Nvidia ‘Bubble' Talk Spreads to ESG Fund Managers Who Rode Highs [Yahoo! Finance]
SWEDBANK AB S/ADR (SWDBY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Most Read from Bloomberg Chemical Linked to Cancer Found in Acne Creams Including Proactiv, Clearasil Nikki Haley Ends 2024 Bid, Setting Up Trump-Biden Rematch Egypt's Devaluation and Record Rate Hike Put IMF Deal in Reach Olivia Rodrigo Is Not Kid-Friendly? Don't Act Surprised. New York to Deploy National Guard to NYC Subways to Fight Crime “I'm optimistic in the long run, but recognize that the valuation isn't exactly attractive,” said Kristofer Barrett, who oversaw a decision to make Nvidia the biggest holding in Swedbank Robur Technology last year, transforming it into the top performer in a Bloomberg ranking of ESG funds. The Swedbank fund, which is registered as “promoting” environmental, social and governance metrics under European Union rules, returned 53% in 2023. But there's now some concern that Nvidia may end up a victim of its own success, according to Barrett. There's a “realization that this has become a retail stock,” he said. “And that portends a bubb
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- Norway CPI Slows More Than Forecast, Backing September Cut [BNN Bloomberg (Canada)]BNN Bloomberg
- The second €200 million multi-apartment buildings modernization fund launches [Yahoo! Finance]Yahoo! Finance