Druckenmiller Dumps Nvidia and Palantir, Invests in Amazon as Top AI Stock
300+ Words Refined into 3 Facts by AI • 1 source • 1m ago
MY TECH INTERESTS
MY PROFESSION
MY GLOBAL POLITICS
- Stanley Druckenmiller's fund, Duquesne Family Office, closed out 2024 with more than $3.7 billion in assets under management spread across 78 holdings.1
- Druckenmiller sold his entire position in Nvidia and significantly reduced his stake in Palantir Technologies, from 769,965 shares to just 41,710 shares by the end of 2024.1
- Druckenmiller compared the current AI revolution to the early days of the internet, suggesting that while AI might be over-hyped now, it is under-hyped long-term.1
- Druckenmiller has shifted his focus to Amazon, purchasing 328,400 shares, making it his top AI stock.1
- Stanley Druckenmiller's fund, Duquesne Family Office, closed 2024 with over $3.7 billion in assets across 78 holdings.
- Druckenmiller sold his entire position in Nvidia and reduced his stake in Palantir Technologies from 769,965 shares to 41,710 shares.
- He has shifted focus to Amazon, purchasing 328,400 shares, making it his top AI stock.