David Tepper’s Appaloosa Management expanded positions in five major AI stocks during Q4, tripling Micron holdings. Full analysis of his investment moves.
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David Tepper’s hedge fund Appaloosa increased positions in five AI stocks in Q4, including tripling Micron and raising Alphabet stakes significantly.
eBay (EBAY) announces 800 layoffs affecting 6% of staff during strategic restructuring. Company acquires Depop for $1.2B while Q4 revenue hits $2.97B.
Oil prices surge after US-Iran nuclear talks conclude without agreement. Brent hits $72.54, WTI reaches $66.89. Energy stocks XOM, CVX, and COP rise amid supply concerns.
Amazon’s new AI leader Peter DeSantis emphasizes cost reduction with custom chips over performance as AMZN drops 8% amid $200B spending plan concerns.
eBay (EBAY) cuts 800 jobs in strategic restructuring while acquiring Depop for $1.2B. Q4 revenue climbed 15% to $2.97B, surpassing expectations.
Tesla stock slips as Cybercab program lead Victor Nechita departs during vehicle launch. TSLA down 5% post-earnings with robo-taxi plans under pressure.
Tesla stock falls as Cybercab program manager departs during launch. TSLA down 5% since earnings, trading at 200x 2026 estimates amid robotaxi expansion.
Amazon (AMZN) stock drops 8% as new AI chief Peter DeSantis pivots to cost-cutting strategy using in-house Trainium and Inferentia chips to rival OpenAI.
Oil prices jumped after U.S.-Iran nuclear talks failed to produce agreement. Exxon, Chevron, and ConocoPhillips shares rose amid ongoing diplomatic uncertainty.
US stock futures drop as Block (SQ) announces 50% workforce reduction for AI shift. Nvidia (NVDA) disappoints. Bitcoin stable at $68,007. PPI data pending.
US futures drop 300+ points as Block (SQ) cuts half its workforce for AI, stock jumps 20%. Nvidia (NVDA) disappoints. Bitcoin flat at $68K. PPI data coming.
Caesars Entertainment (CZR) stock surged 20% Thursday on acquisition reports. MGM, Wynn, and Las Vegas Sands also gained as casino sector rallies.
ASML’s High-NA EUV tools reach production milestone with 80% uptime and 500K wafers processed. The $400M systems promise to revolutionize chipmaking.
Caesars Entertainment (CZR) stock soared 20% on takeover speculation, with Fertitta Entertainment among potential bidders. Gaming sector rallies on news.