Investors are piling into bearish bets on big tech hyperscalers and key chipmakers this year, pushing several of the group into the market’s most-shorted ranks — Alphabet Inc.
(NASDAQ:GOOGL) (NASDAQ:GOOG), Amazon.com Inc.
(NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) alongside Broadcom (NASDAQ:AVGO), Micron Technology (NASDAQ:MU) and Nvidia Corp (NASDAQ:NVDA) all sit in S3 Partners’ list of the year’s top 10 most shorted stocks cited by CNBC.
Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX) rank No. 1 and No. 2, respectively, on the same list.
Tech Giants Face Earnings Volatility That bearish sentiment is reflected in recent earnings reactions.
