Why do most posters here think SB lost money with this? They've definitely _made_ money, a lot of it. I'd be damn if they didn't double or even triple.
The article claims SB started their moves in April ($4 billion in FAANG stocks and another $4 in _call_ options) and continued up to last week. Even if SB lost all of Aug's gains, they'd still come out ahead with the gains from April-July. The retail investors poured in over $32 billion into the market in the same span.
Now whether this is good old smart investment or blatant stock manipulation, is a different story. Though I got a feeling Trump's DoJ will not exactly rush to crack down on SB.