Reported about 2 months ago
Temasek Holdings, the Singaporean state-owned investor, made substantial investments exceeding $3.3 billion in major US technology companies ahead of a market downturn in July. This investment mainly targeted firms like Microsoft, Apple, Nvidia, Alphabet, Meta, and Amazon, but by the end of July, many of their stock prices fell significantly due to market concerns. Despite the potential for losses, some of these tech shares have begun to recover, and Temasek's strategy may involve taking advantage of dips in the market.
Source: YAHOO