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Billionaire Dan Loeb Sold Amazon and Microsoft but Bought This "Magnificent Seven" Stock

Retrieved on: 2024-04-14 19:32:27

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Billionaire Dan Loeb Sold Amazon and Microsoft but Bought This "Magnificent Seven" Stock. View article details on hiswai:

Summary

The article discusses Daniel S. Loeb's investment strategy, noting his Third Point hedge fund's reduced stakes in big tech stocks Amazon and Microsoft, while increasing its investment in Meta Platforms, another 'Magnificent Seven' stock, likely due to its enhanced profitability and AI initiatives.

Article found on: finance.yahoo.com

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