scorecardresearch
Friday, September 27, 2024
Support Our Journalism
HomeTechNorway wealth fund posts $138 billion profit lifted by AI stocks

Norway wealth fund posts $138 billion profit lifted by AI stocks

Follow Us :
Text Size:

ARENDAL, Norway (Reuters) – Norway’s $1.7 billion sovereign wealth fund, the world’s largest, posted a profit of 1.48 trillion Norwegian crowns ($138 billion) in the first half of the year, driven primarily by tech stocks, the fund said on Wednesday.

($1 = 10.7122 Norwegian crowns)

(Reporting by Gwladys Fouche in Arendal, editing by Terje Solsvik)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular