Point72's Steve Cohen said he's "pretty negative" on the impact of tariffs, lower immigration, government spending cuts, and inflation on the economy.

Is A.I. any match for the law? Steve Cohen, the billionaire hedge fund investor behind Point72 Asset Management, certainly seems to think so. Point72 Private Investments, an arm under Cohen’s New York-based hedge fund, is the lead investor in a new $75 million funding round for Luminance, a startup using A.I. to draft and negotiate legal contracts.

After coming within two games of the World Series and then winning the offseason by landing right fielder Juan Soto to a 15-year, $765 million contract, the Mets have seen a “decent, significant percentage increase” in ticket sales, according to Cohen.

PORT ST. LUCIE — Steve Cohen has visions of dropping below what even he wryly called on Tuesday the “Cohen Tax” threshold. I bet he believes the day is coming in the next few years when David Stearns has overseen a farm system that annually delivers difference makers and depth.

After turning the New York Mets into baseball’s biggest spender, owner Steve Cohen would like to see his team build more economically through its farm system.

After signing Juan Soto to a record $765 million, 15-year contract and reaching deals with Pete Alonso, Sean Manaea, Clay Holmes, Frankie Montas, and others, Cohen estimated his team’s payroll at $325 million.

"I've always wanted to be a little more measured in payroll growth, and then we get there and it's never quite there,” Cohen said Tuesday.