Third Point sells off Tesla and makes these other 'Magnificent Seven' moves

Dow Jones

2025/05/16

MW Third Point sells off Tesla and makes these other 'Magnificent Seven' moves

By Bill Peters

Fund also takes new stakes in Pinterest, U.S. Steel in first quarter

Daniel Loeb's Third Point sold off its stakes in electric-vehicle maker Tesla Inc. and social-media giant Meta Platforms Inc. during the first quarter and cut its position in Amazon.com Inc. However, the hedge fund took a new stake in AI chipmaker Nvidia Corp.

The fund offloaded all 500,000 shares it had in Tesla $(TSLA)$, and sold its 665,000 shares in Meta $(META)$. It also cut its stake in Amazon $(AMZN)$ by more than a million shares to 2.35 million overall.

Third Point snapped up 1.45 million shares of Nvidia. $(NVDA)$

Shares of Tesla fell 0.1% after hours on Thursday. Nvidia was down less than that.

Analysts have debated the growth prospects of the biggest tech companies, which have faced concerns about a slowdown in online shopping and ad spending amid broader economic uncertainty this year, as well as concerns about the costs and the payoff of big investments in artificial intelligence. Tesla faced questions this year about EV demand.

Third Point also bought 1 million shares of Pinterest Inc. $(PINS)$ for a new stake, and also took a new 3.625 million-share stake in U.S. Steel Corp. $(X)$

