Tiger Global acquired 6.42 Million Amazon.com shares worth $1.11 Billion. That's 5.31% of their entire equity portfolio (7th largest holding). The first Amazon.com trade was made in Q1 2004. Since then Tiger Global bought shares 25 more times and sold shares on 23 occasions. The stake costed the investor $249 Million, netting the investor a gain of 347% so far.
Global hedge funds last week dumped the so-called Magnificent Seven megacap stocks, bringing their exposure to the group to a two-year low just ahead of thei...
Global tariffs announced on April 3rd caused significant market declines, with the Dow Jones, S&P 500, and Nasdaq all experiencing substantial losses. Immedi...
Shares of Amazon (AMZN -3.68%) dropped 10.7% in February, according to data provided by S&P Global Market Intelligence. The company reported financial result...
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Energy thought leader Todd Thomas' groundbreaking new book, Unleashing Abundant Energy: How Al, Innovation & Bold Entre...