Norway's Wealth Fund Soars with AI Surge, Earning $143 Billion

Norway's sovereign wealth fund, the world's largest single stock market investor, reported a profit of $143 billion in the first half of the year, driven by strong equity markets and a weak currency. The fund's equity investments returned 13.7%, with technology companies delivering the strongest return of 38.6% due to high demand for artificial intelligence solutions. However, the overall return was slightly lower than the benchmark index. The $1.4 trillion fund, which invests the country's oil and gas revenues, owns 1.5% of all listed stocks globally and also invests in bonds, real estate, and renewable energy projects.