Daniel Loeb's position in Amazon.com is currently worth $663 Million. That's 10.75% of their entire equity portfolio (2nd largest holding). The first Amazon.com trade was made in Q4 2019. Since then Daniel Loeb bought shares seven more times and sold shares on nine occasions. The stake costed the investor $430 Million, netting the investor a gain of 54% so far.
Daniel Loeb is the quintessential activist investor.
As the largest public cloud, Amazon is uniquely positioned to benefit from demand for AI infrastructure. Microsoft is monetizing generative AI with software ...
Hedge fund Third Point has more than $2.6 billion invested in just four AI stocks -- and none of them are Nvidia. Loeb has been clear about the potential of ...