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Brad Gerstner Bought Nvidia Stock When 'Everybody Said Sell': Now He's Buying Apple Stock At All-Time Highs
Tuesday, June 11, 2024 - 2:31pm | 739Read More...Altimeter Capital founder and CEO Brad Gerstner is becoming more bullish on Apple Inc (NASDAQ:AAPL) as the company unveils new AI-powered features at its annual developers conference this week. What To Know: Tuesday on CNBC’s “Fast Money Halftime Report,” Gerstner announced that...
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Hedge Fund Manager Buys Tesla Stock After 'ChatGPT Moment' With Latest Full Self-Driving Release: 'Feels Like A Human Driving'
Wednesday, March 27, 2024 - 4:33pm | 699Read More...Altimeter Capital founder and CEO Brad Gerstner decided to buy Tesla Inc (NASDAQ:TSLA) stock after having a “ChatGPT moment” with the electric vehicle company’s latest full self-driving release. What To Know: Wednesday on CNBC’s “Fast Money Halftime Report,”...
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Altimeter Buys PayPal Stake, Just As Josh Brown Dumps His
Wednesday, February 7, 2024 - 7:01pm | 518Read More...Altimeter Capital CEO Brad Gerstner confirmed Wednesday that his firm has taken a “small” position in PayPal Holdings, Inc. (NASDAQ:PYPL) on Wednesday. The announcement came right on the heels of PayPal’s fourth-quarter financial earnings report. “And, yes we own a small...
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California Democrat Ro Khanna Questions Fed's 2% Inflation Target: 'Why Is It Sacrosanct As Opposed To Setting It At 3%'
Sunday, June 25, 2023 - 10:44pm | 609Read More...Rep. Ro Khanna (D-CA) has questioned the Federal Reserve's 2% inflation target which the central bank has been targeting and defending vehemently in the wake of widespread calls for the need to have a re-look. “Who set the Fed's 2% target rate? Why is it sacrosanct as opposed to setting it at...
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What's Going On With Snowflake Stock Today?
Thursday, May 25, 2023 - 2:49pm | 389Read More...Snowflake Inc. (NYSE: SNOW) shares are trading down Thursday after the company posted first-quarter financial results and lowered product revenue guidance for fiscal year 2024. What To Know: Snowflake's reported first-quarter revenue of $623.6 million beat estimates of...
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Nvidia Is The Beating Heart Of The AI 'Supercycle': Why Altimeter's Gerstner Has Been Buying Stock In The 'Essential Ingredient' For AI
Thursday, February 2, 2023 - 5:18pm | 605Read More...With all of the craze surrounding ChatGPT, investors are looking for ways to get exposure to artificial intelligence. Altimeter Capital's Brad Gerstner says the best way to do so is by putting money to work in NVIDIA Corp (NASDAQ: NVDA), which sits at the center of the AI...
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Altimeter's Brad Gerstner Buys Tesla Stock, Says The Elon Musk-Led Company Is Following Apple's Playbook
Thursday, September 15, 2022 - 3:15pm | 499Read More...Altimeter Capital's Brad Gerstner has announced a new position in Tesla Inc (NASDAQ: TSLA). What To Know: Gerstner was bearish on Tesla in 2019 and 2020 on concerns Elon Musk's EV business was undercapitalized and could be heading for bankruptcy. "Fast...
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Are Investors Valuing Snowflake Stock Wrong? Here's Why It's Brad Gerstner's Largest Position
Tuesday, May 3, 2022 - 2:22pm | 349Read More...Snowflake Inc's (NYSE: SNOW) stock price has melted alongside several high growth names as investors focus on companies generating profits right now in the face of rising rates. However, investors who are tossing Snowflake shares out of their portfolios may be valuing the company...
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Why Brad Gerstner Is So Bullish On Bitcoin And The Future Of Cryptocurrency
Tuesday, October 19, 2021 - 2:05pm | 399Read More...Speaking on CNBC Monday, longtime activist investor Carl Icahn said Bitcoin (CRYPTO: BTC) is "a very difficult thing to invest in." Although Icahn noted he had spent a considerable amount of time researching Bitcoin, he told CNBC "the jury is still out" on the popular...
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Does Facebook Present A 'Really Interesting Opportunity' At Current Levels?
Tuesday, October 19, 2021 - 12:56pm | 326Read More...Altimeter Capital founder and CEO Brad Gerstner thinks Facebook Inc (NASDAQ: FB) offers an attractive investment opportunity at current levels. There are always opportunities in the market, even when the market as a whole seems inflated. Facebook is one of those opportunities right now,...
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Altimeter's Brad Gerstner Sells Travel Stocks, Buys These Growth Stocks: 'People Underappreciate The Size Of The Future Market'
Thursday, September 30, 2021 - 12:00pm | 481Read More...Altimeter Capital chairman and CEO Brad Gerstner provided a long-term bullish outlook Wednesday, but added he is positioned for a short-term pullback in the markets. "We expect the Nasdaq still has another 10% to 15% it can give back to us," Gerstner said in an...
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Good Vaccine, Treatment News Will Cause A Rotation Out Of Tech, Brad Gerstner Says
Tuesday, November 10, 2020 - 1:30pm | 174Read More...On CNBC's "Fast Money Halftime Report," the investment committee and guests discussed stocks they're buying, problems delivering the vaccine and the vaccine's impact on the market. Tiffany McGhee, Founder Of StocSavvy: Buying Peloton (NASDAQ: PTON), DocuSign (...
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'APE' Is The New 'FANG', But What Is 'APE'?
Thursday, June 1, 2017 - 2:02pm | 394Read More...Investors are likely familiar with the "FANG" acronym, perhaps even bored with the constant attention the technology group is getting. If that is the case, investors might find the latest group interesting and may well want to monkey it. Welcome, "APE." Speaking to CNBC from the sidelines of the...














