MSFT May 2024 230.000 put
- Yahoo Finance Video
Hedge funds increase exposure to tech, pull back on housing
Recent 13F filings, or quarterly holdings reports filed by institutional investment managers with the Securities and Exchange Commission (SEC) have shed light on hedge funds' exposure. Investment in the tech sector increased the most, while exposure to real estate grew by the least. Yahoo Finance Anchors Madison Mills and Seana Smith break down the latest developments in the 13F filings for the broader market. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Reuters
British grocer Sainsbury's partners with Microsoft to use AI for data insights
Britain's Sainsbury's said on Friday it has agreed a five-year strategic partnership with Microsoft that will use the technology company's artificial intelligence capabilities and the supermarket group's rich data. Seeking revenue gains and cost savings, more retailers are using generative AI to boost personalised shopping experiences for consumers and make staff working practices more efficient. Sainsbury's, Britain's second-largest grocer after Tesco, said it would use AI to create a more interactive shopping experience for online shoppers, while also improving search functions.
- CNN Business
Microsoft asks some employees in China to move to other countries
Microsoft has asked at least 100 of its employees in China to consider moving to other countries, according to Chinese state media reports.
