Wizards

Billionaire investor and entrepreneur, Mark Cuban, has recommended teenagers explore artificial intelligence (AI) as a potential side hustle that could prove to be highly profitable. What Happened: Cuban stated that if he were a teenager today, he would consider starting an AI side hustle...

"Big Short" investor Michael Burry placed a significant bearish bet on NVIDIA Corp. (NASDAQ:NVDA) in the first quarter of 2025. Did the "Big Short" pay off or are Burry's gains dwindling as Nvidia makes a remarkable comeback?  What To Know: Burry's hedge fund, Scion Asset Management, disclosed the...

Activist investor Dan Loeb‘s Third Point LLC acquired a significant stake in consumer health company Kenvue Inc. (NYSE:KVUE) in the first quarter of 2025. Kenvue was formerly a part of Johnson & Johnson (NYSE:JNJ) before becoming an independent ...

Jeff Bezos, the founder of Amazon (NASDAQ:AMZN), divulged his personal philosophy on achieving success, underscoring the significance of pursuing one’s passions. What Happened: During a speech at the George W. Bush Presidential Center's Forum on Leadership, Bezos encouraged...

Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, established a new position in Amazon.com, Inc. (NASDAQ:AMZN) after the stock dropped more than 30% earlier this year.  The Details: Pershing Square chief investment officer Ryan Israel told analysts on a call...

Activist investor Dan Loeb‘s Third Point LLC has exponentially boosted its investment in Apollo Global Management, Inc. (NYSE:APO) and Soho House & Co Inc. (NYSE:SHCO) in the first quarter of 2025. According to recent 13F filings, reflecting his holding as of March 31, 2025...

Peter Lynch didn't need AI to beat the market – just a sharp eye for growth at a reasonable price. His favorite valuation test, the PEG ratio (P/E divided by earnings growth), helps separate true growth stocks from overhyped duds. Under 1.0? That's a bargain. Over 2.0? You're overpaying. So...

Wall Street's reaction to Moody's downgrade of U.S. debt is turning into a tale of two titans. On one end, you have Ray Dalio — founder of Bridgewater Associates — warning that the downgrade grossly understates the true risk of owning U.S. debt. On the other hand, there’s Tom Lee of Fundstrat...

Wall Street's billionaire brigade hit turbulence in the first quarter of 2025. From Warren Buffett to George Soros, even the most iconic names couldn't dodge the drawdowns as markets rotated and profit-taking weighed down performance. Buffett's Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) saw a -2....

Legendary investor and hedge fund manager Michael Burry recently doubled down on his investment in cosmetics giant Estée Lauder Companies, Inc. (NYSE:EL). Burry's move could reflect a strategic bet on the so-called “Lipstick Index,” which suggests consumers turn to more affordable...

This post was updated to correct a typo in the headline. Renowned investor Peter Lynch recently opened up about his early experiences with the stock market, his initial investment, and the philosophy that has guided his successful career. Lynch, who rose to prominence...

Michael Burry, famed for his highly profitable bet against the U.S. housing market in 2008, has recently shifted to a bearish stance on Chinese technology stocks. Burry's pivot is notable because he was previously bullish on China tech companies and held significant long positions in companies like...

Paul Singer isn't tiptoeing into the energy sector, he's charging in at full throttle. In the first quarter of 2025, Elliott Investment Management hiked its energy sector exposure from 23.84% to a commanding 37.64%, making it the firm's largest allocation. Phillips 66, Suncor: Singer’s...

Amid tariff concerns, activist investor Dan Loeb‘s Third Point LLC made significant changes, shedding stakes or exiting major Magnificent Seven stocks during the first quarter of 2025. What Happened: A 13F filing released Thursday shows that Third Point completely exited its positions in Meta...

Carl Icahn is making bold moves from the lab to the tarmac. According to his latest 13F filing for the quarter ended March 31, the billionaire activist investor significantly boosted his holdings in Illumina Inc. (NASDAQ:ILMN) and JetBlue Airways Corp. (NASDAQ:JBLU) – a striking bet on both...