AIThe Motley Foolabout 4 hours ago
Tepper Sold Most Microsoft Stake, Bought AI Memory Stock
1 min read
Billionaire David Tepper's Appaloosa Management sold 82% of its Microsoft position in the first quarter and initiated a new stake in an AI memory stock up over 4,100% in the past year. Microsoft stock fell 23% in its worst quarter since 2008, pressured by AI concerns and worries about software businesses.
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