World’s largest wealth fund says there’s ‘clearly a lot of froth’ in the tech sector right now
Publishing timestamp: 2024-04-23 06:44:12
Summary
U.S. tech giants like Tesla, Meta, Microsoft, and Google are set to release earnings, with concerns about froth in the tech sector. Norway's sovereign wealth fund, which has investments in tech stocks, reported a strong first-quarter profit. CEO of the fund mentioned that investors are taking a more nuanced look at tech companies like Nvidia.
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Keywords: meta platforms inc, business, markets, nvidia corp, apple inc, microsoft corp, business news, amazon.com inc, alphabet class a, tesla inc, technology, nasdaq composite,