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).
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Billionaire Investor Philippe Laffont Sold ASML and Piled Into a Growth Stock Up 6,250% Since Its IPOIn 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 ...
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