U.K. billionaire’s investment fund is ‘aggressively’ selling Magnificent 7 stocks amid growing fears of AI backlash

Quick Summary:

Peter Hargreaves's Blue Whale fund has shed its ownership in AI stocks in latest warning over stock market bubble.

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Article Details

Author / Journalist: Ryan Hogg

Category: EconomyBusiness

Markets: United States

Topics: Nvidia Alphabet Microsoft Editor's Picks A.I. Investing Featured Tech stocks Meta Big Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 12:19:50 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 20 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 24432595

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 25 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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