The hedge fund’s five largest disclosed stock holdings at the end of June were Sandisk, Micron Technology, Bloom Energy, Taiwan Semiconductor and Nebius Group.
David Tepper’s Appaloosa sells AI memory stocks while loading up on Magnificent Seven in the second quarter
The hedge fund bet big on megacap technology stocks in the second quarter, while selling off former high-flying memory chip manufacturers.
Seth Klarman’s hedge fund Baupost buys Into Ackman’s Pershing Square, adds to tech bets
The Boston-based investment firm disclosed a small stake in Pershing Square Inc., which trades under the ticker symbol PS.
The one big takeaway from a huge earnings season
The market is winding down an exceptionally strong reporting season, and there’s an underlying trend that remains front and center.
Sandisk is flying high. How to use options to generate income from this memory chip giant
The memory chip giant is on pace for big weekly gains, and an options play gives traders an opportunity to scoop up some income.
Wall Street sees a floor under software stocks in potential Workday deal
Software stocks have been on a choppy ascent since April after falling hard over the winter in an AI-driven rout that Wall Street dubbed ‘Saas-mageddon.’
Stock market continues run to records. Bank of America says only two things can stop it
Nothing can stop this bull market. Well, almost.
Sandisk is up more than 500% this year. JPMorgan says there are more gains ahead
The investment bank upgraded the flash memory name to overweight from neutral.
Wayfair has been on a tear of late. Bernstein doesn’t see momentum slowing
Investors have yet to fully appreciate Wayfair’s momentum, according to Bernstein.
Friday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 closed at a record on Thursday, aided by cooling oil prices and tame inflation reports. Tune in to CNBC Friday morning for Disney CEO Josh D’Amaro.