Big Investors Sold U.S. Tech Stocks Fast Amid AI Turbulence

Hedge funds — large, risk-taking investment pools — sold U.S. tech stocks at a record pace as of July 20, 2026, the Economic Times reported, shaken by swings tied to AI hype. That selling helps explain why the Nasdaq, a tech-heavy stock index, gave up early gains to close down less than 0.1% on July 21. The question: are bargain hunters stepping in, or is the selling just fading?