AI Fatigue Hits Tech Biggies: Inverse ETFs in Focus

Short sellers are wagering against top AI stocks currently, which has earned them billions. On Wednesday, the Nasdaq Composite fell 0.7%, capping a two-day decline of 1.5% as concerns about the sustainability of the AI boom made the rounds.According to data from S3 Partners, short sellers amassed $5.6 billion on wagers against AI-linked companies in just two trading sessions.Big Tech Takes a HitAmong the Magnificent Seven, Meta (META) has been the hardest hit, down 4% over the past five sessions. NVIDIA (NV ...