Reported 2 months ago
While Nvidia's stock has soared, billionaires like David Tepper and Howard Marks are investing in China's struggling retail sector, valued at $6.5 trillion. They are buying shares in major companies like Alibaba, which has seen its stock plummet 75% due to competition and economic pressures, yet shows potential for recovery. JD.com, another key player, also faces challenges but is leveraging its supply chain and AI to boost sales. This shift highlights a search for undervalued assets rather than chasing high-growth tech stocks.
Source: YAHOO