Reported 11 days ago
Billionaire Israel Englander has made notable changes in his investment portfolio, selling 7.7 million shares of Palantir Technologies, reducing his stake by 59%, while significantly increasing his investment in Super Micro Computer by 807% with the purchase of 553,323 shares. Despite Palantir's successful Q3 financial results showcasing strong demand, its high valuation raises concerns for investors. Conversely, Super Micro is poised for growth in the AI server market but currently faces serious allegations of accounting manipulation, creating uncertainty around its stock.
Source: YAHOO