Reported 1 day ago
According to Goldman Sachs, hedge funds sold off tech stocks at an accelerated pace last week, marking the largest decline in five years, as markets reacted to impending tariffs set by the Trump administration. This sell-off was largely focused on the technology sector, including major players like Nvidia, AMD, and Tesla, raising concerns about potential economic repercussions as hedge fund exposure to tech stocks reaches a five-year low.
Source: YAHOO