July 2, 2024
Funds

Hedge Funds Have Sold Tech and Consumer Stocks, While Buying Banks and Energy, Says Goldman

While the media and sell-side analysts are preoccupied with Nvidia , Microsoft and Apple jockeying for the top market cap, the smart money’s been selling tech and internet stocks. That’s what Goldman Sachs reports, in the latest readout from the prime services unit that caters to the broker’s hedge fund clients. The June report from

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