Market volatility has become a common theme in recent months, with the CBOE Volatility Index hitting a high of 66 during the August 5 selloff. This spike was triggered by weaker-than-expected jobs data and concerns over an imminent recession due to the unwinding of the yen carry trade. As a result, the S & P
Investing
As the market experiences a third-quarter sell-off, major hedge funds have been quick to shed some of the leading artificial intelligence (AI) stocks of 2024. Regulatory filings have revealed that billionaire investors have been selling off stakes in prominent companies such as Nvidia, Alphabet, and Meta Platforms. This move comes ahead of a period of