On November 15th, 13F documents show that asset management giant BlackRock continued to increase its holdings of US stocks and technology giants in the third quarter, including Apple (AAPL. O) 43.40 million shares, Microsoft (MSFT. O) 7.50 million shares, NVIDIA (NVDA. O) 12.35 million shares, Amazon (AMZN. O) 18.55 million shares, Meta Platforms (META. O) 980,000 shares, Tesla (TSLA. O) 4.66 million shares and Google A + C 6.21 million shares; reduction of Lilly (LLY. N) 1.51 million shares. In...
The S & P 500's longest streak of gains since November came to an abrupt end on Thursday. The "stumbling block" is the very large-cap technology stocks that have been driving the index higher this year. The so-called "Big Seven" investors sold their most in nearly a year as inflation data triggered bets that the Federal Reserve could cut interest rates as soon as September, pulling out of this year's winners and pushing the iShares MSCI US Kinetic Factor ETF to its worst performance since May. T...
On July 12, the U.S. stock market closed on Thursday, the Dow index initially closed up 0.08%, the S & P 500 index fell 0.88%, and the Nasdaq index fell 1.95%. The seven giants of the U.S. stock market suffered the biggest selling pressure in nearly a year. NVIDIA (NVDA. O) fell more than 5%, its market value plummeted by $185 billion, Tesla (TSLA. O) fell more than 8%, and the remaining five giants all fell at least 2.3%. The Russell 2000 index rose 3.57%, its best one-day performance in seven ...