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Hedge funds' new trends in Q3: shareholding reduction in technology stocks.
In the third quarter, Berkshire Hathaway reduced its position in Apple by about 25%. Arrowstreet Capital and Viking Global both sold over 5 million shares of Amazon stocks, reducing the overall hedge fund's holdings in Amazon by $11 billion. However, technology stocks are still the top positions for hedge funds, accounting for 21%, followed by the financial industry at 15%. The largest increase in position in the third quarter was also in financial stocks.
The "demon stocks" make a comeback against nvidia! Applovin's annual growth rate exceeds six times, software stocks step into the spotlight of the AI stage.
①This year, the stock prices of multiple overseas software companies have risen astonishingly; ②On the product side, the user data of multiple AI applications has been consistently showing good growth trends; ③On the performance side, several vertical software suppliers have further released bullish signals in the third quarter.
Weekend Reading | Sun Zhengyi and Huang Renxun expose past events: almost bought nvidia, missed out on two trillion dollars.
If you ask Masayoshi Son what his biggest regrets of the past few years are, the billionaire will immediately think of two things: impulsively investing in WeWork and subsequently selling his stake in nvidia. Every time these two decisions are mentioned in public, business magnate and investment tycoon Masayoshi Son cannot help but smile bitterly. These two decisions cost him nearly $200 billion.
Elon Musk's XAI Seeks $6B At $50B Valuation To Acquire 100K Nvidia Chips For Memphis Data Center
nvidia's latest financial report will be released next week. Can it revive the momentum of AI hardware?
According to the analysts' comprehensive expectations, nvidia is expected to achieve revenue of 33.08 billion dollars in Q3, an increase of 83% year-on-year. Since this week, several institutions' analysts have raised the target price for nvidia. Recently, investors' attention has shifted to the AI software sector, with many related stocks in the U.S. significantly rising.
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