Reported 3 days ago
Billionaire investor Stephen Mandel has significantly reduced his stake in Taiwan Semiconductor by selling 46% over the past year, amidst concerns about potential AI market bubbles, regulatory hurdles, and high valuations. Meanwhile, Mandel's Lone Pine Capital has invested heavily in Starbucks, purchasing over 4 million shares, as the coffee giant aims to turn around its declining sales under new CEO Brian Niccol.
Source: YAHOO