Tech stocks in focus as investors eye latest filings from funds

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 33 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 181%
  • Publisher: 92%

Canadian News 뉴스

Canada News,Breaking News Video,Canadian Breaking News

A snapshot of how some of the biggest funds were positioned at the end of July

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.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

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.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

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...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »