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In the second quarter, Appaloosa dumped 100% of its Broadcom stake, even after robust results and corresponding stock price gains. Despite holding dozens of stocks, Nvidia is now Tepper's seventh ...
Nvidia, the world's dominant AI chip provider, has been feeling the geopolitical heat lately. It recently struck a deal with U.S. President Donald Trump to pay 15% of the sales of H20 to the U.S.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading as the stock market looks ahead to the Federal Reserve's Jackson Hole Symposium.
U.S. technology shares are showing signs of vulnerability after a massive run, which has some investors pointing to overdone AI-driven gains while funds have taken steps to position away from the high ...