Goldman Sachs: Hedge funds' exposure to AI stocks has fallen to its lowest level this year.
1 hours ago
Prime brokerage data shows hedge funds are cutting their exposure to AI-related stocks, explaining why strong earnings and upbeat guidance failed to prevent chip stocks from falling. According to a Wall Street Journal report citing data from Goldman Sachs’ prime brokerage business, hedge funds’ exposure to a basket of AI-themed stocks has dropped to its lowest level this year. The basket includes previously high-flying AI hardware and semiconductor stocks such as AMD, Micron, and Nvidia. Goldman Sachs data indicates that the recent decline is more of profit-taking and position adjustment rather than a sudden deterioration in fundamentals. This round of position reduction occurred after chip stocks had rallied sharply. Despite TSMC’s strong results and ASML’s upward guidance, semiconductor stocks were still sold off; the PHLX Semiconductor Index fell more than 4% on Thursday. Goldman Sachs’ relevant strategy view suggests that some funds are considering shifting from the crowded chip trade to hyperscalers that have underperformed this year, such as Meta, Alphabet, and Oracle.
SOL falls below $75, with a 2.92% decline in the past 24 hours.
1 seconds ago
Ethereum researcher releases Privacy Guardians 2.0 proposal, aiming to achieve maximum attainable privacy for on-chain payments.
1 seconds ago
【Whale Tracking】The largest long holder of HYPE is less than $4 away from its liquidation line, and risks liquidating an $82 million position if the price decline continues.
1 seconds ago
Data: Developer activity on Robinhood Chain rises to second place in public blockchain rankings.
1 seconds ago
Micron announced that it has signed an SCA with seven companies including Qualcomm to secure automotive memory supply.
1 seconds ago
Coinbase CEO’s profile picture change drives sharp gains for B20 meme coin Brain, with its market capitalization briefly hitting $30 million.
1 seconds ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

