Billionaire Stanley Druckenmiller Dumped Shares of Nvidia and Palantir and Is Piling Into His New Favorite Artificial Intelligence (AI) Stock
Duquesne Family Office's billionaire chief sent shares of the two hottest AI stocks to the chopping block in favor of another high-profile company.
Less than three weeks ago, the most important data release of the first quarter occurred -- and you might have missed it. Amid a flurry of earnings reports and economic data releases, Feb. 14 marked the deadline for institutional investors with at least $100 million in assets under management (AUM) to file Form 13F with the Securities and Exchange Commission.
A 13F provides investors with an over-the-shoulder look of which stocks Wall Street's top money managers have been buying and selling. These snapshots can be particularly telling when it comes to next-big-thing trends, such as artificial intelligence (AI).
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