Stanley Druckenmiller rebuilds Big Tech bets, dips into stablecoins with Figure Technology

Stanley Druckenmiller rebuilds Big Tech bets, dips into stablecoins with Figure Technology

Billionaire investor Stanley Druckenmiller made a notable return to megacap technology last quarter, rebuilding sizable stakes in Amazon and Meta , while placing a fresh bet on newly public stablecoin issuer Figure Technology , according to a new regulatory filing. Druckenmiller’s Duquesne Family Office initiated a $96 million position in Amazon and a $56 million…

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Peter Thiel’s hedge fund dumps Nvidia stake, cuts back Tesla position

Peter Thiel’s hedge fund dumps Nvidia stake, cuts back Tesla position

Peter Thiel ‘s namesake fund exited Nvidia in the third quarter, the latest sign of caution around the high-flying artificial intelligence darling. Thiel Macro zeroed out its stake worth nearly $94 million during the three-month period, regulatory fillings show. It marked the fund’s biggest change by dollar value in the quarter, according to InsiderScore. Thiel’s…

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