Daniel Loeb buys GOOGL, META, and NVDA in Q1

Daniel Loeb of Third Point Management bought shares of GOOGL, META, and NVDA in Q1. He reopened a GOOGL position after a two-year gap citing its Tensor Processing Units, Gemini AI models, and cloud revenue from TPU leases. The moves highlight confidence in AI infrastructure and integrated AI products across Google's ecosystem. The stock gains are supported by strong AI model performance and deep integration into Chrome, Android, and Google Search.