A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin’s Citadel.
A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin’s Citadel.
<iframe src="https://statesidedaily.com/embed/cluster/1630dcd87ae675c96ae8f6c1795d11676de3a06a" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Hedge Funds Take Big Hit in July After AI Selloff"></iframe>
