Ken Griffin Bets on Palantir Over Nvidia in AI Stock Showdown
TL;DR Summary
Billionaire Ken Griffin's Citadel hedge fund significantly increased its stakes in AI-focused companies Palantir Technologies and Broadcom during the June-ended quarter, as revealed in its 13F filing. Citadel's interest in these companies aligns with the broader Wall Street enthusiasm for AI, which is expected to add substantial value to the global economy. Despite hedging its positions with options, Citadel's moves in these stocks are closely watched by investors.
- Billionaire Ken Griffin of Citadel Is Piling Into Palantir and Broadcom and Selling Shares of Wall Street's Artificial Intelligence (AI) Darling Yahoo Finance
- Better Artificial Intelligence Stock: Palantir vs. Microsoft The Motley Fool
- Veteran trader makes surprising call between Palantir, Nvidia stock TheStreet
- Is Palantir a Better Artificial Intelligence (AI) Stock Than Nvidia? Why Management Thinks It Is. sharewise
- Palantir Stock vs. Nvidia Stock: Billionaire Ken Griffin Buys One and Sells the Other The Motley Fool
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