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Hedge funds loading up on under-the-radar AI plays and cutting back on megacaps

Pelican Press

By Pelican Press,
in World News

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Hedge funds loading up on under-the-radar AI plays and cutting back on megacaps

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, Meta Platforms and
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. These shares have continued their strong rallies in 2024, rising by as little as 15% and as much as 33%. Apple was the exception in the so-called Magnificent 7 group — hedge funds added exposure to the Tim Cook-led, iPhone maker, according to Goldman.





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Investment strategy,Stock markets,Marvell Technology Inc,TD Synnex Corp,AES Corp,Littelfuse Inc,NVIDIA Corp,

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,Walgreens Boots Alliance Inc,First ********* Financial Corp,Nextracker Inc,Freeport-McMoRan Inc,
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Corp,
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.com Inc,Meta Platforms Inc,Goldman Sachs BDC Inc,CNBC Magnificent 7 Index,business news
#Hedge #funds #loading #undertheradar #plays #cutting #megacaps

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