Tag Archives: 5.6B

Short Sellers Bank $5.6B Betting Against AI Stocks

Short Sellers Bank .6B Betting Against AI Stocks

Short sellers made huge profits this week by betting against artificial intelligence stocks, as the recent hype around AI started to cool off. More specifically, according to data from S3 Partners, traders shorting AI-related stocks made $5.6 billion in profits over just two trading days. Interestingly, many experts are starting to question whether the AI trend is becoming a bubble. …

Read More »