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Norwegian Central Bank Substantially Reduces Stakes In Alibaba And This Chipmaker: Here's What Norges Bought Instead
Wednesday, May 11, 2022 - 12:56pm | 356Amid the ongoing tech rout, Norges Bank made some cosmetic moves on its tech investments, barring a few liquidations and stake builds. Norges Quits Facebook: Norges Bank, which operates the Oil Fund, exited its position in Meta Platforms, Inc. (NASDAQ: META). The biggest sovereign wealth fund also...
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Norway's Central Bank Reduced Exposure To Apple While Buying Up Nvidia
Sunday, March 13, 2022 - 5:30pm | 379Norway's central bank has reduced its exposure to Apple Inc (NASDAQ: AAPL) while at the same time purchased shares of chipmaker Nvidia Inc (NASDAQ: NVID). What Happened: In a revised form filed with the Securities and Exchange Commission last week, Norges Bank revealed the sale of...
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Apple's Most Relevant Q1 Institutional Investors
Tuesday, May 19, 2015 - 12:16pm | 542With the 13F filing season finally over, it’s time to look into Apple Inc. (NASDAQ: AAPL)’s stats for the first quarter of the year. As usual, the tech behemoth was the most popular stock amongst institutional investors, with more than 2,100 firms placing bets on it according to...
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US Dollar Rallies Against Krone After Rate Cut
Wednesday, March 14, 2012 - 4:02pm | 492Earlier today Norges Bank, the central bank of Norway, announced that it would cut the key policy rate by 25 basis points to 1.5%. The central bank also said that "a substantially stronger krone may also result in further interest rate cuts." The announcement shook the currency market and USD/NOK...