Billionaire Philippe Laffont Sold 80% of Coatue's Stake in Nvidia and Is Piling Into This Historically Cheap Artificial Intelligence (AI) Stock Instead
BABA(BABA) The Motley Fool·2024-11-19 18:06
Laffont has shed a majority of his fund's position in artificial intelligence (AI) leader Nvidia in favor of an overseas AI company with a boatload of cash.In case you missed it, one of the most important data releases of the fourth quarter occurred last week -- and I'm not talking about the October inflation report.No later than 45 calendar days following the end to a quarter, institutional investors with at least $100 million in assets under management (AUM) are required to file Form 13F with the Securiti ...