Qiaoshui's Q1 favors technology stocks! Open positions and go long with Amazon and AMD to significantly increase the “Seven Sisters of US Stock Technology”

On Tuesday, May 14, Qiaoshui, the world's largest hedge fund, released its 13F quarterly position report. The characteristics of its holdings in the first quarter were significant increases in Google, Nvidia, Apple, Meta, and Microsoft, and new positions were opened to expand Amazon and AMD, giving the greatest weight to increase their holdings in technology stocks. In the first quarter of 2024 up to March 31, Qiaoshui disclosed that the market value of 677 positions held with listed companies increased 11% from the previous quarter to about US$19.8 billion, and the concentration of the top ten positions rose slightly from 31.40% to 31.87%. As of the end of March, the hedge fund had 91 clients with full management authority

wallstreetcn19minutes ago

At Google I/O 2024, Sundar Pichai And Team Announces New Gemini Models, Project Astra, AI Fraud Protection And More: Here's All You Need To Know

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google today made several announcements around Gemini and its upcoming AI-powered features at its annual I/O developer conference.What Happened: A year aft

Benzinga15:00 ET

19 Stocks and ETFs to Benefit From the Electrification Theme and Future Energy Technologies - BofA

Seeking Alpha15:00 ET

Meta Pulls Plug On Enterprise Communication Tool Workspace After 10 Years

Meta Platforms Inc (NASDAQ:META) is shutting down Workplace, a version of Facebook tailored for business communication and team collaboration.Meta plans to maintain normal operations on Workplace unti

Benzinga14:28 ET

Google Unveils 6th-gen TPU as AI Focus Intensifies

Seeking Alpha14:28 ET

Musk's xAI is close to reaching a $10 billion agreement to lease Oracle's AI servers

This will be the latest “group heating” collaboration between Musk and “close friend” and Oracle co-founder Ellison in the field of AI. Some speculate that the size of the $10 billion cloud agreement means that xAI will need to raise more capital in the future to pay for cloud costs. Oracle's stock price skyrocketed by more than 5%, the biggest intraday increase in two months.

wallstreetcn13:55 ET