-Bill Peters

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 15, 2025 17:28 ET (21:28 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2535806356"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2535806356\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2535806356?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-16 05:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2535806356","market":"hk","top_or_hot":-1,"title":"Third Point sells off Tesla and makes these other 'Magnificent Seven' moves","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Third Point sells off Tesla and makes these other 'Magnificent Seven' moves\n</p>\n<p>\n  By Bill Peters \n</p>\n<p>\n     Fund also takes new stakes in Pinterest, U.S. Steel in first quarter \n</p>\n<p>\n     Daniel Loeb's Third Point sold off its stakes in electric-vehicle maker Tesla Inc. and social-media giant Meta Platforms Inc. during the first quarter and cut its position in Amazon.com Inc. However, the hedge fund took a new stake in AI chipmaker Nvidia Corp. \n</p>\n<p>\n     The fund offloaded all 500,000 shares it had in Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, and sold its 665,000 shares in Meta <a href=\"https://laohu8.com/S/META\">$(META)$</a>. It also cut its stake in Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> by more than a million shares to 2.35 million overall. \n</p>\n<p>\n     Third Point snapped up 1.45 million shares of Nvidia. <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> \n</p>\n<p>\n     Shares of Tesla fell 0.1% after hours on Thursday. Nvidia was down less than that. \n</p>\n<p>\n     Analysts have debated the growth prospects of the biggest tech companies, which have faced concerns about a slowdown in online shopping and ad spending amid broader economic uncertainty this year, as well as concerns about the costs and the payoff of big investments in artificial intelligence. Tesla faced questions this year about EV demand. \n</p>\n<p>\n     Third Point also bought 1 million shares of Pinterest Inc. <a href=\"https://laohu8.com/S/PINS\">$(PINS)$</a> for a new stake, and also took a new 3.625 million-share stake in U.S. Steel Corp. <a href=\"https://laohu8.com/S/X\">$(X)$</a> \n</p>\n<p>\n     -Bill Peters \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 15, 2025 17:28 ET (21:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Third Point sells off Tesla and makes these other 'Magnificent Seven' moves</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThird Point sells off Tesla and makes these other 'Magnificent Seven' moves\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-05-16 05:28</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Third Point sells off Tesla and makes these other 'Magnificent Seven' moves\n</p>\n<p>\n  By Bill Peters \n</p>\n<p>\n     Fund also takes new stakes in Pinterest, U.S. Steel in first quarter \n</p>\n<p>\n     Daniel Loeb's Third Point sold off its stakes in electric-vehicle maker Tesla Inc. and social-media giant Meta Platforms Inc. during the first quarter and cut its position in Amazon.com Inc. However, the hedge fund took a new stake in AI chipmaker Nvidia Corp. \n</p>\n<p>\n     The fund offloaded all 500,000 shares it had in Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, and sold its 665,000 shares in Meta <a href=\"https://laohu8.com/S/META\">$(META)$</a>. It also cut its stake in Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> by more than a million shares to 2.35 million overall. \n</p>\n<p>\n     Third Point snapped up 1.45 million shares of Nvidia. <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> \n</p>\n<p>\n     Shares of Tesla fell 0.1% after hours on Thursday. Nvidia was down less than that. \n</p>\n<p>\n     Analysts have debated the growth prospects of the biggest tech companies, which have faced concerns about a slowdown in online shopping and ad spending amid broader economic uncertainty this year, as well as concerns about the costs and the payoff of big investments in artificial intelligence. Tesla faced questions this year about EV demand. \n</p>\n<p>\n     Third Point also bought 1 million shares of Pinterest Inc. <a href=\"https://laohu8.com/S/PINS\">$(PINS)$</a> for a new stake, and also took a new 3.625 million-share stake in U.S. Steel Corp. <a href=\"https://laohu8.com/S/X\">$(X)$</a> \n</p>\n<p>\n     -Bill Peters \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 15, 2025 17:28 ET (21:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0345770993.USD","symbol_name":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535806356","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535806356","pubTimestamp":1747344480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Fund also takes new stakes in Pinterest, U.S. Steel in first quarter. Daniel Loeb's Third Point sold off its stakes in electric-vehicle maker Tesla Inc. and social-media giant Meta Platforms Inc. during the first quarter and cut its position in Amazon.com Inc. However, the hedge fund took a new stake in AI chipmaker Nvidia Corp.The fund offloaded all 500,000 shares it had in Tesla , and sold its 665,000 shares in Meta . It also cut its stake in Amazon  by more than a million shares to 2.35 million overall.Third Point snapped up 1.45 million shares of Nvidia. . Shares of Tesla fell 0.1% after hours on Thursday. Nvidia was down less than that.Analysts have debated the growth prospects of the biggest tech companies, which have faced concerns about a slowdown in online shopping and ad spending amid broader economic uncertainty this year, as well as concerns about the costs and the payoff of big investments in artificial intelligence. Tesla faced questions this year about EV demand.Third Po","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","USAW.SI":"AMZN 3xLongSG261006","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","TSLL":"2倍做多TSLA ETF-Direxion","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4566":"资本集团","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","NVIW.SI":"NVDA 3xLongSG261006","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1548497426.USD":"安联环球人工智能AT Acc","X":"美国钢铁","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","SNVD.UK":"LS -1X NVIDIA","NVDS":"1.5倍做空NVDA ETF-Tradr","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","TSLA":"特斯拉","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","NVDU":"2倍做多NVDA ETF-Direxion","SG9999014542.SGD":"United Income Focus Trust Acc SGD","2NVD.UK":"2X NVIDIA ETP","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","00201":"华大酒店","NVD2.UK":"2X NVIDIA ETP","NVD":"2倍做空NVDA ETF-GraniteShares","NVD3.UK":"LS 3X NVIDIA","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","NVDY":"NVDA期权收益策略ETF-YieldMax","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","TSYW.SI":"TESLA 3xLongSG261006","3NVD.UK":"LS 3X NVIDIA","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","NVDS.UK":"LS -1X NVIDIA","BK4508":"社交媒体","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","NVDD":"1倍做空NVDA ETF-Direxion","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC"},"translate_title":"Third Point出售特斯拉并采取其他“七巨头”举措","themeId":"aada84315b3232510e904514f85be6d4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"X":1,"TSLL":1,"NVD3.UK":0.6,"NVDS.UK":0.6,"NVD2.UK":0.6,"NVDU":0.6,"NVIW.SI":0.6,"2NVD.UK":0.6,"NVDD":0.6,"NVD":0.6,"TSLA":1,"TSYW.SI":0.6,"00201":1,"NVDS":0.6,"SNVD.UK":0.6,"NVDY":0.6,"3NVD.UK":0.6,"USAW.SI":0.6},"content_text":"MW Third Point sells off Tesla and makes these other 'Magnificent Seven' moves\n\n\n  By Bill Peters \n\n\n     Fund also takes new stakes in Pinterest, U.S. Steel in first quarter \n\n\n     Daniel Loeb's Third Point sold off its stakes in electric-vehicle maker Tesla Inc. and social-media giant Meta Platforms Inc. during the first quarter and cut its position in Amazon.com Inc. However, the hedge fund took a new stake in AI chipmaker Nvidia Corp. \n\n\n     The fund offloaded all 500,000 shares it had in Tesla $(TSLA)$, and sold its 665,000 shares in Meta $(META)$. It also cut its stake in Amazon $(AMZN)$ by more than a million shares to 2.35 million overall. \n\n\n     Third Point snapped up 1.45 million shares of Nvidia. $(NVDA)$\n\n\n     Shares of Tesla fell 0.1% after hours on Thursday. Nvidia was down less than that. \n\n\n     Analysts have debated the growth prospects of the biggest tech companies, which have faced concerns about a slowdown in online shopping and ad spending amid broader economic uncertainty this year, as well as concerns about the costs and the payoff of big investments in artificial intelligence. Tesla faced questions this year about EV demand. \n\n\n     Third Point also bought 1 million shares of Pinterest Inc. $(PINS)$ for a new stake, and also took a new 3.625 million-share stake in U.S. Steel Corp. $(X)$\n\n\n     -Bill Peters \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 15, 2025 17:28 ET (21:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}