Lone Pine Gains 43% in First Half on Both Long and Short Bets

An S&P 500 chart on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 5, 2025. At a time when every dip in stocks is perceived as an opportunity, buyers emerged after a brief pullback led by some of the biggest winners of the artificial-intelligence boom. Photographer: Michael Nagle/Bloomberg