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

CNBC's Jim Cramer said the collapse of AI-focused hedge fund Situational Awareness removed a major source of forced selling.
This is a short summary published by AI Global Wire. The full article is owned and hosted by CNBC Technology — open it there to read it in full.
Read the full story at CNBC TechnologyRelated AI news
- Upstart’s AI upgrades pay off, as a pickup in loan growth helps send the stock higherMarketWatch Tech · August 4, 2026
- SpaceX stock drops after first earnings report as AI costs soar: Live updatesCNBC Technology · August 4, 2026
- AMD's revenue climbs 50% and data center sales doubled, but the stock is downCNBC Technology · August 4, 2026
- SpaceX revenue jumps 92% and AI costs soar in first earnings report since IPO: Live updatesCNBC Technology · August 4, 2026
- SpaceX revenue jumps 92% in first earnings report since IPO: Live updatesCNBC Technology · August 4, 2026
- Palantir stock skyrockets 29%, narrowly missing its best day ever after 'otherworldly' resultsCNBC Technology · August 4, 2026