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World's Biggest Wealth Fund Just Snubbed Michael Burry's Palantir Warning
Wednesday, February 11, 2026 - 1:36pm | 546Read More...Michael Burry sees a cliff. Norway’s sovereign wealth fund sees a runway. While the "Big Short" investor has warned that Palantir Technologies Inc (NASDAQ:PLTR) could fall 58% based on a bearish Head & Shoulders pattern, the Nordic investment behemoth just did the opposite of panic — it...
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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 | 356Read More...Amid 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 | 379Read More...Norway'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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US Dollar Rallies Against Krone After Rate Cut
Wednesday, March 14, 2012 - 4:02pm | 492Read More...Earlier 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...
