Hudson River posts $11.4bn trading windfall as it seizes on market tumult

Hudson River Trading, a Wall Street firm, reported an $11.4 billion trading windfall, capitalizing on market volatility driven by swings in AI stocks and the Iran war. The firm's success highlights the impact of geopolitical events and AI-related market movements on trading strategies.

Hudson River posts $11.4bn trading windfall as it seizes on market tumult Source: Financial Times Technology https://www.ft.com/technology Wall Street firm benefited from swings in AI stocks and volatility triggered by Iran war Get AI news in your inbox Daily digest of what matters in AI.