Palantir Co-Founder Peter Thiel's Hedge Fund Just Made a Big Bet on This Genius AI Stock Pick
Thiel Macro loaded up on Amazon shares during the second quarter.
Overview
Peter Thiel may be a controversial figure, but he is a legend in the business world who helped form several incredible tech companies, including Palantir (NASDAQ: PLTR). So when his hedge fund, Thiel Macro, makes a drastic move in the tech industry, investors should take note.
In particular, the fund's largest stock purchase in the second quarter may be another sign pointing toward the future of the artificial intelligence (AI) realm.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.