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Citadel Cashes In on Situational Awareness Deal

Ken Griffin's flagship Citadel fund rose almost 6% in July after buying most of Situational Awareness's public stocks at a discount. Citadel is up almost 12% on the year. Fallout from the troubled artificial-intelligence Situational Awareness hedge fund is still rippling through markets. Bloomberg's Hema Parmar reports on "Bloomberg Open Interest." (Correction: This video has been updated with a graphic reflecting Citadel's performance)

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Bloomberg
Financial

Disney's Third-Quarter Profit Growth Driven by Parks, Streaming

Walt Disney Co.'s fiscal third quarter profit beat Wall Street estimates as soaring income from its entertainment division and the resilience of its theme parks in California and Florida delivered a second straight quarter of better-than-expected profitability for Chief Executive Officer Josh D'Amaro. Geetha Ranganathan of Bloomberg Intelligence has more.

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