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DeepNewz, mobile.
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Hedge funds have significantly increased their investments in technology stocks, marking the most extensive buying spree since 2022. According to Goldman Sachs, this trend was particularly notable over the past week, with hedge funds buying tech stocks for 11 consecutive days. This surge in buying activity coincides with positive earnings reports from major tech companies like Tesla, Microsoft, and Google, which have also spurred interest from retail investors.
Hedge Funds Loading Up on Tech Stocks 🚨 Last Week saw the largest buying of Tech Stocks by Hedge Funds since 2022 according to Goldman Sachs https://t.co/HzfVx3RVUv
Hedge Funds Are Stepping Up Purchases of Tech Stocks, according to Goldman Sachs https://t.co/qQMZe72Gsd
The risk-on momentum in technology stocks last week wasn’t lost on hedge funds, who scooped up the sector’s companies at the fastest clip in more than a year https://t.co/K4n4XdUvDQ
