WS #13176
Apple plunges ~10% on weak forecast citing AI-driven component shortages, erasing ~$500B market cap; Nvidia reclaims most valuable company title. Hedge fund 'Situational Awareness' falls 67% in July, sells most AI stock portfolio to Citadel, nearly sells Anthropic stake; signals AI equity fragility.
Apple Supply Chain Warning
Apple plunges ~10% on weak forecast citing AI-driven component shortages, erasing ~$500B market cap; Nvidia reclaims most valuable company title.
Hedge fund 'Situational Awareness' falls 67% in July, sells most AI stock portfolio to Citadel, nearly sells Anthropic stake; signals AI equity fragility.