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[Goldman Sachs data shows hedge funds sold off global technology stocks quickly last week] November 9th: Hedge funds sold off global technology stocks last week at one of the fastest rates on record because of concerns that the U.S. Democratic Party may hinder the construction of data centers, triggering a sharp reassessment of AI transactions. Technology stocks were the largest net selling sector globally and in the U.S. last week, with the percentage roughly matching Goldman Sachs Group Inc.'s data going back to 2016. It also triggered the largest wave of net selling of a single stock in four months, according to the bank's prime brokerage data as of Nov. 6.
AI 🕐 2026-11-09 17:31
#AI #data center #hedge fund
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