutes ago

U.S. Stocks Open Higher on Sept 16, Intel Surges 5.2%
U.S. equity markets opened higher on Wednesday, September 16, 2026, led by a powerful rally in semiconductor stocks as investors positioned ahead of the Federal Reserve's highly anticipated rate decision. Intel (INTC) surged 5.71%, emerging as the standout performer in the Dow Jones Industrial Average, following reports that the company had secured a major new foundry customer for its advanced 18A process node. Nvidia (NVDA) gained 0.68%, continuing its steady climb as AI infrastructure demand remains robust, while Apple (AAPL) rose 1.04% a

INTC+4.41%

NVDA+1.22%

AAPL+0.79%

US30-0.22%

US500+0.28%

GalaxyMarketAnalysis 2 hours ago

$BTC $ETH At the Fed’s rate-setting meeting in the early hours, don’t limit your focus to whether rates are raised. What will truly determine the market’s direction is the gap between expectations and reality, with the key being whether the post-meeting remarks lean hawkish or dovish.
If the remarks are dovish, signaling that this rate hike will be the last one this year, the market may see a short-term rebound as the negative news is fully priced in. If the comments are hawkish, suggesting that another rate hike remains possible, then even if the hike is delivered, the negative news will not

BTC-0.86%

ETH-2.23%

智赢舵手 an hour ago

$XRP Current price: 1.2767. The bias is bearish, but do not chase shorts at the current level; wait for a rebound into the 1.290–1.300 range before entering a short.
Reason: The 24h decline is 10.63%, and the amplitude across 30 candles is 15.25%. Volatility has expanded significantly, indicating a high-volatility environment, so the position size must be halved. MA5=1.28738 has crossed below MA20=1.29087, confirming short-term moving-average pressure; RSI=33.2 is close to oversold but has not fallen below 30, indicating further downside remains possible; although the MACD histogram is +0.002

XRP-9.25%

PEPE-2.32%

THE-1.53%

H膩NGu膩LovesCollectingCoins 2 hours ago

Let's talk about AKE:
AKE still appears to be making new highs, but it's unclear whether history will repeat itself.
Current performance [range-bound at high levels]—the goal is to attract short sellers. All bears should be careful; it's best to wait until the final wick at the high is over before entering.
It could retest the previous high, or possibly reach a secondary high around 0.35–0.42. This market maker is both malicious and ruthless!

AKE+4.29%

DuniaForexCrypto2 hours ago

#FedAnnounceRateDecisionSoon
Ahead of Tonight’s Fed Decision: Key Points
Today, Wednesday, September 16, 2026, the FOMC will release its interest rate decision at 18:00 UTC, followed by a press conference from Fed Chair Kevin Warsh at 18:30 UTC. There will be an SEP and dot plot — this is not a routine meeting.
The market is nearly in agreement: the probability of a 25 bp hike is around 90–94%. The 3.50–3.75% fed funds target could rise to 3.75–4.00%, the first hike since 2023. What has not been fully priced in: Warsh’s tone and whether the dot plot signals another hike before year-end.
Infla

EURUSD-0.07%

USDJPY+0.11%

NVDA+1.22%

MU+0.75%

TSLA+0.79%

Jens17 minutes ago

JUST IN: 🇺🇸 "The Trump Administration is going all out to convince Senate Republicans to advance" the Clarity Act today, Semafor reports 👀

CryptoEyean hour ago

🔥 Meme stories aren't only made during rallies—pullbacks are an even greater test of judgment.
Some continue to hold, some wait and see, while others respond to volatility in different ways.
Whether bullish or bearish, you can discuss your logic or share your judgment; going long, going short, taking profit, or stopping loss—everyone is welcome to review their own trading ideas.
Bring #GateMeme狂欢季 to Gate Square to share your trades and judgments👇
🎯 The more you post, the more chances you get to win; each draw offers up to 10 USDT
📈 The first valid trade share each week guarantees a 50 US

MEME-2.67%

MineOutFerrari 21 minutes agoBearish

$BR Too terrifying—up and down, all completed within 1 minute.

BR+111.26%

AngryBirdan hour ago

#Gate首日支持ARC公链
Gate is already on Circle’s Arc from day one — and I’ve already joined the launch and started trading.
This is one of those moments I don’t want to watch from the sidelines. A completely new ecosystem is opening up today, Gate is already connected to it, and the first wave of Arc assets is now starting to get discovered by traders.
Circle’s Arc public mainnet is officially live today, September 16, and Gate has moved in from day one with Arc support across Gate Trenches, Gate Wallet and on-chain market data. For me, that makes the launch much more interesting because I can expl

BTC-0.86%

TomCrownCr 13 minutes ago

zcash:native giving a strong pump signal
ZECBTC breaking out

ZEC+11.46%

TalkingAboutMemeAsTheCoinMakes3 days ago

Layout for Bitcoin, Ethereum, and Dogecoin

LIVE3,128

Mr.Qin'sBoyfriend an hour ago

【Short at the midday high, strategy pays off again】📉
The midday high arrived, and the short was entered decisively—
Fully aligned with the high-short strategy, the market headed south on cue, confirming it👇
BTC banked 650 points, ETH banked 23 points
No chasing rallies, no guessing the bottom—just waiting at the highs for the pullback to come.
Every trade comes from pre-market analysis and patience during the session; once the level is reached, take action, and once the move is over, pocket the profits.

BTC-0.86%

ETH-2.31%

Nebraskangoo 19 minutes ago

$MU
Pretty nasty look locally. Rejected horizontal resistance and broke local trend. Just looking like a lower high has formed.

MU+0.75%

Decilizer 41 minutes ago

Ripple CEO Brad Garlinghouse says the failure of the Clarity Act “stings,” blaming political opposition for the bill’s defeat.
Garlinghouse said the setback leaves U.S. consumers and crypto competitiveness behind, while expressing optimism that the SEC and CFTC can help fill the regulatory gap.

OldACryptocurrencyCircle an hour ago

I was in a pretty bad mood today, but opening my account made me feel a little better—at least staying up late wasn’t for nothing. A few days ago, the last thing I saw before bed, $JCT every time it pushed upward it fell just short. The bullish signal was already very obvious, with a strong bull-trap feel and insufficient buying support.

From 0.002429 to 0.001562, +875.27% secured—the profit feels great.

Close 80% first and protect the cost basis on the remaining 20%. Take profits when it’s time.

Being out of the market isn’t a crime; opening positions recklessly is the mistake.

At th

JCT-4.23%

DOGE-3.99%

SNDK-2.19%

TheTradingParrot an hour ago

FOMC in less than 7 hours. 92.5% chance of a rate hike. But Mariano says it's ALL priced in — Bitcoin only sweeping the low so far. The real danger? A surprise tone shift or U-turn. Watch what setups could unleash if the speech changes.
#Bitcoin #FOMC #Fed #BTC #Crypto

BTC-0.86%

H膩NGu膩LovesCollectingCoins 2 hours ago

Lobster dog market maker🦞 codeword interpretation: 【The market maker is leaving】
The high reached 0.234881; interpreting the codeword again, reaching 0.023 means it's dead, dead—goodbye!
😂Pure numbers📚For fun, don't take it seriously!

龙虾+4.56%

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