Reported 1 day ago
Billionaire Philippe Laffont significantly reduced Coatue Management's stake in Nvidia by 78%, amounting to about 10 million shares, amidst rising competition and regulatory challenges. In contrast, Laffont increased his investment in PayPal by over 30,000%, highlighting a strategic shift towards this fintech leader as it navigates digital payment competition and focuses on innovation under new CEO Alex Chriss.
Source: YAHOO