RETAIL TRADERS SELL TECH TO FUND SPACEX IPO Retail investors are reducing exposure to semiconductor and AI-linked stocks as enthusiasm builds for SpaceX’s upcoming IPO. Data from Vanda Research shows three consecutive days of net selling, with flows concentrated in recent tech winners, suggesting traders are raising cash or “dry powder” for the listing. Analysts say the shift could increase volatility in equities as investors rebalance portfolios ahead of multiple large IPOs.(*Walter Bloomberg)