In early 2025, Whale Rock Capital Management, a well-known hedge fund focusing on technology, media, and telecommunications sectors, reported double-digit losses. According to sources familiar with the company, the fund lost around 20% in the first three months of the year, including a 15% decline just in March. These results significantly exceed the overall drop of the S&P 500 index, which decreased by 4.6% during the same period. Analyzing this situation provides insight into the impact of political and economic factors on the dynamics of the stock market and the investment portfolios of major players.

Gold prices dipped on Friday as investors reassessed their risk exposure following the imposition of new tariffs by U.S. President Donald Trump. However, it is important to note that despite this decline, gold has been on an upward trajectory for the fifth consecutive week, reaffirming its status as a safe-haven asset during market volatility.