FeesSafety
Pluang+

Hedge funds sold tech stocks heavily before chip stocks surged nearly 7%.

10 Nov 2026, 16:54 WIB
24/7 Wall Street
View Source
Bullish
Hedge funds sold tech stocks heavily before chip stocks surged nearly 7%.

Hedge funds sold technology stocks at near-record levels through November 6, 2026, just before chip stocks jumped nearly 7% on November 9. This selling was part of a broad market deleveraging amid post-midterm volatility, with funds reducing both long and short positions. The chip rally was partly driven by short-covering rather than renewed confidence, and strategists remain divided on whether the selling is over. Investors will watch upcoming inflation data closely to gauge if the chip sector's rebound is sustainable or if further selling may occur.

Hedge funds' activity in technology stocks is the subject, with Pluang's market snapshot as of Nov 10, 2026 21:41 WIB showing breadth among 150 priced Technology-sector US stocks where 39 rose and 111 fell. Notable movers include PUBM at USD 17.60 with a 1-day change of -7.51% and 100% sell order activity, TTWO at USD 222.07 with a 1-day change of +7.07% and a typical hold time of 115 days, and KLTR at USD 1.51 with a 1-day change of +5.66%. The largest single-day drop was PUBM's -7.51%.

More News

New AI tool Book Leopard cuts Amazon book marketing costs to under $50 with fast, quality covers and ads.

New AI tool Book Leopard cuts Amazon book marketing costs to under $50 with fast, quality covers and ads.

Book Leopard, a new AI software, enables authors and publishers to create professional-quality Amazon book marketing materials in seconds for a one-time fee of $49, drastically reducing costs from over $1,000 and weeks of waiting. The tool generates ...

Others
Bullish
1 hour ago
Global nucleic acid labeling market to hit $2.8B by 2032, driven by genomics and diagnostics growth.

Global nucleic acid labeling market to hit $2.8B by 2032, driven by genomics and diagnostics growth.

The global nucleic acid labeling market, valued at $1.7 billion in 2025, is projected to grow to $2.8 billion by 2032 at a 7% CAGR. Growth is fueled by advances in genomics, molecular diagnostics, and personalized medicine, with increasing demand for...

Market News
Bullish
1 hour ago
MonetizeMore launches AI tool to help publishers avoid Google AdSense bans.

MonetizeMore launches AI tool to help publishers avoid Google AdSense bans.

MonetizeMore introduced the AdSense Policy Grader, an AI-powered tool that audits websites for compliance with Google's ad policies to prevent account bans and revenue loss. The tool offers a free basic report and a detailed paid report covering 79 p...

Others
Neutral
1 hour ago
project44 integrates with Snowflake AI to deliver reliable AI-driven supply chain decisions via Mo analyst.

project44 integrates with Snowflake AI to deliver reliable AI-driven supply chain decisions via Mo analyst.

project44 has partnered with Snowflake to enhance supply chain decision-making through Mo, an AI-powered supply chain analyst. Mo uses project44's extensive logistics data and Snowflake Cortex AI to provide accurate, consistent answers to complex sup...

Market News
Bullish
2 hours ago
Duke Robotics expands IC Drone platform to Greece via strategic deal with CRONOS for energy sector projects

Duke Robotics expands IC Drone platform to Greece via strategic deal with CRONOS for energy sector projects

Duke Robotics has entered a strategic collaboration with Greek security firm CRONOS to commercialize its Insulator Cleaning Drone (IC Drone) technology in Greece. This partnership leverages CRONOS's strong presence in Greece's critical infrastructure...

Market News
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App