US Stocks: Hedge fund stock pickers are suffering from the sell-off in AI-related technology, Goldman says

Hedge fund stock pickers have had one of their worst three-week stretches since the first half of 2022, according to a Goldman Sachs client note seen by Reuters on Friday, as the sell-off in AI software-related technology continues this year.According to LSEG data, the S&P 500 software and services index is down nearly 18% so […]

SEBI to comprehensively review short selling and SLBM frameworks: Tuhin Kanta Pandey

Securities Exchange Board of India (SEBI) chief Tuhin Kanta Pandey has said the capital markets regulator will comprehensively review the short selling and securities lending and borrowing (SLBM) mechanism after acknowledging that the system remains underdeveloped compared to other jurisdictions.Speaking at the CNBC TV-18 Global Leadership Summit, Pandey said, “An active SLBM program is critical […]