Should You Sell Nvidia
Should You Sell Nvidia; Buy China? That's What This Billionaire Investor Is Doing
Tepper's fund dumped 3.73 million shares of Nvidia, or roughly $450 million worth of the top artificial intelligence (AI) stock, in Q2. That wasn't quite all of Appaloosa's stake. But it was more than 84% of it, leaving the fund with just 690,000 shares, representing roughly $90 million worth of the stock.
Billionaires Are Selling Nvidia Stock and Buying Up This Cryptocurrency Instead
Based on these filings, it appears that a growing number of billionaires have been selling Nvidia (NASDAQ: NVDA) and buying Bitcoin (CRYPTO: BTC) instead. Let's take a closer look. The push into Bitcoin began in January as soon as the new spot Bitcoin exchange-traded funds (ETFs) rolled out.
One of the highest-flying stocks at that time was Nvidia which has continued to soar since that column was published —gaining ...
Hybrids, the riskiest slice of real estate debt, returned more than 75% this year, beating Nvidia stock, the darling of the ...
Phil Panaro — a former senior advisor at Boston Consulting Group who also served as CEO of a BCG subsidiary — says shares of ...
Investors have found another major way to play the artificial-intelligence trend besides semiconductor stocks, and that’s led ...
Prof. McIntosh-Smith of the University of Bristol announced that the Isambard-2 supercomputer will finally retire after six ...
Consider this, just about nine months ago, at the end of December 2023, Nvidia stock was trading at around $50 levels.
Huawei is sending out samples of its Ascend 910C processor for testing as the tech giant races to fill a void left by Nvidia.
Nvidia acquires OctoAI, its fifth deal this year, enhancing machine learning model performance and expanding AI ...
CEG stock surged 22% on Sept. 20, driven by a 20-year deal with Microsoft to supply electricity from a restart (of undamaged) ...
The ability to adapt its technology has been a boon to shareholders. Even if investors didn't get in on the IPO itself, Nvidia shares fell below their issue price numerous times in early 1999. For ...
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