Source: CNBC News Agency
2 months ago•
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Jim Cramer says one hedge fund's collapse cleared the way for tech's rally

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, allowing technology stocks to rally on strong fundamentals. He said the timing was critical, with the fund's unwind coinciding with earnings season and helping companies like ServiceNow finally see strong results rewarded by investors.
Source: CNBC
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