Professional investors' high-conviction bets have paid off this year, significantly beating the S & P 500 , according to Jefferies. The Wall Street firm looked at recent regulatory filings from hedge funds and long-only fund managers and found the most-popular holdings among both groups, dubbed "uber crowded" trades, are up 17.4% year to date. Meanwhile, the S & P 500 is about 10% higher this year.
Microsoft is another red-hot AI bet as the company recently expanded a multiyear, multibillion-dollar investment in ChatGPT maker OpenAI, marking the third phase of their partnership. Microsoft shares are up about 39% in 2023. Meanwhile, Meta Platforms, whose shares have soared more than 125% in 2023, has touted its own AI computer chips . Nvidia was also well-loved by hedge funds and long-only managers.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
5 trillion-dollar companies behind most of S&P 500's gains this year5 trillion-dollar companies — including Nvidia, Apple, and Amazon — have been behind most of the S&P 500's 10% gains this year
Lire la suite »
For the few women who sit atop S&P 500 companies, thinner paychecks as median compensation slipsLast year was a mixed bag pay-wise for the women who run companies in the S&P 500 -- compensation increased for more than half of them, but the median pay package fell 6%.
Lire la suite »