Economy · Full coverage

Norwegian Sovereign Wealth Fund Posts Record $184 Billion Profit in First Half of 2024

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

Unrated 2

First reported by Globes · 1 hour ago

What happened

Norway's Sovereign Wealth Fund posted a record $184.3 billion profit in the first half of 2024, driven by gains in Asian tech stocks and new investments including a stake in SpaceX. The fund manages $2.3 trillion in assets and holds significant shares in major tech companies worldwide.

  • 01Norwegian Sovereign Wealth Fund earned a record $184.3 billion profit in H1 2024.
  • 02Asian technology stocks drove a 9.4% return in the first half of the year.
  • 03The fund revealed a new 0.05% stake in SpaceX valued at $1.2 billion.
  • 04Major holdings include Nvidia, Apple, Alphabet, and Microsoft, each worth tens of billions.
  • 05The fund invests in over 7,000 companies across 50+ countries, holding 1.5% of global public shares.
  • 06It sold stakes in 17 Israeli companies last year, including El Al and Rami Levy Retailers.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

Full coverage · 2 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

CalcalistUnrated · Hebrew1 hour ago
Norwegian Sovereign Wealth Fund Posts Record $184 Billion Profit in First Half of 2024
GlobesUnrated · Hebrew1 hour ago
Norwegian Sovereign Wealth Fund Cuts Israeli Stocks but Increases Investment Value Amid Market Rally

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