| 08.07.2024 Opalesque Roundup: Global hedge funds aggressively selling tech stocks: hedge fund news |
| In the week ending July 5th 2024, a Reuters report quoted Goldman Sachs saying that global hedge funds in June sold U.S. shares of technology, media and telecommunications (TMT) companies at the fastest pace since 2016, mainly driven by semiconductor stocks. The sales could indicate that portfolio managers have become more bearish on tech stocks, after the sector's powerful rally in the first |
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