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Goldman’s Pasquariello Says Tech Rout Casts Doubt on AI Trade
Source: Bloomberg
Investor Sentiment & PositioningMarket Technicals & FlowsTechnology & Innovation
Hedge funds sold technology stocks at the fastest pace in two years last Thursday, during Wall Street’s biggest rout since July. Goldman Sachs’s Tony Pasquariello said the selling casts serious doubt on conviction in the trade.
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