Billionaire Paul Tudor Jones Just Sold All of His Palantir Shares and Is Piling Into This Quantum Computing Stock With a Massive Catalyst on the Horizon
Paul Tudor Jones is one of Wall Street's most revered investors. As the founder of Tudor Investment Corporation, Jones built his reputation in the 1980s after accurately predicting -- and profiting handsomely from -- the 1987 Black Monday crash. Today, his firm oversees billions in assets spanning equities, alternative investments, and venture capital. Because of this broad exposure, Jones' portfolio adjustments are closely tracked by both institutional and retail investors alike.According to Tudor Investment's latest 13F filing, the firm fully exited its position in Palantir Technologies (NASDAQ: PLTR) during the second quarter, selling 175,212 shares. At the same time, Jones initiated a new position in Rigetti Computing (NASDAQ: RGTI), an emerging quantum computing company, purchasing 905,700 shares.When a legendary trader like Jones swaps one of the AI era's most celebrated stocks in exchange for a speculative quantum AI play, investors pay attention. Let's unpack what may have motivated these moves and assess whether it's worth following his lead.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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