Top billionaire money managers have been active in the AI space, with some notable changes in their portfolios highlighted in the recent Form 13F filings. While some investors have reduced their holdings in Nvidia, others have opted to build positions in AI-focused stocks. Nvidia, a leader in AI-powered GPUs, saw prominent investors like Philippe Laffont … Read more
Nvidia has seen a remarkable increase in its stock value, with shares rising by 167% since the beginning of 2024 and a staggering 3,450% in the last five years. As a result, many employees who joined the company five or more years ago are likely millionaires today, with mid-level managers reportedly earning over $1 million … Read more
The financial magnates have been cashing out on their Nvidia stocks in light of the rise in the market, indicating that some investors believe that artificial intelligence might be overvalued in the short term. Notably, some prominent hedge fund managers, including Stanley Druckenmiller and David Tepper, have decreased their stakes in Nvidia. Conversely, a number … Read more
In the first quarter, billionaire hedge fund managers were cashing in on profits at NVIDIA (NASDAQ: NVDA) by reducing their stakes in the chip giant. Notable investors such as Stanley Druckenmiller of Duquesne Capital Management, David Tepper of Appaloosa Management, Paul Tudor Jones of Tudor Investments, and Philippe Laffont of Coatue Management were among those … Read more
Google announced updates to its Play Points service, which has over 220 million users. One of the updates includes a new treasure hunt minigame called Diamond Valley, which will soon be available to US users. Players can collect diamonds and redeem prizes like Pixel phones. Those with Platinum and Diamond status in Play Points can … Read more