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Tiger Global, Whale Rock Battered by AI Fears in Painful October

Bloomberg Technology Thursday 05 November 2026, 23:03 UTC By Hema Parmar 1 min read
Key Points

EXCLUSIVE Tiger Global, Whale Rock Battered by AI Fears in Painful October Tiger Global Management and Whale Rock Capital Management were among stock-picking hedge funds that were pummeled last month as concerns over AI investments roiled markets. The October rout fueled an 8.5% decline for Tiger’s hedge fund, leaving it little changed on the year, according to people familiar with the matter. Whale Rock’s flagship fund, which bets on stocks and private companies, tumbled about 8%, paring...

EXCLUSIVE Tiger Global, Whale Rock Battered by AI Fears in Painful October Tiger Global Management and Whale Rock Capital Management were among stock-picking hedge funds that were pummeled last month as concerns over AI investments roiled markets. The October rout fueled an 8.5% decline for Tiger’s hedge fund, leaving it little changed on the year, according to people familiar with the matter. Whale Rock’s flagship fund, which bets on stocks and private companies, tumbled about 8%, paring its 2026 gain to roughly 34%, people said, asking not to be identified discussing confidential details.
Tiger Global (ORG) AI (ORG) Tiger (ORG)
Originally published by Bloomberg Technology Read original →

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