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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
Earnings Call Summary | Home Depot(HD.US) Q1 2024 Earnings Conference
The following is a summary of the The Home Depot, Inc. (HD) Q1 2024 Earnings Call Transcript:Financial Performance:Home Depot reported Q1 sales of $36.4 billion, a decrease of 2.3% from the same perio
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