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Norway’s $1.8 trillion fund surges 13% on tech boom

Norway wealth fund posts record $222 billion profit but warns tech boom won't last

Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.

Bloomberg on MSN · 2d

Norway $1.8 Trillion Fund Ended 2024 With Tech-Heavy Top Ten

Norway’s $1.8 trillion wealth fund ended 2024 with a tech-heavy top ten, just as the success of the artificial intelligence model developed by Chinese startup DeepSeek raises the specter of a correction in the AI-driven stock rally.

invezz on MSN · 2d

Norway’s $1.8 trillion fund surges 13% on tech boom, but misses target

Norway’s colossal $1.8 trillion sovereign wealth fund, one of the world’s largest, posted a robust 13% return in 2024, translating to a staggering $222 billion gain. This impressive performance was largely fueled by the booming US technology sector.

EU, Norway

Reuters · 23h

Eurosceptic party quits Norway's government, almost half of cabinet departs

Norway's eurosceptic Centre Party quit the government on Thursday in a dispute over the adoption of European Union energy policies, leaving the centre-left Labour Party to rule alone eight months before an election.

DPA International on MSN · 20h

Norway's governing coalition collapses over EU energy market dispute

Norway's government coalition collapsed on Thursday following a long dispute over the implementation of EU energy market regulations. The agrarian Centre Party, the junior partner of Prime Minister Jonas Gahr Støre's Labour Party,

Hosted on MSN · 18h

Norwegian finance minister blames EU energy policy for government collapse

Norway’s prime minister Jonas Gahr Støre is left heading a minority government after coalition partner pulls out over EU market rules it says make it impossible to shield citizens from high electricity prices.

1hon MSN

Norway stops a ship suspected of involvement in damage to a Baltic Sea cable

Police say a Norwegian-owned and Russian-crewed ship that authorities suspect may have been involved in damage to an ...

Norway Police Arrest Ship on Suspicion of Baltic Sea Cable Damage

OSLO (Reuters) - Norwegian police said on Friday they had arrested a Norwegian ship with an all-Russian crew on suspicion of involvement in causing damage to a fibre optic cable in the Baltic Sea. The ...

Greek Reporter1h

Norway’s Viking Societies Found to Be More Violent Than Denmark’s

Researchers discovered that Norway's Viking societies were more violent than Denmark's, with higher rates of weapon use and fatal injuries.

1don MSN

Elon Musk disses boss of Norway’s $1.7T wealth fund that voted against his massive pay deal

Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion ...

Driver killed in collision with pickup truck in Town of Norway

Emily Hernandez, a Missouri woman pardoned after her ties to the Jan. 6, 2021, insurrection at the U.S. Capitol, was ...

2don MSN

King Harald and Queen Sonja of Norway’s Once ‘Forbidden Romance’ Subject of New TV Series: ‘Something Out of a Fairytale’

The King and Queen of Norway’s nine-year courtship threatened the Norwegian monarchy — but producers said their 1968 nuptials ...

TMJ423h

Driver killed in collision with pickup truck in the Town of Norway

The Racine County Sheriff’s Office is investigating a serious crash near the intersection of Highway K and N, and Beaumont ...

3don MSN

Norway is set to become the first country to fully transition to electric vehicles

Norway's electric vehicle sales have increased from less than 1% of total auto sales in 2010 to a whopping 88.9% last year.

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Norway’s $1.8 trillion fund surges 13% on tech boom

EU, Norway

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