The third quarter of 2023 brought fascinating shifts in Steven Cohen’s investment strategy at Point72 Asset Management. The $39 billion hedge fund made two bold moves that caught Wall Street’s eye – pumping up its Nvidia stake while walking away from Amazon entirely. Cohen’s team at Point72 bought 1,574,796 additional Nvidia shares, boosting their position … Continue reading Steven Cohen’s Point72 Boosts Nvidia Stake by 74% Amid AI Chip Frenzy While Exiting $300M Amazon Holdings on Valuation Risks