Billionaire Philippe Laffont Has a New No. 1 AI Stock After Selling Shares of Nvidia and Meta Platforms

The new apple of Laffont's eye holds a sustainable competitive advantage within the artificial intelligence (AI) infrastructure arena.There's nothing more valuable on Wall Street than data. One week ago, on Feb. 17, institutional investors with at least $100 million in assets under management filed Form 13F with the Securities and Exchange Commission. A 13F offers investors a snapshot of the stocks Wall Street's smartest money managers purchased and sold in the latest quarter.Investors often pay close atten ...