Billionaire David Tepper of Appaloosa Increased His Nvidia Stake by 533% and Completely Sold Out of a Hypergrowth Artificial Intelligence (AI) Stock

Since late 2022, the evolution of artificial intelligence (AI) has been garnering the attention and capital of investors. Empowering software and systems with the capacity to make split-second decisions and become more effective over time at their assigned tasks is a game changer for most industries around the globe.Wall Street's largest financial institutions and leading money managers aren't oblivious to the sky-high addressable opportunity AI brings to the table.Less than two weeks ago, on Nov. 14, institutional investors with at least $100 million in assets under management filed Form 13F with the Securities and Exchange Commission. This required quarterly filing details which stocks, exchange-traded funds, and select options that Wall Street's savviest fund managers bought and sold in the latest quarter (in this case, the quarter ended in September).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool