The billionaire investor's firm, Duquesne Family Office, increased its Microsoft stake by 6.7% in the last quarter, making it the firm's top holding. The firm also reduced its exposure to Nvidia by 29% but acquired call options for the chipmaker worth over $242 million in notional value.
Companies seeking to capitalize on the burgeoning artificial intelligence (AI) market must be cautious about misleading investors with exaggerated or inaccurate claims about the technology's impact on their business, according to SEC Chairman Gary Gensler.
The BRICS nations are set to witness a significant surge in their millionaire population over the next decade, potentially challenging the dominance of the G7 countries.