Diamond Member Pelican Press 0 Posted May 17, 2025 Diamond Member Share Posted May 17, 2025 This is the hidden content, please Sign In or Sign Up ***********’s Richest Woman Just Moved Billions Into U.S. Stocks — And One Bet Stands Out Australia’s richest woman just This is the hidden content, please Sign In or Sign Up a bold bet on the U.S. market. Mining magnate Gina Rinehart nearly doubled her U.S. holdings to $2.5 billion in the first quarter, according to a May 15 disclosure. Most of the fresh capital went into plain-vanilla index trackers covering the Nasdaq (NASDAQ:QQQ) 100, S&P 500 (SPY), and Dow Jones (DIA). The timing? Just weeks before the U.S. rolled out sweeping new tariffs that briefly spooked global markets. Rinehart, a vocal Trump supporter, may be positioning for a potential policy shift or a full-on Trump resurgence. Alongside broad-market ETFs, Rinehart scooped up shares in Etsy (NASDAQ:ETSY) and This is the hidden content, please Sign In or Sign Up (NASDAQ:PYPL), signaling selective interest in beaten-down tech. On the flip side, she exited her stakes in energy giants like Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM) a combined $109 million position at year-end 2024 that’s now gone. That shift could point to a more risk-on view or a belief that oil’s rally has peaked, especially with interest around tech growth cycles beginning to reawaken. Notably, one position didn’t budge: Trump Media & Technology Group (NASDAQ:DJT). Rinehart still owns 150,000 shares in the Truth Social parent. While the media stock has had a turbulent ride, her conviction seems intact. With U.S. election season heating up and tariffs back in the headlines, Rinehart’s latest moves suggest she’s not just betting on the market she’s betting on a narrative. This article first appeared on This is the hidden content, please Sign In or Sign Up . This is the hidden content, please Sign In or Sign Up #Australians #Richest #Woman #Moved #Billions #U.S #Stocks #Bet #Stands This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/251679-australian%E2%80%99s-richest-woman-just-moved-billions-into-us-stocks-%E2%80%94-and-one-bet-stands-out/ Share on other sites More sharing options...
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