Investors Flock to AI-Boosted Tech Stocks Amid Record Equity Fund Inflows
Global equity funds saw massive inflows as investors pursued an AI-driven tech stock rally, highlighted by strong chipmaker earnings and optimism in the sector. This marked an eighth consecutive week of inflows totaling $39.15 billion. U.S. and global bond funds also experienced significant gains alongside a tech sector resurgence.
Global equity funds have continued their winning streak, attracting significant inflows for the eighth consecutive week, as flagged by LSEG Lipper's data. Investors are riding high on the AI-fueled surge in technology stocks and glowing chipmaker earnings, disregarding inflation worries in their pursuit of returns.
The tech boom has propelled the MSCI World Index to a new high of 1,117.52, with companies such as Advanced Micro Devices and Microchip Technology leading the charge through anticipated high demand for data-center chips. Reports reveal that an impressive 72% of 900 MSCI World constituents surpassed profit forecasts this quarter.
In the U.S., equity funds reported a substantial reversal of fortune with $22.37 billion in weekly inflows compared to the prior week's outflows. Asian and European funds likewise posted gains, while the technology sector reigned supreme with a record-breaking $10.65 billion in inflows. The appeal of bond funds has not waned either, as they captured $25.76 billion, the highest weekly inflow since October 2025.
ALSO READ
-
AIADMK: A House Divided - Internal Turmoil and Leadership Struggles
-
Ivory Coast's Cocoa Woes: Retailers Struggle Amid Farmers’ Financial Woes
-
Delhi Ministers Drive Fuel Conservation: A Turn Towards Sustainability
-
Blaze at Lake Maracaibo Gas Facility
-
Delhi's Battle Against Stray Dog Menace: New Action Plan Unveiled
Google News