Tesla Stock Is Falling. Options Activity Is Off The Chart. -- Barrons.com
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Asset management giant Third Point has increased its position in NVIDIA and liquidated its position in Tesla! It continues to favor utilities and Semiconductors.
The billionaire Daniel Loeb, known as the "Wall Street shark," founded and leads the top global asset management firm Third Point, which submitted the first quarter (Q1) Form 13F of Hold Positions in the USA as of March 31, 2025.
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Value stocks have taken over the "rebound flag" of the U.S. stock market! Dividend-based defensive strategies are favored by funds, helping the S&P 500 Index achieve four consecutive days of gains.
The US stock market has risen for four consecutive trading days, with the S&P 500 Index increasing by 0.4%, primarily driven by gains in value stocks such as utilities, consumer staples, and Real Estate.
Loeb's Third Point Dumps Tesla. What Other Hedge Fund Honchos Are Doing. -- Barrons.com
U.S. stocks closed: The seven giants collectively cooled down, and the Nasdaq ended its six-day rise, while the S&P rose for the fourth consecutive day.
① The Nasdaq China Golden Dragon Index closed down 2.37%; ② NetEase rose 14.61%, with the closing price nearing its previous high; ③ Meta is reportedly delaying the release of the AI model "Behemoth"; ④ Buffett made large sales of bank stocks in Q1 while maintaining his Hold Positions in Apple.
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