
Asset Allocation
That Nasdaq 100 Rebalancing Likely Won’t Change Much
The Magnificent Seven tech giants will continue to dominate the index, critics say.
The Magnificent Seven tech giants will continue to dominate the index, critics say.
The pension giant raked in $72 billion during the quarter thanks to its public equities portfolios.
Apple, Amazon, Microsoft, Alphabet, and Tesla make up a core portion of both the S&P 500 and Nasdaq 100.
Not all of them are the FAANGs, like pharma firm Eli Lilly.
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.
The rental car company, Avis, recently saw a 207% stock price increase when its CEO mentioned it will buy more electric vehicles in the future.
The Nikola founder could face decades in prison for allegedly false, misleading Twitter posts.