Coatue Management's billionaire chief has been dumping Nvidia stock for a volatile AI infrastructure company that's capable of sustained annual sales growth of 50% (or greater).

In 1999, Laffont founded Coatue Management, a hedge fund and venture capital business that has invested in many successful tech start-ups including TikTok, Snap, and Spotify. The company's public ...

Coatue Management took new positions in Reddit (NYSE:RDDT), ServiceNow (NYSE:NOW), and Charles Schwab (NYSE:SCHW), while ...

Magnetar and Coatue. CoreWeave is now preparing to hit the public markets next year with an IPO expected by the first half of 2025, according to a report by The Information. [Related: IBM Think ...

The Tiger Management alum founded the hedge fund and VC firm Coatue Management back in 1999. Not long ago, Laffont exited his position in an AI stock and piled into a consumer growth stock.