Connect with us

Hi, what are you looking for?

Investing

AI Crypto Tokens at Risk? Hedge Funds DUMP Tech Stocks at Fastest Pace in a Decade

The post AI Crypto Tokens at Risk? Hedge Funds DUMP Tech Stocks at Fastest Pace in a Decade appeared first on Coinpedia Fintech News

Wall Street is pulling the plug on technology stocks, and the implication could stretch well beyond just traditional markets. Hedge Funds have aggressively reduced exposure to the US information technology sector, recording net sell-offs in six of the last eight weeks. According to prime brokerage data, this marks the largest eight-week aggregate reduction in tech …

    You May Also Like

    Stock

    A company that just posted the largest quarterly operating profit in the history of the technology industry should not see its stock fall 7%...

    Stock

    The consensus story about Samsung Electronics is that you buy it for the memory supercycle. That story is incomplete, and the part everyone is...

    Stock

    SK Hynix is not trading at seven times earnings, whatever the screen says. The Korean memory maker closed at ₩1,678,000 on 25 August 2026,...

    Stock

    Index inclusion is not a re-rating. Reddit (RDDT) closed at $178.09 on August 14, 2026, up 12.63% on the session that confirmed its entry...