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Tesla to Fare Well Despite Trump Plan to Eliminate EV Tax Credit, Wedbush Says
New trends for hedge funds in Q3: shareholding reduction in technology stocks.
In the third quarter, Berkshire Hathaway reduced its apple positions by about 25%, Arrowstreet Capital and Viking Global both sold over 5 million shares of Amazon stocks, and overall hedge funds reduced their holdings in Amazon by $11 billion. However, technology stocks are still the top holdings of hedge funds, accounting for 21%, followed by the financial industry at 15%. The largest increase in positions in the third quarter is also in financial stocks.
Palantir Stock Rises 6% Ahead of Listing Migration to Nasdaq Stock Exchange
Nvidia Gets a Price Target Hike. But the Stock Is Slipping
IBM, Disney And Other Large Advertisers Return To Elon Musk's X After A Year-Long Boycott: 'We Super Appreciate'
Elon Musk's "Victory Fruits": SpaceX and xAI valuations skyrocketed.
As a core member of the incoming usa President Trump's inner circle, Musk's company is attracting a large amount of capital. Institutions predict that by 2027, Musk may become the world's first trillionaire.
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