Tech stocks in focus as investors eye latest filings from funds

Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S. stocks.

The S&P 500 rose nearly 4% from the beginning of April until the end of June, notching nine consecutive record highs in a rally fueled by excitement over artificial intelligence and expectations that the Federal Reserve will be able to lower U.S. inflation without hurting growth. The fund held roughly $20.7 billion in US stocks in the second quarter. In the first quarter, it had slashed its holdings nearly in half, to $18 billion.Activist investor Jana Partners built a new stake in U.S. enterprise software company BlackLine Systems during the second quarter. Jana owned 1.15 million shares on June 30, equivalent to a near 2% stake.

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.

Stocks tumble on July jobs report, Big Tech earnings in focus: Yahoo FinanceWall Street is deep in the red today following a much weaker-than-expected July jobs report. The economy added just 114,000 jobs versus the 175,000...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Big Tech earnings, a Fed meeting, and the July jobs report: What to know this weekInvestors can expect key updates on monetary policy, the labor market, and the state of Big Tech in the week ahead.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Factbox-Tech stocks in focus as investors eye latest filings from fundsInvestors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »