Short Sellers Gain $6 Billion as Neocloud Shares Slide
Investors betting against US neocloud and data center companies have made $6 billion in paper profits so far this month as fears over debt-fueled AI expansion sparked a selloff.
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Nike, Moderna and Walmart Rise as Investors Rotate From AI Stocks
Nike, Moderna and Walmart shares climbed Thursday as investors shifted out of technology and AI stocks for a second session. AI infrastructure shares fell, with Dell down more than 9% and Broadcom down 2.5% early Thursday.