EconomyCitadel’s flagship fund surged 5.9% in July after buying discounted AI stock portfolio
Citadel’s flagship fund gained 5.9% in July. The rise followed the firm’s purchase of a discounted portfolio of artificial intelligence stocks from troubled hedge fund Situational Awareness. The transaction linked the fund’s monthly performance to a deal involving a distressed investment firm and AI-related holdings.
B
Bloomberg News★★☆☆☆2026-08-05 11:29Original
Citadel’s flagship fund surged 5.9% in July after buying discounted AI stock portfolio