World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Publishing timestamp: 2024-04-18 09:40:10
Summary
Norway's sovereign wealth fund reported a strong first-quarter profit driven by tech sector investments, but weak results from real estate. The fund's return was slightly lower than the benchmark index, with concerns about recent weakness in some tech companies.
Sentiment: MIXED
Tickers: AMZN, META, NVDA, MSFT, GOOGL, TSLA, AAPL,
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