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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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Economic TimesLean R·2h ago
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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US Stock Market | Hedge funds extend selloff in tech hardware stocks ahead of earnings: Goldman Sachs

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