Gregory Zuckerman
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WSJ Special Writer. Author of A Shot to Save the World, The Man Who Solved the Market, a few others. Still miss Jeremy Lin.
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Articles by Gregory Zuckerman
AIブームで痛手の「選別投資」、ついに好機到来か
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://jp.wsj.com/articles/https-www-wsj-com-finance-stocks-stock-pickers-burned-by-the-ai-boom-think-their-moment-has-finally-arrived-07878da7-3c69456b
在AI热潮中受挫的选股者认为翻身机会来了
CoreWeave股价上周下跌,或许意味着本轮AI行情正进入新阶段。 像蒂莫西·卡萨莱托(Timothy Casaletto)这样的AI怀疑论者最近日子不太好过。 推动股市屡创新高的AI热潮令他管理的最大一只基金的表现远逊于标普500指数。截至上周五,Vanguard股息增长基金(Vanguard Dividend Growth Fund)过去四年累计上涨55%,跑输标普500指数同期126%的回报率。 Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 立即订阅 热门文章 热门视频
Stock pickers burned by the AI boom think their moment has finally arrived
AI skeptics like Timothy Casaletto are having a tough stretch. The artificial-intelligence frenzy that fueled a record run for stocks has left the biggest fund he manages starkly underperforming the S&P 500. The Vanguard Dividend Growth Fund is up 55% over the past four years, compared with a return of 126% for the S&P 500, through Friday.
Stock Pickers Burned by the AI Boom Think Their Moment Has Finally Arrived
Shares of CoreWeave slid last week, a sign the trade might be entering a new stage AI skeptics like Timothy Casaletto are having a tough stretch. The artificial-intelligence frenzy that fueled a record run for stocks has left the biggest fund he manages starkly underperforming the S&P 500. The Vanguard Dividend Growth Fund is up 55% over the past four years, compared with a return of 126% for the S&P 500, through Friday. Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved.
ベッセント氏率いる米財務省、緊迫と離職の内幕
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
ベッセント氏が高官らに罵声 米財務省の内幕
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
巴菲特晚上也刷视频,他都看些啥?
格伦·克洛斯的影视片段、20世纪50年代的复古广告,还有《乌兹别克斯坦达人》——面对推荐算法的诱惑,就连这位传奇投资家也同样难以抗拒。 大可不必。沃伦·巴菲特(Warren Buffett)也和你一样。 Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 订阅 热门文章 热门视频
Inside Bessent’s Treasury: Tension, Turnover and Unmet Economic Goals
Since he became Treasury secretary in early 2025, Bessent has dressed down senior advisers and junior staffers alike over issues large and small, according to more than a dozen current and former Treasury officials. A senior administration official who worked with Bessent said the president’s entire economic policy agenda is on the Treasury secretary’s shoulders. “Scott cannot fail,” the official said. His backers say his hard-charging style gets results.
Inside Bessent’s Treasury: Tension, Turnover and Unmet Economic Goals
WASHINGTON—Scott Bessent was fuming. President Trump had just asked his Treasury secretary to investigate allegations of fraud in Minnesota’s Somali community—and Bessent thought one of his top deputies was dragging his feet. During a January meeting at the Treasury Department, Bessent confronted John Hurley, the agency’s undersecretary for terrorism and financial intelligence, yelling at him in front of aides and unleashing profanities.
A viewer's guide to Warren Buffett's nightly trips down the YouTube rabbit hole
Feeling guilty about spending hours each day watching YouTube? Don't be. Warren Buffett is right there with you. Glenn Close clips. Commercials from the 1950s. Paul Anka videos. The famed investor can't get enough. Buffett enjoys speeches by complete unknowns. He's a fan of Berkshire Hathaway's own content, too, proud of how it performs on the video platform. He watches it all, nearly every evening, usually from a recliner in his Omaha home.
A Viewer’s Guide to Warren Buffett’s Nightly Trips Down the YouTube Rabbit Hole
Glenn Close clips. 1950s commercials. Uzbekistan’s version of ‘America’s Got Talent.’ The legendary investor can’t resist the algorithm either. Feeling guilty about spending hours each day watching YouTube? Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Subscribe Now Already a subscriber? Sign In
A Viewer’s Guide to Warren Buffett’s Nightly Trips Down the YouTube Rabbit Hole
Feeling guilty about spending hours each day watching YouTube? Don’t be. Warren Buffett is right there with you. Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Citi® Token Services Expands Global Footprint into UAE and Japan
For years, it paid off to buy stocks that were rising in price—and bet against struggling shares. The momentum trade was especially profitable this year, as investors piled into hot stocks including Micron Technology, Nvidia, Advanced Micro Devices and other artificial-intelligence darlings while wagering against those likely to be hurt by the embrace of AI.
