The market's AI darling is set to post results when many investors are concerned about overly exuberant markets and the path forward for interest rates.
Appaloosa reduced its positions in chipmakers AMD, Qualcomm, TSMC and Intel, while boosting its holdings of Alibaba and Amazon, and initiating large positions in Oracle Corp and the ARK Innovation ETF.
As noted in our previous Legal Update, the August 2022 amendments to Section 102(b)(7) of the Delaware General Corporation Law (DGCL) permits a Delaware corporation to include an officer.
David Tepper's hedge fund, Appaloosa Management, made strategic moves in Q4 2023, including entering new positions, boosting select tech holdings, reducing exposure to semiconductors, and making key exits.