George Soros Invests $644.8 Million in Major Tech Stocks
- Soros Fund Management acquired over 1.843 million shares of Amazon for $404.8 million in Q3.
- The firm’s Amazon holdings increased by 482% from Q2, totaling $488.8 million.
- Soros bought approximately 328,605 Apple shares worth $84.7 million, a rise of nearly 1,954% from the previous quarter.
- The investment firm also purchased around 631,397 Alphabet shares valued at $155.3 million, marking a growth of over 2,341% since Q2.
In total, Soros Fund Management invested $644.8 million across Amazon, Apple, and Alphabet within one quarter. Additionally, Warren Buffett’s Berkshire Hathaway opened a new stake in Alphabet with a purchase of nearly 17.9 million shares worth $4.93 billion.
These significant investments highlight the growing confidence in major tech stocks among prominent investors like Soros and Buffett as they navigate market dynamics effectively. (Source)
