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David Tepper is long the market up to his eyeballs
Good morning. Amid headlines of doom, gloom, and confusion in Washington, billionaire hedge fund manager David Tepper is long."I don't think the market's cheap," he told CNBC on Wednesday morning, "but...
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Snapchat rallies after hedge fund billionaire David Tepper buys shares and...
Shares of Snap Inc rebounded on Wednesday following a steep selloff while an initial rush to short sell the stock appeared to be slowing.The owner of the Snapchat messaging app had fallen sharply in...
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For one glorious moment, business TV perfectly captured what's going on in...
There was one glorious moment on Wednesday, when simultaneous interviews on Bloomberg TV and CNBC perfectly captured the market we're in right now. On CNBC, billionaire fund manager David Tepper was...
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David Tepper made a big bet on Bank of America (BAC)
David Tepper's hedge fund Appaloosa made a big bet on Bank of America. The firm invested $207.2 million in the bank in the first quarter of this year. It was the biggest new bet the fund made in the...
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David Tepper pumped $520 million into Alibaba (BABA)
David Tepper's Appaloosa fund added a large stake in Alibaba in the second quarter.The fund added 3.69 million shares valued at $520.5 million, making it one of the top positions held by the...
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David Tepper dumps all his shares of Snap
Appaloosa Management, the $7 billion hedge fund founded by David Tepper, sold off all of its 100,000 shares of Snap, Inc. during the second quarter, according to regulatory documents filed Monday.The...
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Apple is moving higher after big-name money managers pile into shares (AAPL)
Apple is trading higher by 0.63% at $160.85 early Monday after regulatory filings showed big-name money managers are buying up shares.In an SEC filing on Monday, Buffett's Berkshire Hathaway disclosed...
View ArticleThe looming war between Alibaba and Amazon
Alibaba has been one of the best-performing mega-cap stocks of the year, surging 100%. Most recently, they had a blockbuster quarterly earnings report, and hedge fund manager David Tepper took a large...
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The Carolina Panthers expected to sell for less than hoped due to the NFL's...
The NFL requires that its owners own at least 30% of the team and has a debt limit of $350 million, and there are few billionaires with the liquid cash to meet those requirements. As a result of this,...
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Hedge fund manager David Tepper to buy Carolina Panthers for record $2.2 billion
Hedge fund manager David Tepper has agreed to buy the Carolina Panthers from team founder Jerry Richardson for a record $2.2 billion.Richardson announced in December he was selling the team amid an NFL...
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David Tepper’s hedge fund dumped its entire Apple stake ahead of the...
Appaloosa Management, run by billionaire David Tepper, sold off its entire stake of Apple last quarter.Tepper is expected to purchase the Carolina Panthers NFL team for $2.2 billion, it was reported...
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New Carolina Panthers owner David Tepper once displayed a statue of giant...
The Carolina Panthers have announced that billionaire hedge fund manager David Tepper has agreed to buy the team, a move some will view as a disappointing turn of events for the Panthers and the...
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Big name billionaires are turning bearish
NEW YORK (Reuters) - A number of big-name hedge fund investors soured on U.S. stocks in the second quarter and moved to gold and other bearish bets, failing to anticipate the stock market rally in the...
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David Tepper: One presidential candidate is 'demented, narcissistic, and a...
David Tepper, the CEO and founder of the hedge fund Appaloosa Management, is not one for mincing words.And in a wide-ranging interview with CNBC's Scott Wapner on Monday, he had some choice words for...
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Hedge fund manager David Tepper comes out in support of Hillary Clinton
Billionaire hedge fund manager David Tepper has officially come out in support of Hillary Clinton.The CEO of Appaloosa Management on Monday told CNBC's Squawk Box he was voting for the Democratic...
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Meet the world's 7 most successful hedge fund managers
London-based fund of funds LCH Investments, a subsidiary of Edmond de Rothschild Capital Holdings Limited, just released its annual top 20 "most successful money managers" list for 2016.The list...
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David Tepper's Appaloosa just dropped about $1 billion on 4 pharma stocks...
David Tepper's Appaloosa went big on pharma stocks in the fourth quarter. The fund took big new positions in Teva ($183 million), Pfizer ($156 million), and Mylan ($125 million) in the final three...
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David Tepper is long the market up to his eyeballs
Good morning. Amid headlines of doom, gloom, and confusion in Washington, billionaire hedge fund manager David Tepper is long."I don't think the market's cheap," he told CNBC on Wednesday morning, "but...
View ArticleClik here to view.
Snapchat rallies after hedge fund billionaire David Tepper buys shares and...
Shares of Snap Inc rebounded on Wednesday following a steep selloff while an initial rush to short sell the stock appeared to be slowing.The owner of the Snapchat messaging app had fallen sharply in...
View ArticleClik here to view.
For one glorious moment, business TV perfectly captured what's going on in...
There was one glorious moment on Wednesday, when simultaneous interviews on Bloomberg TV and CNBC perfectly captured the market we're in right now. On CNBC, billionaire fund manager David Tepper was...
View Article