Billionaire Steve Cohen’s Point72 Asset Management will return between $3 billion and $5 billion to investors after posting large profits, according to a report in the Wall Street Journal.

In June, Bloomberg had reported that Point72 was aiming to raise approximately $1 billion for this new fund. The swift expansion of Point72's AI fund serves as a recent illustration of market ...

HONG KONG, Jan 16 (Reuters) - Steven Cohen's Point72 Asset Management's new artificial intelligence (AI)-focused fund posted a 14% gain after launching just three months ago, growing the fund to ...