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Stanley Druckenmiller ramps up health-care stock exposure, gets back into Microsoft

Stanley Druckenmiller ramps up health-care stock exposure, gets back into Microsoft

Billionaire investor Stanley Druckenmiller ‘s top three biggest holdings at the end of June were all health-care stocks and he also invested back into one of his favorite artificial intelligence plays, Microsoft , according to a regulatory filing. The former lead portfolio manager for George Soros’ Quantum Fund, who now runs his own Duquesne Family…

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OpenAI’s Altman warns the U.S. is underestimating China’s AI threat

OpenAI’s Altman warns the U.S. is underestimating China’s AI threat

OpenAI CEO Sam Altman warned that the U.S. may be underestimating the complexity and seriousness of China’s progress in artificial intelligence, and said export controls alone likely aren’t a reliable solution. “I’m worried about China,” he said. Over Mediterranean tapas in San Francisco’s Presidio — just five miles north of OpenAI’s original office in the…

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CVS shares are breaking out to the upside after a 3-year bear market cycle, according to the charts

CVS shares are breaking out to the upside after a 3-year bear market cycle, according to the charts

CVS Health (CVS) has a bullish turnaround underway after a three-year bear market cycle culminated in a shakeout of “weak” holders in December. Shakeouts are usually associated with investor capitulation, leaving major lows in their wake. Long-term momentum shifted meaningfully behind CVS in March, when the monthly MACD confirmed its first “buy” signal since September…

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