Citi throws in the towel on hyperscalers after a key market bet misfires
Summary
Citigroup has abandoned its investment strategy regarding major cloud computing providers following an unsuccessful market wager. This comes as growth-focused assets and large-scale tech companies lag behind due to a significant shift in market direction.
Hyperscalers and growth plays have underperformed amid a sharp rotation
Source: Read the full story at MarketWatch.com - Top Stories
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