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Palantir's Alex Karp Embraces 'Cult' Status, Complains About The Missing Perks As Stock Soars 350%
Wednesday, December 18, 2024 - 1:21am | 572Palantir Technologies Inc. (NYSE:PLTR) CEO Alex Karp welcomed praise from billionaire investor Stanley Druckenmiller during JPMorgan’s Asset Managers CEO Forum which took place from Friday to Sunday, as the data analytics company’s stock continues its remarkable ascent. What Happened:...
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Stanley Druckenmiller: Crypto Is Pricing In Trump As Election Favorite, But Does Bitcoin's Surge Coincide With Rising Odds?
Thursday, October 17, 2024 - 1:46pm | 670Billionaire investor and former hedge fund manager Stanley Druckenmiller, the chairman and CEO of Duquesne Family Office on Thursday noted that the market is starting to price Donald Trump winning the 2024 election. What Happened: Druckenmiller said that while the 2024 election...
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Market 'Very Convinced' Of A Trump Win, Says Stanley Druckenmiller: Why Billionaire Investor Thinks Blue Sweep Is 'Highly Unlikely'
Thursday, October 17, 2024 - 6:03am | 813While opinion polls predict a close race between Democratic nominee Kamala Harris and Republican nominee Donald Trump, billionaire investor and former hedge fund manager Stanley Druckenmiller, the chairman and CEO of Duquesne Family Office, on Thursday weighed in with his thoughts on the 2024...
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Druckenmiller Back In Palantir Game: Duquesne Rebuys Into AI Play After Year-Long Gap, Slashing Nvidia Stake
Friday, May 17, 2024 - 8:28am | 618Duquesne Family Office, run by former hedge-fund manager Stanley Druckenmiller, has reopened a position in Palantir Technologies, Inc. (NYSE:PLTR) after a year’s hiatus, according to the 13F report filed by the firm with the SEC late Wednesday. What Happened: Duquesne Family Office picked up...
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Stanley Druckenmiller Sells Off 72% Of Nvidia Stake, Bets Big On These Type Of Stocks
Thursday, May 16, 2024 - 10:22pm | 617Renowned investor Stanley Druckenmiller has significantly reduced his stake in NVIDIA Corp (NASDAQ:NVDA), indicating a shift in his investment strategy. What Happened: Druckenmiller’s Duquense Family Office sold off 441,551 shares of Nvidia in the first quarter, amounting to a 72% reduction...
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'Wise Indeed:' Tesla CEO Elon Musk Concurs As Billionaire Investor Stanley Druckenmiller Gives Bidenomics An 'F' And Slams Excessive Government Spending
Wednesday, May 8, 2024 - 8:24am | 713President Joe Biden has drawn flak from voters for his economic policy, aka Bidenomics, and on Wednesday, Stanley Druckenmiller, Duquesne Family Office chairman and CEO, took a swipe at the president in an interview on Tuesday. What Happened: Weighing in on Bidenomics, Druckenmiller said, “If...
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Hedge Fund Legend Druckenmiller Shares His Top Secrets For 30% Returns
Tuesday, May 7, 2024 - 5:53pm | 761Legendary hedge fund manager Stanley Druckenmiller is known for making the right bets at the right time. He came to fame In the early ’90s after a short against the British pound earned George Soros, his boss at the time, over $10 billion overnight. Since then, his hedge fund Duquesne Capital...
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George Soros' Ex-Employee Just Sold A Large Nvidia Stake: DruckenMiller Says It Was A 'Hell Of A Run'
Tuesday, May 7, 2024 - 2:49pm | 556Billionaire investor Stanley Druckenmiller, who runs the Duquesne Family Office, has tapped the brakes on his Nvidia Corp (NASDAQ:NVDA) investment as he believes the artificial intelligence revolution has gone too far too fast. What To Know: Druckenmiller has been betting on AI for more than a year...
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Nvidia Stock Could Face Potential Pullback After Earnings Report, Warns Bank Of America Analyst
Tuesday, February 20, 2024 - 12:29am | 679NVIDIA Corp (NASDAQ:NVDA) could be in for a significant pullback following its upcoming earnings report, according to a Bank of America analyst. What Happened: Bank of America’s Vivek Arya, a research analyst, has highlighted the possibility of a substantial decline in Nvidia’s stock...
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Billionaire Investor Stanley Druckenmiller's Firm Dumps Alphabet, Amazon, Boosts Investments In AI Leaders Nvidia And Microsoft
Friday, February 16, 2024 - 5:41am | 813Stanley Druckenmiller‘s Duquesne Family Office has made significant changes to its portfolio, as per recent Security and Exchange Commission (SEC) filings. The firm has divested its holdings in Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) and Amazon.com Inc (NASDAQ:AMZN) last quarter while...
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Nikki Haley Gaining Support From Voters, Donors: Could Landing Mitt Romney's Former Senior Advisor Help Momentum?
Monday, November 20, 2023 - 7:30pm | 741Former South Carolina Gov. Nikki Haley is among the candidates vying for the Republican nomination in the 2024 presidential election. While Donald Trump continues to lead the Republican competitors by a wide margin, Haley is the candidate soaring up the polls. What Happened: In the latest Morning...
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Elite Investor Stanley Druckenmiller Slams Janet Yellen For Failing To Lock In Cheap Debt: 'Worst Mistake In Treasury History'
Wednesday, November 1, 2023 - 11:16pm | 549Renowned investor Stanley Druckenmiller has strongly criticized Treasury Secretary Janet Yellen for what he calls the “worst mistake in the history of the Treasury,” leading the U.S. towards a potential debt crisis. Druckenmiller, a billionaire investor and head of the...
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Stanley Druckenmiller Criticizes Washington For Spending Like 'Drunken Sailors,' Says Easy Stock Gains Are Gone, Time To 'Really Do Work'
Wednesday, November 1, 2023 - 12:39pm | 611Legendary investor Stanley Druckenmiller, who runs Duquesne Family Office, says the federal government has made spending mistakes that are going to come back to haunt the markets. What To Know: Wednesday on CNBC's "Squawk Box," Druckenmiller criticized the federal government...
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At 70, Billionaire Investor Stanley Druckenmiller In Awe Of Bitcoin's Popularity: 'I Don't Own Any... But I Should'
Monday, October 30, 2023 - 11:23pm | 512Billionaire investor Stanley Druckenmiller on Monday spoke about Bitcoin (CRYPTO: BTC), acknowledging its establishment as a recognizable brand over the past 17 years. Although he does not currently own any Bitcoin, Druckenmiller admitted that he should consider adding it to his portfolio....
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Bubble Basket: Exploring The Astronomical P/E Ratios
Wednesday, June 21, 2023 - 5:34pm | 529Turning our heads to the US tech sector, we try to make sense of the hype. We wondered, basically; just how expensive the tech sector is. Nvidia (NASDAQ: NVDA) trades at 200x earnings; but AMD (NASDAQ: AMD) trades at 667x earnings. Palo Alto Networks (NASDAQ: PANW), on the other hand,...