Here's why tech titans are dumping stock (not recession)Warren Buffett just sold 56% of his stake in Apple (AAPL), and he's far from alone. Tech titans – from Meta's Mark Zuckerberg to Nvidia's Jensen Huang – have offloaded billions of dollars in stock since the start of the year. Are they bracing for recession? Or preparing for a market collapse? All these men are simply raising cash for a more promising opportunity. The last time we saw them freeing up cash on this scale was before they started investing billions into artificial intelligence. Warren Buffett already bought a $6.7 billion stake. And Sam Altman, the CEO of Open.AI, has invested over $180 million. In the months ahead, this could be far more lucrative than any rebound in mega cap tech stocks. Click here to get all the details I'm releasing on the trend today. Best, Eric Wade, Ps. I'm a senior technology analyst at Stansberry Research, one of the world's leading independent financial research firms. I've isolated a dozen opportunities that could have doubled or tripled your money. I've also helped millions of Americans navigate (and potentially take profit during) massive market events. I understand that, right now, you likely have a lot of questions about the stock market and where it is going in the months ahead. That's why I'm going to tell you exactly what the tech titans know... And more details on 3 stocks I'm looking at right now. Just click here to get all the details.
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Sunday, August 18, 2024
Here’s why tech titans are dumping stock (not recession).
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