Billionaires Are Selling Palantir Stock and Buying a Stock-Split AI Stock Up 1,530% in 3 Years
Between the public debut of OpenAI on Nov. 30, 2022, and Nvidia's most recent stock split on June 10, 2024, shares of the chipmaker soared by 620%. Nvidia isn't merely a beneficiary of the AI revolution -- it has become the yardstick by which the entire megatrend is measured.Ray Dalio, the billionaire founder of Bridgewater Associates, has taken a similar approach to that of Duquesne. Throughout 2024, Bridgewater's trading activity in Palantir followed a pattern of cautious trimming and rebalancing. By the ...