Friday, 23 October, 2026
Tech Wreck Triggers Worst Hedge Fund Losses Since COVID Era
By TechShots Studio
Global hedge funds suffered steep portfolio damage this week following a deepening technology selloff driven by heavy AI spending concerns. Major long-short funds faced their sharpest daily drops since the pandemic, as plunges in crowded tech and AI-linked stocks forced rapid deleveraging and triggered broad losses across the sector.
Read full story at REUTERS