Hedge funds edged back into technology stocks last week after several weeks of aggressive selling with buying focused on large cap tech names, according to a report by Reuters citing a recent client note from the prime brokerage division at JPMorgan.
Stocks viewed as vulnerable to advances in artificial intelligence were also in favour, following sharp declines across the sector earlier this year. Technology shares have come under pressure after a prolonged rally, as investors reassess whether A...
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.
Alternative Investment News