UAE investors increase confidence as geopolitical concerns ease
UAE retail investors are becoming increasingly bullish on their home market despite six months of geopolitical uncertainty, according to etoro’s latest UAE Retail Investor Beat, a survey of 1,000 retail investors residing in the UAE. More than eight in ten (82%) now expect the UAE stock market to rise over the next 12 months, up from 76% in March and the highest level recorded since the question was first asked in November 2024.
Sharjah Islamic Bank issues $500mln sukuk amid strong investor demand
Chip makers are fighting to assure investors that the artificial-intelligence boom is racing forward. Wall Street might not believe it until Nvidia’s NVDA -0.98%decrease; down pointing triangle Jensen Huang says so. When Huang steps up to the mic for his company’s earnings call Wednesday, he will have the world’s attention.
Six investing pros weigh in on surging yields-and how to trade them
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Six investing pros weigh in on surging yields—and how to trade them
Trouble in the bond market is forcing investors to anticipate where the economy—and their portfolios—are headed. The yield on the 10-year Treasury note recently surged past 5% to hit fresh 19-year highs. U.S. debt has topped a record $40 trillion. War with Iran is pushing oil prices higher. The Federal Reserve is expected to keep raising interest rates to tame inflation, suggesting mortgage and other borrowing costs won't meaningfully ease soon.
Six Investing Pros Weigh In on Surging Yields—and How to Trade Them
BlackRock’s Rick Rieder sees opportunity in bonds, Ray Dalio recommends caution The yield on the 10-year Treasury note recently surged past 5% to hit fresh 19-year highs. U.S. debt has topped a record $40 trillion. War with Iran is pushing oil prices higher. The Federal Reserve is expected to keep raising interest rates to tame inflation, suggesting mortgage and other borrowing costs won’t meaningfully ease soon. Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved.
Six Investing Pros Weigh In on Surging Yields—and How to Trade Them
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Oman GDP to record 3.5% growth in 2026 and 2027
Shipping cargo through an Arctic shortcut never made economic sense—until now. Climate change and war in the Middle East are flipping the math that previously kept ships plying longer routes from Asia to Europe. A Chinese company on Saturday is starting the first regular cargo service to Europe through Arctic waters, seeking to reap the benefits of quicker travel time and less fuel use.
Qatar raises $3bln from dual-tranche debt issuance, books at $6.4bln
Shipping cargo through an Arctic shortcut never made economic sense—until now. Climate change and war in the Middle East are flipping the math that previously kept ships plying longer routes from Asia to Europe. A Chinese company on Saturday is starting the first regular cargo service to Europe through Arctic waters, seeking to reap the benefits of quicker travel time and less fuel use.
Turkey’s external assets rise 4.2% to $419.6bln
Shipping cargo through an Arctic shortcut never made economic sense—until now. Climate change and war in the Middle East are flipping the math that previously kept ships plying longer routes from Asia to Europe. A Chinese company on Saturday is starting the first regular cargo service to Europe through Arctic waters, seeking to reap the benefits of quicker travel time and less fuel use.
Why Warren Buffett’s son Howie, Berkshire’s new chairman, is also its guardian
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A new Buffett takes on the task of preserving Berkshire Hathaway's culture
Howard Buffett spent much of his adult life a world apart from traditional corporate America, tending to farms in Nebraska and Illinois, but always kept an eye on how his father, Warren Buffett, ran one of the world's most-admired companies. Now, the billionaire's son is ready to reap what he sowed. Howard Buffett, 71, on Friday assumed the title of chairman as his father retires from the role .
A new Buffett takes on the task of preserving Berkshire Hathaway’s culture
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Why Warren Buffett’s Son Howie, Berkshire’s New Chairman, Is Also Its Guardian
Howard Buffett spent much of his adult life a world apart from traditional corporate America, tending to farms in Nebraska and Illinois, but always kept an eye on how his father, Warren Buffett, ran one of the world’s most-admired companies. Now, the billionaire’s son is ready to reap what he sowed. Howard Buffett, 71, on Friday assumed the title of chairman as his father retires from the role.
