One firm I follow is Coatue Management, run by billionaire Philippe Laffont. In the fourth quarter, his firm bought 596,000 ...

While he may not enjoy the same name recognition as Warren Buffett, Philippe Laffont has an impressive track record. The multibillionaire investor grew up in France, attended the Massachusetts ...

Coatue Management's billionaire chief has been dumping Nvidia stock for a volatile AI infrastructure company that's capable of sustained annual sales growth of 50% (or greater).

One firm I follow is Coatue Management, run by billionaire Philippe Laffont. In the fourth quarter, his firm bought 596,000 shares of one of my favorite artificial intelligence (AI) stocks ...

This growth rate, combined with TSMC's best-in-class chips, makes TSMC a stock that billionaires like Laffont want to own. It allows them a pretty low-risk way to make a huge profit in the AI arms ...

Philippe Laffont is the founder and portfolio manager of Coatue Management, a hedge fund and venture capital firm that maintains a focus on technology-themed investing and lifecycle investing.

The most significant addition was Reddit Inc (NYSE:RDDT), with 6,530,236 shares, accounting for 3.6% of the portfolio and a total value of $1.067 billion. The second largest addition was ServiceNow ...