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Goldman’s Pasquariello Says Tech Rout Casts Doubt on AI Trade

Bloomberg Technology Monday 26 October 2026, 16:51 UTC By Jan-Patrick Barnert 1 min read
Key Points

Hedge funds sold technology stocks at the fastest pace in two years last Thursday during Wall Street’s biggest rout since July, casting serious doubt over conviction in the trade, according to Goldman Sachs Group Inc.’s Tony Pasquariello.

Hedge funds sold technology stocks at the fastest pace in two years last Thursday during Wall Street’s biggest rout since July, casting serious doubt over conviction in the trade, according to Goldman Sachs Group Inc.’s Tony Pasquariello.
Goldman’s Pasquariello Says Tech Rout Casts (ORG) Goldman Sachs Group Inc.’s (ORG) Tony Pasquariello (PERSON)
Originally published by Bloomberg Technology Read original →

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