Latest news with #AIoptimism
Reuters
6 days ago
- Business
- Reuters
US equity funds see largest weekly inflow in eight months
July 4 (Reuters) - U.S. equity funds attracted strong inflows in the week to July 2, as U.S. stocks hit record highs on AI optimism, even as a 90-day pause on U.S. reciprocal tariffs is nearing its July 9 expiry with little progress in trade talks. According to LSEG Lipper data, investors acquired a hefty $31.6 billion worth of U.S. equity funds in their largest weekly net purchase since November 13, 2024. Optimism about artificial intelligence-linked stocks surged last week as Micron Technology (MU.O), opens new tab, an AI-chip supplier to Nvidia (NVDA.O), opens new tab and Advanced Micro Devices, forecast robust fourth-quarter sales. The large-cap U.S. equity funds segment pulled in $31.04 billion in their best week since December 25, 2024. But mid-cap and small-cap funds had $1.72 billion and $1.09 billion worth of net sales. Demand for sectoral funds was at the highest in five months as they attracted about $3.4 billion worth of net inflows during the week. The technology and financial sectors had a significant $1.17 billion and $1.04 billion worth of net purchases. Investors also snapped up a net $6.66 billion worth of U.S. bond funds in an 11th successive week of net buying. The short-to-intermediate investment-grade funds segments gained a net $4.14 billion weekly inflow, the largest figure since November 20, 2024. General domestic taxable fixed income funds also received $3.03 billion, while short-to-intermediate government & treasury funds had a net $2.11 billion weekly outflow. Weekly net investments in money market funds, meanwhile, were at $57.98 billion for the week, the highest in four weeks.
Yahoo
6 days ago
- Business
- Yahoo
US equity funds see largest weekly inflow in eight months
(Reuters) -U.S. equity funds attracted strong inflows in the week to July 2, as U.S. stocks hit record highs on AI optimism, even as a 90-day pause on U.S. reciprocal tariffs is nearing its July 9 expiry with little progress in trade talks. According to LSEG Lipper data, investors acquired a hefty $31.6 billion worth of U.S. equity funds in their largest weekly net purchase since November 13, 2024. Optimism about artificial intelligence-linked stocks surged last week as Micron Technology, an AI-chip supplier to Nvidia and Advanced Micro Devices, forecast robust fourth-quarter sales. The large-cap U.S. equity funds segment pulled in $31.04 billion in their best week since December 25, 2024. But mid-cap and small-cap funds had $1.72 billion and $1.09 billion worth of net sales. Demand for sectoral funds was at the highest in five months as they attracted about $3.4 billion worth of net inflows during the week. The technology and financial sectors had a significant $1.17 billion and $1.04 billion worth of net purchases. Investors also snapped up a net $6.66 billion worth of U.S. bond funds in an 11th successive week of net buying. The short-to-intermediate investment-grade funds segments gained a net $4.14 billion weekly inflow, the largest figure since November 20, 2024. General domestic taxable fixed income funds also received $3.03 billion, while short-to-intermediate government & treasury funds had a net $2.11 billion weekly outflow. Weekly net investments in money market funds, meanwhile, were at $57.98 billion for the week, the highest in four weeks. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
29-05-2025
- Business
- Bloomberg
Open Interest 5/29/2025
Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." E.l.f. Beauty is buying Hailey Bieber's beauty brand for $1 billion dollars. We talk to the e.l.f CFO Mandy Fields. Plus, Trump's trade agenda is dealt a major blow as a US court deems most of the President's tariffs illegal. Nvidia's upbeat earnings report reignites AI optimism. And former JetBlue founder David Neeleman, who's now the CEO of Breeze Airways, joins the C-suite to talk about the intense competition among low-cost airlines as United and Jetblue announce a new partnership. (Source: Bloomberg)
