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$40 Billion Loss in First Quarter Amid Tech Turmoil – EUROP INFO

Source link : https://love-europe.com/2025/04/25/norway/40-billion-loss-in-first-quarter-amid-tech-turmoil-europ-info/

Norway’s Sovereign Wealth Fund Faces $40 Billion Loss Amidst Tech Sector Turmoil

In a striking reflection of the unpredictable nature of international financial markets, Norway’s sovereign wealth fund, officially known as the Government Pension fund Global, has reported a staggering loss of $40 billion in the first quarter. This downturn is largely attributed to a significant drop in technology stocks, which have been experiencing heightened volatility and increased selling pressure…

Source link : https://europ.info/2025/04/25/norways-wealth-fund-hit-hard-40-billion-loss-in-first-quarter-amid-tech-turmoil/

Author : Isabella Rossi

Publish date : 2025-04-25 02:05:00

Copyright for syndicated content belongs to the linked Source.

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Author : love-europe

Publish date : 2025-04-25 10:29:00

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