Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, posted a record profit of 1.75 trillion Norwegian crowns (€159.7 billion) for the first half of the year, lifted by technology stocks. Investing the Norwegian state’s revenues from oil and gas production, the ‌fund owns on average ⁠1.5% of all listed companies globally, making it the world’s largest single investor. It held a 1.28% stake in ‌Nvidia worth $62 ⁠billion, a 1.24% stake in Apple worth $52 billion, a 1.17% stake in Alphabet worth $50 billion, a 1.27% stake in Microsoft worth $35 billion, and a 1.7% stake in Taiwan Semiconductor Manufacturing, worth $34 billion, fund data ⁠showed.