Appaloosa takes new stakes in Oracle and GM, raises stakes in Alibaba and Microsoft

David Tepper’s Appaloosa hedge fund took new stakes in Oracle Corp. and General Motors Co., to name a few, and increased its holdings in Alibaba Group and Microsoft Corp., among other moves, according to a filing with the Securities and Exchange Commission late Wednesday.

Appaloosa increased its stake in Alibaba BABA by about 20%, ending the December quarter with 4.35 million shares, and increased its Microsoft MSFT holdings by about 4%, with 1.7 million shares. It also slightly increased its Amazon.com Inc. AMZN holdings,…

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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