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Party Almost Over? Hedge Funds Dumping Record Amounts Of Tech Stocks To Retail Investors

Business June 26, 2024

Looking at the daily meltup in the Big 5 Mega cap stock (because RIP Mag7, that's why), where as Goldman observed two weeks ago the five biggest names are now taking turns going on runs to all time highs (today, for example, AMZN just hit a record high above $2 trillion as NVDA takes a break)...

party almost over hedge funds dumping record amounts of tech stocks to retail investors

... one would think that both hedge funds and retail investors are scrambling to buy up this latest AI bubble.

Previous article: Yen-sanity Blows As Jensenity Slows: Bonds & Bullion Dumped As Big-Tech (Ex-NVDA) Jumps Prev Next article: Solid 5Y Auction Stops Through As Foreign Demand Jumps To 4 Month High Next

Authored by Tyler Durden via ZeroHedge June 26th 2024

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