The world-famous hedge fund tycoon David Shaw is mixing up his chip stock holdings. According to newly-released 13F forms filed with the SEC, he is now doubling down on Advanced Micro Devices (NASDAQ:AMD), while reducing the fund’s exposure to Intel (NASDAQ:INTC). This matters because Shaw is one of the most respected hedge fund minds out […]
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We recently examined Apple’s strategy for gaining home automation market share, and the concept of digital assistants reared its head. Why are we referencing apples strategic goals when we’re looking at the present state of wearable smart home devices?
Steve Cohen is the founder of Point72 Asset Management, a family office that manages more than $12 billion. Cohen founded S.A.C. Capital Advisors in 1992, but the hedge fund shut down in 2016 after the firm pleaded guilty to insider trading charges. Point72 spun off from S.A.C. in 2016 and had only managed Cohen’s personal […]
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