Billionaires Are Piling Into an Artificial Intelligence (AI) Stock That Is Quickly Turning Into a Free Cash Flow Machine
Investors should always keep an eye on billionaire money managers. These are usually some of the best investors in the game and have the track record to back it up. Luckily, a lot of these billionaires and their funds must file reports on what stocks their funds owned at the end of each quarter, effectively telling investors what they bought and sold. Retail investors can gain new investment ideas and use various moves to check their investment theses if they own similar positions.Investors should always do their due diligence because you never know exactly why a professional money manager is buying or selling a stock. And remember, these institutional investors can make mistakes like anyone else. But recently, investors have been piling into an artificial intelligence (AI) stock that also has become a free-cash-flow machine. Let's take a look.The large ride-sharing app Uber Technologies (NYSE: UBER) has been at the center of the technology universe for decades now, as it essentially created a new industry. However, since going public in 2019, the company has not exactly had it easy. It's had to deal with new regulations and more competition, which increased costs and made it difficult for Uber to generate a profit.Continue reading
Investors should always keep an eye on billionaire money managers. These are usually some of the best investors in the game and have the track record to back it up. Luckily, a lot of these billionaires and their funds must file reports on what stocks their funds owned at the end of each quarter, effectively telling investors what they bought and sold. Retail investors can gain new investment ideas and use various moves to check their investment theses if they own similar positions.
Investors should always do their due diligence because you never know exactly why a professional money manager is buying or selling a stock. And remember, these institutional investors can make mistakes like anyone else. But recently, investors have been piling into an artificial intelligence (AI) stock that also has become a free-cash-flow machine. Let's take a look.
The large ride-sharing app Uber Technologies (NYSE: UBER) has been at the center of the technology universe for decades now, as it essentially created a new industry. However, since going public in 2019, the company has not exactly had it easy. It's had to deal with new regulations and more competition, which increased costs and made it difficult for Uber to generate a profit.
