Billionaire Philippe Laffont is selling his Nvidia stake and investing in CoreWeave's AI IPO

From Nasdaq: 2025-05-22 03:06:00

May was a busy month for investors with earnings season, economic data releases, and the Federal Reserve’s rate decision. Institutional investors had to file Form 13F by May 15 to disclose their holdings. Billionaire Philippe Laffont of Coatue Management is known for outperforming and focusing on high-growth tech stocks, such as Nvidia and CoreWeave. Laffont has been reducing his stake in Nvidia over the past two years, while aggressively investing in CoreWeave, a hot AI IPO. CoreWeave’s growth prospects are promising, but it faces challenges like increasing losses, competition, and the risk of an AI bubble burst. Investors are advised to proceed with caution.



Read more at Nasdaq: Billionaire Philippe Laffont Has Cumulatively Sold 83% of Coatue’s Nvidia Stake and Is Piling Into Wall Street’s Hottest Artificial Intelligence (AI) IPO