“Hedge Fund Legend” Taper Q1 made a big deal to increase its stock positions! Slash Nvidia positions

In the first quarter of 2024, this top asset manager drastically reduced its holdings of these technology stocks benefiting from the AI investment frenzy in the first quarter of 2024, but increased its holdings in Chinese securities such as Alibaba and Pinduoduo by a large amount.

Zhitong Finance01:47

Caxton Associates Amplifies Stake in Citigroup Inc by Over 7000%

Caxton Associates (Trades, Portfolio), a prominent global macro hedge fund established by Bruce Kovner in 1983, recently disclosed its 13F filing for the first quarter of 2024.

Yahoo Finance20:20

US stocks closed | CPI revived expectations of interest rate cuts, and the three major indices reached new highs; Meme stocks pulled back, Game Station fell nearly 19%

The chip stock index rose four times in a row. Nvidia closed up more than 3%, the AI “monster stock” ultra-microcomputer rose nearly 16%, and Dell rose more than 11%.

wallstreetcn18:00

13F Shows Appaloosa LP Added Stake in Adobe Inc With 350K Shares

13F Shows Appaloosa LP Added Stake in Adobe Inc With 350K Shares

Benzinga15:27

A Major Tech ETF Is Lagging. Blame Less-Than-Magnificent Earnings.

Investing in the tech sector wholesale isn't necessarily a sure win.

Barrons13:53

$1000 Invested In This Stock 15 Years Ago Would Be Worth $18,000 Today

Adobe (NASDAQ:ADBE) has outperformed the market over the past 15 years by 8.92% on an annualized basis producing an average annual return of 21.5%. Currently, Adobe has a market capitalization of $216

BenzingaMay 15 10:30