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$Rivian Automotive (RIVN.US)$ big loss by greed and a spilt second of delay hexking the chart. With this big fall, will it ever soar fast again?
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$Pinterest (PINS.US)$ Rising
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$Walmart (WMT.US)$ $Alibaba (BABA.US)$ $Pinterest (PINS.US)$ The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, nearly tripled its holdings of U.S.-listed stocks to $43.45 billion in the third quarter, adding shares of Alibaba Group, Walmart and Pinterest.
Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.
The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.
"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July," said Diego Lopez, managing director at Global SWF, an industry data specialist.
"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon."
Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.
The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year.
Article excerpted from Yahoo.
Its U.S.-listed stock holdings in the quarter ended Sept. 30 increased from nearly $16 billion in the prior quarter, according to a U.S. Securities and Exchange Commission filing.
The PIF also owns a 62.72% stake in electric car company Lucid, which has a market value of about $71 billion, a significant boost in value from the end of September.
"The Q3 figure is indeed significantly larger than Q2, but most of the increase is due to Lucid Motors' IPO in July," said Diego Lopez, managing director at Global SWF, an industry data specialist.
"If you isolate the effect of Lucid, the U.S. equity holdings increased only 11%, from $15.9 billion to $17.7 billon."
Lucid’s listing in July was a huge dividend for the Saudi sovereign wealth fund, which invested more than $1 billion in the company in 2018 for a substantial stake and invested more in February. The PIF also owns a 3.75% stake in ride-sharing company Uber Technologies.
The PIF has boosted its firepower from several funding sources in recent years, including loans and a $40 billion transfer from central bank reserves last year.
Article excerpted from Yahoo.
![Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest](https://ussnsimg.moomoo.com/1637044989280-70042973-android-org.jpg/thumb)
![Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest](https://ussnsimg.moomoo.com/1637044989474-70042973-android-org.jpg/thumb)
![Saudi PIF nearly triples U.S. stock holdings; adds Walmart, Pinterest](https://ussnsimg.moomoo.com/1637044989502-70042973-android-org.jpg/thumb)
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How far you can see determines your height.
You can see that for ten years, twenty years, and thirty years, you are God.
You can see that in one year or three years, you are also the best fund manager.
You can see one month and three months, already a very good trader.
You can see a day or even half an hour and dare to place bets, you are also a very good retail day trader.
The only thing you can control is the combination of your own hands, which largely determines your lower limit.
The only people who can stay in this market for a long time are those who have a deep understanding of their own hearts and minds, and the development and changes of the market and the world.
You find yourself finally.
$NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$
You can see that for ten years, twenty years, and thirty years, you are God.
You can see that in one year or three years, you are also the best fund manager.
You can see one month and three months, already a very good trader.
You can see a day or even half an hour and dare to place bets, you are also a very good retail day trader.
The only thing you can control is the combination of your own hands, which largely determines your lower limit.
The only people who can stay in this market for a long time are those who have a deep understanding of their own hearts and minds, and the development and changes of the market and the world.
You find yourself finally.
$NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$
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$AMC Entertainment (AMC.US)$ I got 1800 amc bought in @$65 🥲🥲🥲
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$Rivian Automotive (RIVN.US)$ tmr open at 150?
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