Appaloosa Management adjusted its investment portfolio, increasing its stake in Amazon and zeroing out several other positions.

The entities involved

• Appaloosa Management →

  American hedge fund

  Nothing else this week.

• Amazon →

  American multinational technology company

  • Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.Mon 17:31
  • Arianespace, a subsidiary of ArianeGroup, launched satellites for Amazon Leo constellation, supporting ESA's access to space.Mon 17:10
• Boeing →

  American global aerospace and defense corporation

  • The FAA certified the MAX-7 after technical issues, while Southwest Airlines is modernizing its fleet with upgraded 737s.Mon 17:19
  • United and Southwest are refusing new 737 MAX planes, and the FAA is investigating a software glitch issue.Mon 17:19
• American Airlines →

  major airline of the United States

  • Trump announced a chipmaking deal with Apple, while an MOU aims to end war in the Middle East and the Fed may raise rates.Mon 11:44
  • Bain & Company, Google, and American Airlines are supporting the Sustainable Aviation Buyers Alliance (SABA) and exploring potential future partnerships regarding Sustainable Aviation Fuel (SAF) procurement.Mon 10:02

Related events

• Appaloosa Management adjusted its portfolio by selling L3Harris holdings, adding Baidu, and exiting SanDisk positions.Aug 16
• The Dan Ives Wedbush AI Revolution ETF holds significant stakes in Amazon, Apple Inc., and Microsoft.Aug 27
• Investors Cathie Wood and Stanley Druckenmiller increased their stakes in Alphabet and Amazon.Aug 25