The Burst
Billionaire Sells Major AI Stock
Over three decades, Druckenmiller compounded capital at roughly 30% a year without a single losing year, a record I am not sure is matched by anyone, anywhere Buffett included. So what’s this investing maestro doing now?
In the third quarter, Druckenmiller exited Broadcom entirely, a company that is a tollroad in the chip wars of AI.
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Read MoreThe Ivy
Broadcom Isn’t Cheap But Will It Still Power Higher?
Broadcom has quietly become one of the biggest winners of the AI boom. Shares have soared over the past two years as demand for AI infrastructure exploded, and even after a recent pullback of more than 5% from November highs, the stock is still up over 50% this year.
That short-term dip raises an obvious question: Is Broadcom finally offering a better entry point,
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Read MoreThe Daily
Cathie Wood Is Betting on This 1 Little-Known Stock. Should You Buy It Too?
Cathie Wood’s ARK Invest recently made a contrarian bet that’s turning heads on Wall Street. The innovation-focused fund manager participated in a $300 million investment in what was formerly Brera Holdings (SLMT). This little-known Irish football club operator has executed one of the most dramatic pivots in stock market history.
Now rebranded as Solmate Infrastructure and trading under the ticker SLMT,
» Read more about: Cathie Wood Is Betting on This 1 Little-Known Stock. Should You Buy It Too? »