Wizards

Conviction looks different after risk comes off the table. Netflix Inc (NASDAQ:NFLX) stock was trading higher on Monday after spiking over 13% on Friday, following reports that the company is pulling out of talks to increase its offer for Warner Bros Discovery Inc (NASDAQ: WBD). The move removes a...

Billionaire investors had already built exposure. The cost curve is now being rewritten. Shares of Block Inc (NYSE:XYZ) surged roughly 20% premarket after CEO Jack Dorsey announced the company will cut nearly 4,000 employees — about 40% of its workforce — to become "more compact, flat, and AI-...

Investors expect AI giants to command the market's richest valuations. But right now, Warren Buffett's favorite soda is trading at a premium to one of the most important technology companies in the world. Coca-Cola Co (NYSE:KO) — a company built on sugar, branding, and global distribution — is now...

Michael Burry took to social media on Tuesday to lay out a caveat on his GameStop Corp. (NYSE:GME) holdings—if CEO Ryan Cohen decides to buy any portion of struggling retailer Bed Bath & Beyond (NYSE:BBBY), Burry would sell his shares.  Burry was short and to the point when expressing his...

ImmunityBio Inc (NASDAQ:IBRX) has already delivered one of 2026's most explosive stock moves. But the conditions behind its 471% year-to-date surge suggest the most volatile phase may still lie ahead. Source: Benzinga IBRX stock surged nearly 86% in the past month alone, driven by regulatory...

Activist investor Dan Loeb’s Third Point LLC seemed to be pivoting its focus on consumer-facing companies as it acquired a stake in Chipotle Mexican Grill Inc. (NYSE:CMG) in the fourth quarter of 2025. According to a recent 13F filing, reflecting his holdings as of...

Paul Tudor Jones is no stranger to spotting macro turning points. But his firm, Tudor Investment‘s newest bet on International Business Machines Corp. (NYSE:IBM) is suddenly facing a test few investors saw coming. Paul Tudor Jones’ IBM Bet Meets AI Reality The billionaire hedge fund...

Billionaire hedge fund investor Paul Singer just began cashing in on one of his biggest winning bets: Southwest Airlines Co. (NYSE:LUV). Singer's hedge fund, Elliott Investment Management, sold roughly 5.3 million shares of the low-cost carrier, trimming its massive position as the stock trades...

Bill Ackman has been betting on Magnificent Seven stocks in recent quarters, including a new position in Meta Platforms (NASDAQ:META) in the fourth quarter. While Magnificent Seven stocks are trading lower in recent months, one of Ackman's non-technology positions is showing strong returns. Ackman'...

The Magnificent Seven stocks are all trading down in 2026, after 2025 saw all seven trade in the green, with six of the seven up by double-digit percentages last year. The declines are having a big impact on the overall stock market and the wealth of the world's richest people. Top 10 Billionaires...

Seth Klarman‘s hedge fund, Baupost Group, revealed several new stock positions in the fourth quarter and multiple changes to the fund's investment portfolio. Here's a look at the new positions as of Dec. 31. New Positions In the fourth quarter, Baupost took new stakes in several companies....

While Warren Buffett has stepped down as the CEO of Berkshire Hathaway (NYSE:BRK)(NYSE:BRK), his investments will have a long-lasting impact on the success of the company. This rings true for the conglomerate’s investment portfolio in the fourth quarter, which included a new stake in media...

Carl Icahn isn't backing down from Monro, Inc (NASDAQ:MNRO)— even after the auto repair chain deployed takeover defenses aimed directly at him. The activist investor sharply increased his Monro stake in the fourth quarter, continuing to accumulate shares months after the company adopted a poison...

Andreas Halvorsen's Viking Global, just made a bold move into one of crypto's most volatile corners. In the fourth quarter of 2025, the hedge fund initiated a new $157 million position in Riot Platforms Inc (NASDAQ:RIOT), signaling rising conviction that the crypto bull cycle still has room to run...

Legendary trader Stanley Druckenmiller is changing the rhythm of his portfolio to a samba beat.   Known for his ability to spot inflection points before the herd, Druckenmiller's Duquesne Family Office's latest 13F filing reveals a new rotation: the Brazil trade is in and most Silicon Valley...