Articles for tag: AI stocks, Investment Strategy, Jeff Yass, Market volatility, Palantir, Super Micro Computer, Susquehanna International

Market News

AI

Jeff Yass’s Susquehanna sells 1.5M Palantir shares, pivoting to Super Micro amid AI stock volatility and accounting investigations.

Jeff Yass from Susquehanna International sold over 1.5 million shares of Palantir in early 2024, shifting focus to a fast-growing AI stock, Super Micro Computer, despite its recent troubles. The AI trend is booming on Wall Street, with predictions that it could add $15.7 trillion to the global economy by 2030. Still, concerns about Palantir’s ...

Market News

AI

Englander’s Millennium dumps AT&T shares, embracing risky AI stock Super Micro amidst controversy over its financial practices.

Israel Englander’s Millennium Management has recently sold nearly 9 million shares of the popular income stock AT&T, focusing instead on a controversial AI company, Super Micro Computer. Despite AT&T’s impressive gains, including a 49% total return, concerns over rising legal costs and a premium stock valuation prompted the sell-off. Meanwhile, Millennium significantly increased its stake ...

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