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Third Point sells off Tesla and makes these other ‘Magnificent Seven’ moves
marketwatch.com/story/third-point-sells-off-tesla-and-makes-these-other-magnificent-seven-moves-059523f7Daniel Loeb’s Third Point sold off its stakes in electric-vehicle maker Tesla Inc. and social-media giant Meta Platforms Inc. during the first quarter and cut its position in Amazon.com Inc. However, the hedge fund took a new stake in AI chipmaker Nvidia Corp.
This story appeared on marketwatch.com, 2025-05-15 21:28:00.