Goldman Sachs says global hedge funds are piling into U.S. technology stocks
<p>Goldman Sachs not really breaking any surprisng news with this. In summaryL</p><ul><li>Global hedge funds having a notable shift in sentiment towards U.S. technology stocks</li><li>They are actively accumulating positions in the sector at the most rapid pace in two months</li><li>Renewed optimism on artificial intelligence (AI), a positive outlook for major global tech entities are key drivers of the buying</li><li> Funds have net short positions in stock sectors such as health care, utilities, and energy</li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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