Tech

By Sinéad Carew and Tharuniyaa Lakshmi Oct 19 (Reuters) – The tech-heavy Nasdaq Composite led Wall Street gains on Monday as investors returned to

Hedge funds slashed tech exposure at the fastest pace in a decade, wiping out two years of AI stock accumulation in a single week,

Cognizant (CTSH) stock gains 0.66% as Google Cloud expands its Gemini AI partnership, backing 18,000 engineers and new enterprise automation services.

The so called “smart money” is getting out of the AI trade. According to Wall Street investment bank Goldman Sachs ($GS), hedge funds are

Networking hardware is leading a broad technology rebound, and suppliers of optical links and Ethernet switches for AI data centers are drawing the biggest

Palantir Technologies (PLTR) stock climbed 5.01% to $195.35 as a new Knox Systems partnership targets faster, secure software deployment for U.S. defense.

Nasdaq climbs, lifted by semiconductor and cloud infrastructure plays ahead of mega-cap earnings, today, Oct. 19, 2026.

CoinRoutes CEO calls the AI selloff a healthy correction as chip stocks fall and investors reconsider Anthropic’s $2 trillion IPO valuation.

The stock hasn’t been trading this low since early August.

Hedge funds retreated from tech stocks at the fastest clip in at least a decade, according to Goldman Sachs Inc.’s prime desk.