US hedge funds trim stakes in ‘Magnificent Seven’

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NEW YORK: Wall Street’s largest hedge funds reduced exposure to “Magnificent Seven” stocks including Nvidia, Amazon, Alphabet and Meta in the third quarter (3Q), while taking new positions in application software, eCommerce and payments companies, according to regulatory filings. Read full story

Date: 17 November, 2025 7:01 am
Source: thestar.com.my

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