CryptoWorld News reports that as global stock markets repeatedly hit new highs, the super-wealthy group is choosing to take profits, selling more than $1 billion worth of stocks over the past few weeks. Last week, a descendant of the Fissmann family in Germany sold shares in Carrier Global Corporation worth approximately $750 million. Meanwhile, Danish tycoon Henrik Linde also sold shares worth about $175 million in ISS A/S, a facilities management company. This month, Chris Ellison, founder of Mineral Resources Limited, cashed out 122.5 million Australian dollars (about $87 million) by selling roughly 10% of his stake in this Australian mining services company—his first reduction of this investment in nearly a decade. These deals illustrate how wealthy private investors are locking in investment gains by cutting large positions as global stock market indexes set record highs. Despite geopolitical turmoil, global stock markets continue to surge, driven by the AI boom and growth in corporate earnings. Several investment banks, including Goldman Sachs, believe there is still room for further stock market gains, even as some investors begin to worry that current valuations have become too high.

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OneUnfilledOrder

· 9m ago

Who will take over at the end of this AI craze?

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DaoSidequester

· 23h ago

Investment banks say they are optimistic, but their actions tell the truth.

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TwoFactorZen

· 05-28 14:14

The intuition of super-rich tycoons can't be learned by retail investors

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MempoolDaydream

· 05-28 14:13

Alison Minerals reduces holdings, are resource stocks peaking?

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IceCreamUnderTheNeonLights

· 05-28 14:05

Geopolitics + Overvaluation, double debuff

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GateUser-cb789e81

· 05-28 14:05

Linde has also withdrawn, follow the smart money.

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GateUser-0aa20a11

· 05-28 14:05

1 billion dollars sold off, a clear signal

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NeonVortexTunnel

· 05-28 14:05

How much longer can AI storytelling last?

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QuietRugAlarm

· 05-28 14:05

The Fisman family’s move was too steady.

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MempoolSparrow

· 05-28 14:05

Cash out at a high point, those who understand know.

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Global stock markets repeatedly hit new highs, and super-rich individuals are starting to take profits.

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