From Nasdaq: 2024-11-12 05:06:00

Data releases and economic news can easily overwhelm investors, causing important details to be missed. While many were focused on inflation reports, Warren Buffett and other top money managers were revealing their latest moves in Form 13F filings with the SEC. David Tepper, a prominent investor, made significant changes to his portfolio, selling off Nvidia shares while increasing holdings in Chinese e-commerce giant JD.com. Tepper’s actions reflect potential concerns in the AI sector and a shift towards promising opportunities in China’s growing economy. Despite regulatory uncertainties, Tepper sees potential in JD.com’s strong position in the e-commerce market and solid financials. This move highlights the importance of staying informed and seizing opportunities before they pass.



Read more at Nasdaq: Billionaire David Tepper Sold 93% of Appaloosa’s Stake in Nvidia and Is Piling Into One of China’s Most Prominent Growth Stocks