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

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by Tyler Durden
Thursday, Jun 27, 2024 - 11:11 AM

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)...

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