Tech’s ‘last hurrah?’ If hedge funds are any indication, it could be a big week for Apple, Amazon and other prominent megacaps
January 24, 2021 at 14:15 PM EST
According to Goldman Sachs Group's prime brokerage, hedge funds increased their net exposure to megacaps in the technology sector at one of the fastest paces in recent years. This coming off a stretch where the "smart money" was unloading some of top names.