UAE’s US$115 Billion Treasury Holdings Highlight the Value of Stability and Liquidity
Shipping cargo through an Arctic shortcut never made economic sense—until now. Climate change and war in the Middle East are flipping the math that previously kept ships plying longer routes from Asia to Europe. A Chinese company on Saturday is starting the first regular cargo service to Europe through Arctic waters, seeking to reap the benefits of quicker travel time and less fuel use.
Reimagining finance: DIFC to convene global leaders across banking, private markets, asset management, FinTech, public policy and sustainability at Dubai Future Finance Week
Shipping cargo through an Arctic shortcut never made economic sense—until now. Climate change and war in the Middle East are flipping the math that previously kept ships plying longer routes from Asia to Europe. A Chinese company on Saturday is starting the first regular cargo service to Europe through Arctic waters, seeking to reap the benefits of quicker travel time and less fuel use.
Hedge funds are the wild card in the turbulent bond market
Anxiety about the Iran war, inflation and mushrooming public debt have driven the recent selloff in Treasury bonds. There is another factor that could add volatility into the mix: hedge funds, a growing force in this market. For decades, governments could rely on predictable buy-and-hold investors to snap up their sovereign debt. Now, pensions and other long-run investors are pulling back in search of higher returns elsewhere, leaving a void filled by hedge funds and other faster-twitch traders.
Hedge funds are the wild card in the turbulent bond market
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Hedge Funds Are the Wild Card in the Turbulent Bond Market
A pullback by pension funds in Treasurys has created a void filled by hedge funds; the New York Fed is asking about the potential risks
Hedge Funds Are the Wild Card in the Turbulent Bond Market
Sept. 14, 2026 9:00 pm ET Staffers at the New York Federal Reserve have asked about hedge funds’ growing role in the Treasury market. Brendan McDermid/Reuters Anxiety about the Iran war, inflation and mushrooming public debt have driven the recent selloff in Treasury bonds. There is another factor that could add volatility into the mix: hedge funds, a growing force in this market. For decades, governments could rely on predictable buy-and-hold investors to snap up their sovereign debt.
Hedge Funds Are the Wild Card in the Turbulent Bond Market
A pullback by pension funds in Treasurys has created a void filled by hedge funds; the New York Fed is asking about the potential risks Sept. 14, 2026 9:00 pm ET Staffers at the New York Federal Reserve have asked about hedge funds’ growing role in the Treasury market. Brendan McDermid/Reuters Anxiety about the Iran war, inflation and mushrooming public debt have driven the recent selloff in Treasury bonds.
Saudi business confidence climbs to 56.7 points on industry, services gains
Shipping cargo through an Arctic shortcut never made economic sense—until now. Climate change and war in the Middle East are flipping the math that previously kept ships plying longer routes from Asia to Europe. A Chinese company on Saturday is starting the first regular cargo service to Europe through Arctic waters, seeking to reap the benefits of quicker travel time and less fuel use.
The Stock Market’s Breezy Summer Is Over. Investors Beware.
The stock market had a decent summer. Investors are bracing for a bumpier fall. In the past couple of months, equity investors cheered soaring profits at big companies, shrugged off jitters in the bond market and nudged megacap tech shares back near records. Now, as the post-Labor Day stretch begins, a number of new challenges lie ahead: ever-shifting odds of an interest-rate increase from the Federal Reserve. Sky-high expectations after a stunning earnings season.
Arab National Bank prices $750mln PNC5.5 AT1 sukuk
Shipping cargo through an Arctic shortcut never made economic sense—until now. Climate change and war in the Middle East are flipping the math that previously kept ships plying longer routes from Asia to Europe. A Chinese company on Saturday is starting the first regular cargo service to Europe through Arctic waters, seeking to reap the benefits of quicker travel time and less fuel use.
Egypt and Oman mull special economic zones integration to boost trade
Shipping cargo through an Arctic shortcut never made economic sense—until now. Climate change and war in the Middle East are flipping the math that previously kept ships plying longer routes from Asia to Europe. A Chinese company on Saturday is starting the first regular cargo service to Europe through Arctic waters, seeking to reap the benefits of quicker travel time and less fuel use.
The Sudden Unraveling of Wall Street’s Momentum Trade
Wall Street’s hottest momentum trade has reversed sharply, as former winners tumble and heavily shorted stocks surge. Wall Street’s hottest trade has gone ice cold. For years, it paid off to buy stocks that were rising in price—and bet against struggling shares.
