Implosion of Situational Awareness hedge fund has Wall Street betting the bottom is in for the AI trade

One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind in his mid-20s has apparently just been carried out on a…

MarketWatch · Jul 30, 2026, 6:09 PM EDT

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