Hedge funds' exposure to Magnificent 7 at record high as Nvidia soars

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 50%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Hedge funds’ exposure to U.S. technology behemoths hit a record high following Nvidia Corp.’s estimate-thumping earnings report last week, according to Goldman Sachs Group Inc.’s prime brokerage.

Hedge funds' exposure to Magnificent 7 at record high as Nvidia soarsBYD Shows Off New Hybrid Powertrain Capable of Ultra-Long DriveConocoPhillips in Talks to Acquire Marathon Oil, FT ReportsCathie Wood’s $60 Million Venture Fund Nabs Stake in Elon Musk’s xAIWhat Mexico’s Investors Are Watching Ahead of ElectionsEntrepreneurs already leaving Canada due to capital gains hike, Wattpad founder Allen Lau saysTreat the future you: 3 smart ways to invest your tax refundOttawa moves to expand CRA...

and EuropeCanada’s GDP per capita in Q1 likely fell for 7th straight quarter: RBCThe Daily Chase: The fight for Gildan is overForeign investment in China drops for fourth month in AprilThe Daily Chase: WestJet set to launch new fares for passengers with no carry-onThe Daily Chase: Nvidia earnings will tell us how much room AI bull has to runLatest CPI data points to a June rate cut, economists sayInflation in Canada slows to 2.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hedge Funds’ Exposure to Magnificent Seven at Record High as Nvidia SoarsHedge funds’ exposure to US technology behemoths hit a record high following Nvidia Corp.’s estimate-thumping earnings report last week, according to Goldman Sachs Group Inc.’s prime brokerage.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Hedge Funds Pump Up Exposure to Nvidia, Cut AMD(Bloomberg) -- Hedge funds continued to lean into the biggest technology companies leading the way in artificial intelligence as the hype propelled the US...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Chip Startup Ampere Teams Up With Qualcomm for AI Server PushAmpere Computing LLC, the chip startup backed by Oracle Corp., is teaming up with Qualcomm Inc. to make equipment for artificial intelligence computing — an area currently dominated by Nvidia Corp.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Hedge Funds Trim Big Tech Exposure in Hunt for Other AI WinnersHedge funds have cut holdings in megacap technology stocks while betting on a broader array of firms that will benefit from artificial intelligence, according to Goldman Sachs Group Inc. strategists.
Source: BNNBloomberg - 🏆 83. / 50 Read more »