Jane Street suffers $15bn hit after meltdown at Situational Awareness
2 sources·Updated August 15, 2026
Covered by 2 sources
- Economic Times·2h agoJane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources say
In July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the firm has accrued more than $40 billion in revenue this year, putting it ahead of competitors. Meanwhile, AI hedge fund Situational Awareness…
Read at Economic Times → - Financial Times·10h agoJane Street suffers $15bn hit after meltdown at Situational Awareness
Secretive Wall Street trading firm wrongfooted by July AI rout
Read at Financial Times →
