Hedge funds cut tech holdings as AI worries hit U.S. markets
Briefing by News4U · First published
Wall Street CN reported that since October, concerns over AI investment prospects, financing costs and earnings have triggered sharp U.S. tech-stock declines that spread to hedge-fund performance, with funds such as Tiger Global and Millennium cutting semiconductor holdings amid rising risk aversion. [1]
Sources
- 快讯
Wall Street CN · · Full text