Global hedge funds' exposure to software stocks in the U.S. reached 'new multi-year lows' last week after a broader sell-off in the technology sector, Morgan...
NEW YORK - Global hedge funds ' exposure to software stocks in the U.S. reached "new multi-year lows " last week after a broader sell-off in the technology sector , Morgan Stanley said in a note.
Morgan Stanley, which tracks hedge funds' flows through clients of its prime brokerage unit, said that overall portfolio managers were net sellers of equities last week in the U.S., Europe and Asia, ex-Japan.Despite some volatility on Thursday, when data showed U.S. consumer prices fell in June for the first time in four years, hedge funds net-sold equities every day in the week ended on June 11.
‘We’re drowning in debt… but I drive a BMW’: Young couple has $628.5K debt but no realistic plan to manage it all3 Numbers You Must Understand To Build Wealth With Stocks, According to Jaspreet Singh Cathie Wood's investment fund, Ark Invest sold at least $4.5 million worth of Nvidia stock this year, per The Wall Street Journal.These TSX socks have the potential to deliver above-average returns. Plus, some of these companies also pay dividends. The post My Top 5 TSX Stocks to Buy Right Now for Massive Returns in a Decade appeared first on The Motley Fool Canada.
As revenue slumps from a "challenging advertising environment," Canadian media company Corus Entertainment — which houses brands like Global News and YTV — is "aggressively" cutting costs, continuing layoffs and shutting down parts of its business.
The change reflects the sharp decline in Walgreens’ market value this year and the surge in Super Micro’s stock price.Trump Wants To Eliminate Income Taxes: 3 Items That Will Instantly Get More Expensive
Hedge Funds Software Stocks Technology Sector Multi-Year Lows Tech Stocks
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