Hedge funds' AI positions have been reset after one year. Is the correction nearing its end?

A more severe crash than during the dot-com bubble burst

Seo-hak beginner goes all-in on $SOXL for a month Result? Decimated https://t.co/V6gQOFsXlA

OpenAI is reportedly reducing its target for the latest funding round to $10 billion. According to the Financial Times, the company aims to raise $20 billion based on a current enterprise valuation of $1.25 trillion, down from its original plan to raise $30 billion.

Intel Leverage -86.98% Crash The Risks of Leverage

The short interest in $QQQ, the Nasdaq-100 ETF, has increased to approximately 82 million shares, reaching its highest level since March 2023.

I thought the bottom had been reached and got excited, but my profits got wiped out in just a day or two. lol

Money is shifting from semiconductors to finance. #ThemeRotation #USStockMarket https://t.co/jqLayRXFVK

Determining whether the current plunge is an opportunity or a trap is the top priority.

Yesterday was not a broad market collapse for U.S. stocks. Selling pressure was concentrated on technology stocks, particularly AI companies experiencing rapid investment growth.