Business
Business·CNBC·Aug 14, 2026

David Tepper’s Appaloosa sells AI memory stocks while loading up on Magnificent Seven in the second quarter

The hedge fund bet big on megacap technology stocks in the second quarter, while selling off former high-flying memory chip manufacturers.

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6 matched episodes

↳ whyMentions Tepper's sale of AI memory stocks and Magnificent Seven investments.

PayPal sale talks with Stripe and Advent intensify as Washington regulatory heat
PayPal sale talks with Stripe and Advent intensify as Washington regulatory heat
3 mins · Aug 14, 2026

↳ whyAnalyzes AI stock valuations and mentions the Magnificent Seven.

AI Is Changing the World. But Is It a Bad Investment?
AI Is Changing the World. But Is It a Bad Investment?
28 mins · Aug 12, 2026

↳ whyAnalyzes potential AI stock selloff, including SanDisk's performance.

Episode 997: This Could Be the Start of an AI Selloff. Nvidia, SanDisk, Micron, Nebius
Episode 997: This Could Be the Start of an AI Selloff. Nvidia, SanDisk, Micron, Nebius
22 mins · Aug 15, 2026

↳ whyAnalyzes Sandisk's investor day and its growth guidance through 2030.

Memory is a 5 to 10 year constraint. The 2030 guides just proved it. | Ep. 52
Memory is a 5 to 10 year constraint. The 2030 guides just proved it. | Ep. 52
58 mins · Aug 14, 2026

↳ whyExplores market rotation from Magnificent Seven to other sectors.

Diversification Still Wins: Understanding Market Rotation and Broadening
Diversification Still Wins: Understanding Market Rotation and Broadening
17 mins · Aug 13, 2026

↳ whyExplains bearish outlook on SanDisk, relevant to Tepper's AI stock sales.

Episode 996: SanDisk Just Gave Me a Reason to Short It. Why I’m Short Intel
Episode 996: SanDisk Just Gave Me a Reason to Short It. Why I’m Short Intel
23 mins · Aug 15, 2026