Several investment managers whose performance was pummeled when technology stocks skidded lower last year put fresh money into the handful of companies that are pulling the stock market higher this year, new regulatory filings show.
Amazon's share price has gained 63% since January while Meta's has climbed 144.5%.
Coatue Management, founded by Philippe Laffont, increased its position in Amazon by 125% and raised its holdings of Microsoft, whose semiconductors back artificial-intelligence systems and whose market value topped $1 trillion in June, by 1,332%, the filing showed. Investment managers must disclose what they hold in U.S. stocks at the end of each quarter and report that information to the Securities and Exchange Commission 45 days after the end of the quarter. The deadline for so-called 13-F filings for the second quarter is on Monday.stock market index up 16% in the first half after a 20% drop in full-year 2022. But only a small number of companies - the so-called magnificent seven - fueled the rally.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Toyota recalls certain 2022, 2023 Tundra modelsToyota announced they have recalled certain 2022 and 2023 models of Tundra and Tundra Hybrid vehicles.
Baca lebih lajut »
Cook County Sees Opioid Overdose Record in 2022 With Fentanyl Contributing to 90% of DeathsThere were 103 overdose deaths attributable to fentanyl in Cook County in 2015. That number shot up to a record 1,825 in 2022, according to statistics from the Cook County Medical Examiner’s Office. That accounts for more than 90% of all opioid-related deaths in the county.
Baca lebih lajut »
Average San Diego County gas price rises to highest amount since Nov. 2022The average price is 6.8 cents more than one week ago and 24.9 cents higher than one month ago but 15.6 cents less than one year ago.
Baca lebih lajut »
NZD/USD drops to its lowest level since November 2022, closer to mid-0.5900sThe NZD/USD pair remains under some selling pressure for the fifth successive day and drops to its lowest level since November 2022, closer to mid-0.5
Baca lebih lajut »
Atlanta Falcons cut 2022 starting linebacker Mykal Walker in surprise moveThe Atlanta Falcons have waived 2022 starting linebacker Mykal Walker and signed Frank Ginda, the 2023 USFL defensive player of the year.
Baca lebih lajut »