Billionaire David Tepper just reduced his positions in these 5 artificial intelligence (AI) stocks. Should you sell them too?

Few hedge fund managers have been as involved in artificial intelligence (AI) as David Tepper. His Appaloosa fund’s portfolio has been full of AI stocks for some time.

However, the billionaire investor doesn’t seem to be as enamored with AI these days. Tepper trimmed its positions in several AI stocks in 2024Q2.

Each of the top five Appaloosa holdings has a major focus on AI. However, Tepper reduced his hedge fund’s positions in all of them in Q2.

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