Jane Street takes $15bn hit in July tied to AI sell-off
you are currently viewing:Jane Street takes $15bn hit in July tied to AI sell-offAugust 15, 2026---Jane Street generates more than $40bn in trading revenue year to date, source says Jane Street took a $15bn hit in July from its exposure to AI-focused hedge fund Situational Awareness and other tech stocks that were battered by the market sell-off, according to two people familiar with the matter and a note seen by Reuters. The secretive Wall Street trading firm, however, has generated trading revenue of more than $40bn year to date, one of the sources said, easily outstripping trading revenue at the largest banks and other market-making rivals. Source: gulf-times.com |
August 3, 2026-- Bank of Montreal ("BMO") and REX Shares, LLC ("REX") announced today the launch of the following Exchange Traded Notes("ETNs") issued by BMO:
ETN Title: MicroSectorsTM 3× Long Semiconductor ETNs due July 31, 2046
Ticker: SMHU
Exposure
Type: 3× (long)