Welcome to Markets Desk, your midday read on what's moving money and markets.
Citadel is making headlines after Ken Griffin's flagship hedge fund offloaded roughly eighty percent of a portfolio it acquired from Situational Awareness, executing more than four billion dollars worth of block trades over recent weeks. That's a significant repositioning, and the speed of the unwind suggests Griffin saw limited upside in holding the book long-term.
Shifting to energy infrastructure, Ormat Technologies is making a serious push into AI data center power. The company spent sixty years building geothermal plants along the Pacific Ring of Fire, becoming the world's largest geothermal operator. Now it's betting that AI's insatiable appetite for reliable baseload electricity puts geothermal squarely in the growth lane.
And in tech policy, Anthropic is drawing attention for its AI watermarking approach, which goes further than rivals by embedding labels that survive editing and translation. Critics say the tool is too aggressive, catching routine proofreading in its net. The debate matters because watermarking standards could become a regulatory flashpoint as governments push for AI content transparency.
That's the tape. Markets Desk, signing off the floor.
