Billionaire Philippe Laffont Has Cumulatively Sold 83% of Coatue's Nvidia Stake and Is Piling Into Wall Street's Hottest Artificial Intelligence (AI) IPO

Coatue Management's billionaire chief is swapping out the brains of AI-powered data centers for a newly public AI stock with scorching-hot growth potential.May has been a data-packed month for investors. Between earnings season, a steady flow of economic data releases from the government, and the Federal Open Market Committee's federal funds rate decision, there's been a lot to unpack.But arguably the most important data release of the quarter occurred one week ago, on May 15. This was the deadline for inst ...