Steven Cohen of Point72 Asset Management bought 1.5 million shares of Nvidia, increasing his stake by 75%. It is now his largest position excluding options. Meanwhile, he sold 1.5 million shares of Apple, completely exiting the position.

Apple Inc (NASDAQ:AAPL) shares are trading lower Thursday following reports indicating the tech giant is offering discounts on several iPhone models in China.

Nvidia Corp.’s banner year supercharged Chief Executive Officer Jensen Huang’s net worth to new heights. It also boosted three of the chipmaker’s longest-serving board members into the billionaire ranks,

Tench Coxe, a long-standing member of Nvidia’s board of directors, is starting off 2025 with an enviable new feather in his cap: a spot on the Bloomberg Billionaires Index. Two other Nvidia board members have also became billionaires thanks to the company’s soaring stock price,