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US Stock Market | Hedge funds extend selloff in tech hardware stocks ahead of earnings: Goldman Sachs
US hedge funds cut exposure to technology hardware stocks for a fourth straight week ahead of the earnings season, amid weakness in semiconductor shares and concerns over AI-related spending. They also trimmed holdings in industrials and consumer discretionary stocks while increasing allocations to index funds, ETFs and defensive sectors.
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zerohedge.com
How Hedge Funds Started July: US Stocks Sold, As Tech Dumped For 4th Straight Week
Hedge funds sold US equities for a 3rd straight week, driven by long sales in Single Stocks partially offset by long buys in Macro Products...
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thenextweb.com
Hedge funds sold chip stocks for a fourth week, but not the AI trade
Goldman Sachs data shows semiconductors were the most net-sold US sector for a fourth week, though hedge funds’ AI positioning stays near record highs.
