Steve Cohen’s Point72 significantly increases investment in Boeing, opens new stake in Broadcom

Steve Cohen’s Point72 significantly increases investment in Boeing, opens new stake in Broadcom

Billionaire investor Steven A. Cohen, owner of the New York Mets, is known for his high-risk, high-reward investment approach. With a personal wealth of $19.8 billion, he founded SAC Capital Advisors, which was forced to repay investors $1.8 billion in fines due to insider trading accusations. In 2013, Cohen converted his operations into a family … Read more

Is Broadcom Inc. (AVGO) Steve Cohen’s Top Pick for AI Semiconductor Stocks?

Is Broadcom Inc. (AVGO) Steve Cohen’s Top Pick for AI Semiconductor Stocks?

In a recent analysis of billionaire Steve Cohen’s portfolio, Insider Monkey identified some of his top AI stock picks. Cohen, a renowned hedge fund manager and owner of the New York Mets, founded SAC Capital in 1992 and has a track record of outperforming the market. His hedge fund, Point72 Asset Management, has raised around … Read more

Is Broadcom Inc. (AVGO) Steve Cohen’s Top Pick for AI Semiconductor Stock?

Is Broadcom Inc. (AVGO) Steve Cohen’s Top Pick for AI Semiconductor Stock?

Artificial intelligence is no longer a fantasy but a reality that is reshaping industries worldwide. From self-driving cars to medical breakthroughs, AI is on the cusp of a global explosion, providing opportunities for smart investors to capitalize on this technological revolution. The potential for exponential growth in the field of AI is immense, with predictions … Read more