Autonomous Vehicles Will Alter Cityscapes

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This fund run by a SAC Capital alum bought restaurant stocks amid the pandemic

restaurantPrentice Capital Management was up 6.6% for the first four months of the year, compared to the S&P 500's 9.3% decline and the Russell 2000's 21.1% decline. The HFRX Equity Hedge Index was down 9.4% for the quarter. Q1 2020 hedge fund letters, conferences and more Gross and net exposures In his first-quarter letter to […]

Autonomous vehicles will alter cityscapes

DETROIT — Imagine acres of parking decks converted to parks. Picture a ride-sharing app that summons a car with no driver. Envision many fewer fatal traffic accidents. Self-driving dump trucks and tractors are already here, but autonomous vehicles for individuals won’t be a common site on our roadways until about 2023, according to a report by…