Billionaire Steven Cohen Sold Point72's Entire Stake in Supermicro and Is Piling Into This Game-Changing Artificial Intelligence (AI) Stock Instead
Nvidia(NVDA) The Motley Fool·2024-12-06 09:51
Cohen's Point72 Asset Management swapped out a potentially troubled AI stock for the presumed cream of the crop.In November, Wall Street and investors were privy to a flood of important data releases. Election Day, monthly economic data reports, and earnings season -- the six-week period each quarter where a majority of S&P 500 companies announce their operating results -- make it easy for a meaningful announcement to go unnoticed.For example, investors may have been so swamped by other news events that the ...