Billionaire Philippe Laffont sold Nvidia, AMD and invested heavily in two companies dominating a market that may reach beyond $100 billion; which are the stocks?

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Billionaire Philippe Laffont sold Nvidia, AMD and .. reach beyond $100 billion; which are the stocks?

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Billionaire Philippe Laffont sold Nvidia, AMD and invested heavily in two companies dominating a market that may reach beyond $100 billion; which are the stocks?

//stocks-investing.news-articles.net/content/202 .. ach-beyond-100-billion-which-are-the-stocks.html

Published in Stocks and Investing on Friday, January 31st 2025 at 9:21 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Analysts predict the weight loss drug market to grow between $100 billion and $130 billion by 2030, as per a report.

2025-01-31 147 x 110 / 33270 Bytes

Billionaire Philippe Laffont, through his hedge fund Coatue Management, has recently made significant changes to his investment portfolio, notably selling off shares in Nvidia and AMD, two leading semiconductor companies. Instead, he has heavily invested in two companies that are poised to dominate a market potentially exceeding $100 billion. These companies are Uber Technologies and DoorDash, both of which are key players in the ride-sharing and food delivery sectors. Laffont's shift in investment strategy reflects a belief in the growth potential of the gig economy and the increasing consumer reliance on on-demand services. This move comes at a time when the demand for such services continues to grow, driven by changes in consumer behavior and the ongoing digital transformation across various industries.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/top-stocks/billionaire-philippe-laffont-sold-nvidia-amd-and-invested-heavily-in-two-companies-dominating-a-market-that-may-reach-beyond-100-billion-which-are-the-stocks/ar-AA1ybpk1 ]