Exclusive | Situational Awareness Down 67% in July in AI Stock Rout - WSJ

Exclusive | Situational Awareness Down 67% in July in AI Stock Rout  WSJ

There are more similarities between the two hedge-fund blowups than one might expect.

Investors say the hedge fund deal reassured jittery traders in tech stocks

Bloomberg's Hema Parmar details the massive selloff of AI assets from Situational Awareness, one of the world's biggest hedge funds and how Citadel's Ken Griffin stepped in to buy the investments. Parmar said that this move is part of Griffin's 'playbook' and he will often jump in to get a good deal when firms are in d

Leopold Aschenbrenner's $45 billion hedge fund was forced to slash public stock positions after a historic momentum reversal triggered margin calls.

Smart people in tech and investing are weighing in on the meltdown of Situational Awareness. NYSE Leopold Aschenbrenner's AI-focused fund sold most of its stock portfolio to Citadel. The sale came after Situational Awareness experienced major losses in AI-related positions. Investors are weighing in on what it says ab

Citadel Buys Most Of Situational's Stock Holdings After AI Share Rout, Sources Say  HuffPost

Citadel buys most of Situational's stock holdings after AI share rout, sources say  Reuters

NEW YORK, July 30 : Situational Awareness, an AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner, sold the bulk of its stock portfolio to Ken Griffin’s Citadel after being battered by heavy losses in its tech holdings, two sources familiar with the matter told Reuters on Thursday. Situational w

MarketsUnwinding of AI-linked trades sends warning signals across Japan and TaiwanStock in SK Hynix dropped on July 29 despite the South Korean company announcing robust earnings earlier in the day. © ReutersJADA NAGUMOJuly 29, 2026 17:43 JSTTOKYO -- South Korean stocks accelerated their recent declines on Wednesday, w

The gains came even as India's IT sector continues to face headwinds, including subdued discretionary technology spending, pricing pressure, higher employee costs and uncertainty over how artificial intelligence could affect conventional outsourcing revenues.

A global rout in chip stocks plunged the Nasdaq into correction territory on Tuesday just hours after South Korea’s bourse was forced to halt trading, in a sharp change of fortunes for what has been one of the year’s top performing exchanges. New York’s tech-heavy index fell nearly two per cent at the US market…

The Nasdaq Composite index slid more than 1 percent before recovering, a bumpy ride that has escalated in recent days.

It’s a chip panic that “appears to be indiscriminate,” analysts say.

STOCK markets are tumbling in Asia amid an AI-sell off as investors dump some of the industry’s biggest chip stocks.