Interesting move in the ETF space lately—one well-known fund just dumped its Big Tech holdings. This really cuts to the heart of the ongoing debate: are we looking at AI as this massive opportunity that'll print money for years, or is it turning into an overhyped cash drain? The divergence in institutional positioning tells you everything about how divided Wall Street remains on this question. Some are doubling down while others are heading for the exits.
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Interesting move in the ETF space lately—one well-known fund just dumped its Big Tech holdings. This really cuts to the heart of the ongoing debate: are we looking at AI as this massive opportunity that'll print money for years, or is it turning into an overhyped cash drain? The divergence in institutional positioning tells you everything about how divided Wall Street remains on this question. Some are doubling down while others are heading for the exits.