Technology
Reddit, Pinterest shares tumble on weak user and revenue growth
By Sofia Cheung
Global equity funds draw inflows for a sixth straight week
Jenna Larson
Jenna Larson
Bureau Chief · Fargo, ND
Jenna Larson has been reporting on the Fargo region for over 15 years. She graduated from North Dakota State University and began her career at The Forum of Fargo-Moorhead before joining the Bison Current network. Jenna's focus is on community events, local initiatives, and the stories that make Fargo unique.
More from Jenna →Bureau Chief · Friday, October 30, 2026 at 11:49 AM · 1 min read
Oct 30 (Reuters) Global equity funds saw substantial inflows in the week ended October 28, though at a slower pace, as a rebound in AI and chip stocks, led by South Korea’s SK Hynix after record quarterly profit, lifted demand for technology and Asian funds. Investors bought a net $10.19 billion in global equity funds for a sixth consecutive week of net purchases, though inflows eased from $25.06 billion the previous week, according to LSEG Lipper data. There was, however, some caution in markets over the AI trade ahead of earnings reports from AI hyperscalers Alphabet, Microsoft and Amazon. Asian equity funds led regional inflows, attracting $9.9 billion in net purchases, after $11.58 billion the previous week. Investors added $4.54 billion to European funds but withdrew a net $6.65 billion from US equity funds. Among sectoral funds, investors allocated $5.5 billion to the technology sector, up from $5.07 billion the previous week. Industrial sector funds also drew $408 mi
Up nextReddit, Pinterest shares tumble on weak user and revenue growthTechnology · 1 min read
