Jim Cramer Attributes Tech Rally to Hedge Fund Collapse

CNBC's Jim Cramer stated that the collapse of the AI-focused hedge fund Situational Awareness removed a significant source of forced selling, thereby clearing the path for the recent rally in tech stocks.

4 Aug, 22:22 — 4 Aug, 22:22

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cnbcMostly Factual1h ago

Jim Cramer says one hedge fund's collapse cleared the way for tech's rally

CNBC's Jim Cramer said the collapse of AI-focused hedge fund Situational Awareness removed a major source of forced selling.

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Jim Cramer Attributes Tech Rally to Hedge Fund Collapse

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Jim Cramer says one hedge fund's collapse cleared the way for tech's rally

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