Hedge funds beef up tech holdings before Apple, Amazon earnings ...Qatar

ٌRayaٌ news - News
Hedge funds beef up tech holdings before Apple, Amazon earnings
Hedge funds have fallen back in love with technology giants after spending the final months of last year cutting back on these stocks. Just days before earnings land from the likes of Apple Inc and Amazon.com Inc, professional investors turned more upbeat the industry. On Tuesday, the cohort made its largest net buying in a month, according to data compiled by Goldman Sachs Group Inc’s prime brokerage. As a result, their net exposure in tech megacaps jumped at one of the fastest paces in recent years. Their renewed interest reflects confidence in the earnings power of a group whose resilience has been underlined during the Covid-19 pandemic. The big five – Facebook Inc, Apple, Amazon, Micro

Hence then, the article about hedge funds beef up tech holdings before apple amazon earnings was published today ( ) and is available on ٌRayaٌ news ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Hedge funds beef up tech holdings before Apple, Amazon earnings )

Apple Storegoogle play

Last updated :

Also on site :