Hedge Fund and Insider Trading News: Bill Ackman, Steve Cohen, Ray Dalio, Philippe Laffont, David Tepper, Whale Rock Capital Management, Vera Therapeutics Inc (VERA), Pinterest Inc (PINS), and More

Billionaire Hedge Fund Manager Bill Ackman Has No-Nonsense Reply To Zohran Mamdani (The Street)

Steve Cohen’s Point72 Goes Heavy On Tech And Pharma Stocks, Investing Over $330M In Two Trades (International Business Times)

How Countries Go Broke — Ray Dalio On Why Timing Is Everything (Financial Times)

This Hedge Fund Legend Says Big Tech Has Reached ‘Peak Employee’ (Financial Review)

Billionaire David Tepper Dumps Nvidia, Slashes ‘Magnificent 7’ Holdings — But Bets Big On These 2 AI And Blockchain Plays (Benzinga)

Top 10 Stocks Wall Street is Discussing

A person holding a cup of coffee while reading stock market data on the phone. Photo by Anna Nekrashevich on Pexels

Hedge Fund Magellan Capital’s Office Searched By Dubai Regulator (Bloomberg)

FCA Chief Seeks ‘Visibility’ On Hedge Fund Gilts Trading (Financial News London)

Whale Rock Slashes Losses With Double-Digit May Gains (Institutional Investor)

Citi Rides Hedge Fund Volatility To Trillion-Dollar Growth In FX (Bloomberg)

10 Unstoppable Stocks To Buy According To Hedge Funds (Insider Monkey)

Thursday 6/26 Insider Buying Report: VERA, GMRE (Nasdaq.com)

Pinterest CFO Brau Donnelly Julia Sells $1M In Shares (Investing.com)

You may be concerned about the recent declines in AI stocks such as NVDA. However, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but trades at less than five times its earnings, check out our report about the cheapest AI stock. This stock has generated positive returns so far in 2025 despite the huge losses experienced by other AI stocks.