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Tiger Global slashes bets on tech groups after stock market sell-off

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Hedge funds scale back bets on US stocks as losses surge\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. hedge funds losing money is something everybody has got used to since 10 years or so The American stock market has lost 17% since the beginning of the year, 8 trillion dollars have evaporated into a vacuum. By the end of the year, a specific figure has been named - another 20 will disappear ... The total fall will be 50% of the entire speculative empire of the biancoresearch Are you sure?
Source: FT - 🏆 113. / 51 Read more »

‘Unstoppable until they aren’t’: are tech market losses signs of a bust?Apple is no longer the most valuable company, Meta took a $230bn hit, Amazon reported its first loss since 2015, but a slump ‘is a big question mark’
Source: Guardian Tech - 🏆 29. / 68 Read more »