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Hedge funds piled into tech stocks in the weeks before Nvidia earnings. Now, they’re cashing out and selling at the fastest pace in seven months, per Bloomberg.
Hedge funds are dumping tech as retail buys it up 👀 Chart: Goldman Sachs https://t.co/C6GnZEn9HY
Hedge funds are selling tech stocks at the fastest pace in seven months, data from Goldman show, possibly shifting into less-volatile industries https://t.co/lAuKxP1QM1
Hedge funds are rapidly offloading tech stocks following Nvidia's volatile earnings report, with data from Goldman Sachs indicating the fastest pace of selling in seven months. This trend suggests a potential move towards less volatile sectors.