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Stockreport

Billionaires Are Selling Nvidia and Buying This Artificial Intelligence (AI) Stock Instead [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
However, several hedge fund billionaires began diversifying away from Nvidia in the fourth quarter, while purchasing shares of Amazon (NASDAQ: AMZN) Louis Bacon of Moore Capital Management sold 873,000 shares of Nvidia, reducing his stake by 99%. He simultaneously increased his stake in Amazon by more than 1,000%, such that it now ranks as his third-largest position. Israel Englander of Millennium Management sold 1.7 million shares of Nvidia, reducing his stake by 45%. He simultaneously increased his stake in Amazon by 1%, such that it now ranks as his fourth-largest position (excluding options). Steven Cohen of Point72 Asset Management sold 1.1 million shares of Nvidia, reducing his stake by 66%. He simultaneously increased his stake in Amazon by 11%, such that it now ranks as his largest position (excluding options). The trades made by Englander and Cohen are especially noteworthy because they run two of the most successful hedge funds in history. Specifically, as of Decemb [Read more]

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Stockreport

Billionaires Are Selling Nvidia and Buying This Artificial Intelligence (AI) Stock Instead [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
However, several hedge fund billionaires began diversifying away from Nvidia in the fourth quarter, while purchasing shares of Amazon (NASDAQ: AMZN) Louis Bacon of Moore Capital Management sold 873,000 shares of Nvidia, reducing his stake by 99%. He simultaneously increased his stake in Amazon by more than 1,000%, such that it now ranks as his third-largest position. Israel Englander of Millennium Management sold 1.7 million shares of Nvidia, reducing his stake by 45%. He simultaneously increased his stake in Amazon by 1%, such that it now ranks as his fourth-largest position (excluding options). Steven Cohen of Point72 Asset Management sold 1.1 million shares of Nvidia, reducing his stake by 66%. He simultaneously increased his stake in Amazon by 11%, such that it now ranks as his largest position (excluding options). The trades made by Englander and Cohen are especially noteworthy because they run two of the most successful hedge funds in history. Specifically, as of Decemb [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS