2024-08-13 00:47:52 +0300

Soros Reloads on Big Tech With Amazon, Google and New Tesla Bet

Logo Bloomberg
Bloomberg
By Brian Chappatta

Soros Fund Management increased its holdings of big tech stocks ahead of their sharp rally in recent weeks, while adding more than $200 million in shares of American Campus Communities Inc.

George Soros’s investment firm bolstered its stakes in Amazon.com Inc., Salesforce Inc. and Alphabet Inc., among other large technology companies. All three rank among its top 10 holdings as of the end of June, according to a regulatory filing Friday.

AD
AD

Continue read on bloomberg.com

AD
Logo Nasdaq
Business / FinanceBy Reuters2024-07-22 23:00:21 +0300
By Echo Wang July 22 (Reuters) - U.S. stocks ended lower on Friday as shares in social media and ad tech firms lost ground in the wake of earnings from Snap,...

Logo MarketWatch
MarketsBy Claudia Assis2024-08-13 00:40:00 +0300
Billionaire investor George Soross investment fund has bought stakes in Tesla Inc. and Ford Motor Co. and added to existing stakes in EV makers Lucid Group...

Logo Nasdaq
Business / FinanceBy Reuters2024-07-22 23:36:13 +0300
By Echo Wang July 22 (Reuters) - U.S. stocks ended lower on Friday as disappointing earnings from Snap spooked investors and shares in social media and ad...

Logo Benzinga
Business / FinanceBy Adam Eckert2024-07-26 17:37:05 +0300
Snap Inc's SNAP disappointingresultsare a bad sign for ad spending in the internetspace and one fund manager is positioning accordingly ahead of big tech...

Logo MarketWatch
MarketsBy Therese Poletti2024-07-27 04:21:00 +0300
Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Streets expectations Tuesday, but not only did investors not melt down, both...

Logo Nasdaq
Business / FinanceBy Reuters2024-07-22 21:49:58 +0300
By Echo Wang July 22 (Reuters) - Major U.S. indexes dipped on Friday as shares in social media and ad tech firms decline following weak earnings from Twitter...

Logo Benzinga
MarketsBy Adam Eckert2024-08-04 21:56:38 +0300
Short Hills Capital's Steve Weiss has been sitting in cash for most of the year, as he's heldabearish view on the market and has been largely correct. The...

Logo Investing.com
MarketsBy Reuters2024-07-22 14:31:23 +0300
Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid...

Logo MarketWatch
MarketsBy Jon Swartz2024-07-23 15:10:00 +0300
After Big Tech grew in unprecedented and unchecked fashion for a decade, building ostentatious palaces to house growing workforces while plying them...

Logo Channel NewsAsia
Business / FinanceBy Cna2024-07-27 14:28:36 +0300
Microsoft Corp and Alphabet Inc results sparked a relief rally on Wednesday in heavyweight technology and growth shares as investors expressed confidence in...

Logo Investing.com
MarketsBy Investing Com2024-07-29 21:06:08 +0300
© Reuters By Yasin Ebrahim Investing.com -- The S&P 500 climbed Friday, led by energy and gains in tech following quarterly results from heavyweights...

Logo MarketWatch
MarketsBy Therese Poletti2024-07-30 18:23:00 +0300
After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they...

Logo Bloomberg
TechnologyBy Julia Love2024-07-27 03:54:49 +0300
Alphabet Inc., Microsoft Corp. and Texas Instruments Inc. posted double-digit quarterly revenue growth on Tuesday and expressed optimism about the coming...

Logo Nasdaq
TechnologyBy Zacks2024-07-26 17:15:00 +0300
We are in the peak of the second-quarter earnings season and tech giants are in the spotlight this week. The five biggest tech players Apple AAPL, Amazon...

Logo Benzinga
Business / FinanceBy Shanthi Rexaline2024-08-08 13:18:01 +0300
Big techs continue to make movestoward the goal of healthcare disruption, Loup Funds co-founder Gene Munster said in a recent note. Big Techs Healthcare...

Logo Benzinga
MarketsBy Melanie Schaffer2024-07-25 22:07:56 +0300
Bitcoin BTC/USD was sliding about 3% lower on Monday after rejecting the 200-day simple moving average on the weekly time frame for the sixth straight week...

Logo Nasdaq
MarketsBy Bnk Invest2024-07-21 17:57:09 +0300
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth...

Logo Nasdaq
Business / FinanceBy Reuters2024-07-22 17:35:50 +0300
By Shreyashi Sanyal July 22 (Reuters) - The S&P 500 and the Nasdaq fell on Friday as social media and ad tech firms led declines after dismal quarterly...

Logo Nasdaq
Business / FinanceBy Bnk Invest2024-08-08 16:30:01 +0300
I'm always shocked when dividend investors ignore tech stocks. Which means I'm shocked a lot, because pretty well all income-seekers do it! That's because...

Logo Nasdaq
MarketsBy Bnk Invest2024-07-29 17:54:02 +0300
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500...