Reported about 22 hours ago
Wall Street's top hedge funds, including Bridgewater Associates and Tiger Global Management, ramped up their investments in major technology companies during the second quarter of 2025, seeking opportunities from the AI boom. This shift comes after an earlier downturn in tech stock performances, leading funds to move away from struggling sectors like aerospace and defense. Hedge funds have notably increased holdings in companies like Nvidia, Alphabet, and Microsoft as the S&P 500 sees a resurgence driven by tech stocks.
Source: YAHOO