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[As the rise of artificial intelligence slows down, U.S. pension giant CalPERS reduces its holdings in large technology stocks] On October 23, it was reported that the California Public Employees Retirement System (Calpers), the largest public pension fund in the United States, has significantly reduced its holdings in technology giants in the first half of 2026, reducing the number of "Magnificent 7" stocks it directly holds by 26%. The move shows that large institutional investors are actively reducing market concentration risks as global concerns about the sustainability of investments in artificial intelligence (AI) grow.
Global market intelligence 🕐 2026-10-23 12:23
#AI #Global market intelligence #U.S. stock trends
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