Hedge funds became more cautious on some of the stocks at the centre of the AI investment boom in August, as growing reliance on debt to finance AI infrastructure raised questions over whether future cash flows will be sufficient to cover funding costs.
That’s according to the Data Insights, the institutional hedge fund market intelligence platform from Hazeltree, with the firm’s August Crowding Report finding that none of the Magnificent Seven stocks recorded an increase in the number of hedge...
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