Catenaa, Monday, February 24, 2025– Hedge funds have exited US tech and media stocks during the two weeks ending on February 21 at the fastest pace in six months, according to Goldman Sachs. A note sent to Goldman Sachs clients on Friday said speculators “aggressively” dumped both long and short positions in AI-related equipment, media, and communications […]
Catenaa, Monday, May 05, 2025- US media stocks fell on Monday after President Donald Trump announced a 100% tariff on foreign produced films imported to the country. Media stocks such as Netflix fell by over 1.4%, Warner Bros by 0.8% and Paramount Global fell by over 0.9%, while Disney recorded a gain of 0.4% by […]