Tepper, who's traditionally a deep-value investor, added to his fund's stake in Nvidia and sent 1.5 million shares of a direct competitor to the chopping block in the December-ended quarter.
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David Tepper's Big Bets: China & AI
David Tepper is an Investing Legend Billionaire investing legend David Tepper is known in Wall Street circles for his unique investing attributes and his traits, which include: 1. Contrarian Investing ...
Billionaire investor David Tepper has certainly made up his mind. He doubled down on his bet on Chinese stocks last quarter, ...
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However, billionaire David Tepper of Appaloosa isn't like most asset managers. The logical explanation behind this selling activity in a half-dozen of Wall Street's most-important businesses is ...
However, billionaire David Tepper of Appaloosa isn't like most asset managers. Then again, Tepper and his team may be signaling their skepticism of the AI revolution with these sales. Though ...
David Tepper and his team have notably pared down their stakes in six of America's most-influential businesses over a one-year stretch. Meanwhile, Tepper more than doubled Appaloosa's stake in ...
David Tepper manages the highly successful hedge fund Appaloosa, which sold Nvidia and bought Vistra during the third quarter. Nvidia is the market leader in artificial intelligence accelerators ...
Tepper sold 65,000 shares of Nvidia, reducing his position by 9%. Nvidia no longer ranks among the 25 largest holdings in Appaloosa's portfolio. Tepper bought 1.2 million shares of Vistra ...