Stonepine Capital’s Stake Value: $19.081 million
Percentage of Stonepine Capital’s 13F Portfolio: 9.97%
Number of Hedge Fund Holders: 10
Another notable stock in Timothy Lynch’s portfolio is CTI BioPharma Corp. (NASDAQ: CTIC). The fund holds a $19.081 million stake in the company. Since the previous quarter, Stonepine Capital has increased its stake by 132% in CTI BioPharma Corp. (NASDAQ: CTIC).
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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