华尔街动能交易突然遭遇溃败
华尔街最炙手可热的交易如今已降至冰点。 多年来,买入上涨股、做空落后股的策略一直有利可图。今年,这种“动能交易”更是赚得盆满钵满。投资者蜂拥买入美光科技(Micron Technology)、英伟达(Nvidia)、Advanced Micro Devices等人工智能(AI)宠儿,同时大举做空那些可能在AI浪潮中受损的股票。 Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The sudden unraveling of Wall Street's momentum trade
Wall Street's hottest trade has gone ice cold. For years, it paid off to buy stocks that were rising in price—and bet against struggling shares. The momentum trade was especially profitable this year, as investors piled into hot stocks including Micron Technology, Nvidia, Advanced Micro Devices and other artificial-intelligence darlings while wagering against those likely to be hurt by the embrace of AI.
The Sudden Unraveling of Wall Street’s Momentum Trade
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The Sudden Unraveling of Wall Street’s Momentum Trade
The ‘self-fulfilling prophecy’ of betting on rising winners has suddenly turned into a losing game for investors who banked on its success The momentum trade isn’t looking like such a safe bet to Wall Street. Jeenah Moon/Reuters Wall Street’s hottest trade has gone ice cold. For years, it paid off to buy stocks that were rising in price—and bet against struggling shares.
The Sudden Unraveling of Wall Street's Momentum Trade — WSJ
By Gregory Zuckerman and Gunjan Banerji Wall Street's hottest trade has gone ice cold. For years, it paid off to buy stocks that were rising in price-and bet against struggling shares. The momentum trade was especially profitable this year, as investors piled into hot stocks including Micron Technology, Nvidia, Advanced Micro Devices and other artificial-intelligence darlings while wagering against those likely to be hurt by the embrace of AI.
Druckenmiller: sono orgoglioso di avere usato l’AI per scrivere l’articolo dove critico Bessent
Aggiungi Milano Finanza alle tue fonti preferite su Google per non perderti i nostri contenuti Lunedì 24 Wall Street è rimasta sbalordita quando il segretario al Tesoro Scott Bessent è stato duramente criticato da uno dei suoi amici e mentori: il leggendario investitore di hedge fund Stanley Druckenmiller.
Druckenmiller's surprising critique of Bessent was delivered with the help of AI
Wall Street was stunned Monday when Treasury Secretary Scott Bessent was taken to task by one of his friends and mentors: legendary hedge-fund investor Stanley Druckenmiller. In an opinion article for The Wall Street Journal, Druckenmiller sharply criticized Bessent's move to intervene in the U.S. bond market, saying that stepping up government buybacks to bring down yields was a mistake. The Journal's opinion pages operate independently from the newspaper's newsroom.
ドラッケンミラー氏、米財務長官批判のWSJ寄稿で「AI活用」
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://jp.wsj.com/articles/druckenmillers-surprising-critique-of-bessent-was-delivered-with-the-help-of-ai-345d2058
Druckenmiller’s Surprising Critique of Bessent Was Delivered With the Help of AI
We and our partners use “cookies” and similar technologies on our websites so that we can offer you the best possible experience. Cookies allow us to access and store data on a device and process personal data, such as unique identifiers, sent by a device to personalise content, tailor and report on advertising and analyse our traffic. We work with 71 partners to do this. By clicking “I Agree”, you will allow the use of these cookies. For certain purposes, legitimate interests may be relied on.
Druckenmiller's Surprising Critique of Bessent Was Delivered With the Help of AI — WSJ
By Gregory Zuckerman, Melissa Korn and Sam Goldfarb Wall Street was stunned Monday when Treasury Secretary Scott Bessent was taken to task by one of his friends and mentors: legendary hedge-fund investor Stanley Druckenmiller. In an opinion article for The Wall Street Journal, Druckenmiller sharply criticized Bessent's move to intervene in the U.S. bond market, saying that stepping up government buybacks to bring down yields was a mistake.
Druckenmiller’s Surprising Critique of Bessent Was Delivered With the Help of AI
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华尔街如何嗅到了Situational Awareness危机爆发的气息
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://cn.wsj.com/articles/how-wall-street-sussed-out-that-situational-awareness-was-on-the-ropes-d5bcdfa1
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