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Goldman Sachs: Hedge funds last week increased their record level of short positions in U.S. stocks, with the information technology sector being the hardest hit.

Goldman Sachs: Hedge funds last week increased their record level of short positions in U.S. stocks, with the information technology sector being the hardest hit.

Due to concerns about artificial intelligence potentially disrupting existing business models spreading through the market, hedge funds are heavily building short positions in U.S. stocks. Goldman Sachs’ prime brokerage team stated in a client report that, according to data dating back to 2016, last week saw the highest nominal
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