Hedge funds cut technology exposure at the fastest pace in at least a decade as the global AI trade weakened and tech stocks bore the brunt of last week’s selloff. Goldman Sachs data showed funds reduced risk sharply, although technology remained a major part of their portfolios.
Hedge funds cut technology exposure at the fastest pace in at least a decade as the global AI trade weakened and tech stocks bore the brunt of last week’s selloff. Goldman Sachs data showed funds reduced risk sharply, although technology remained a major part of their portfolios.
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