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    Home » Appaloosa acquires new stakes in Oracle and GM, and increases its stakes in Alibaba and Microsoft
    Financial Market

    Appaloosa acquires new stakes in Oracle and GM, and increases its stakes in Alibaba and Microsoft

    ZEMS BLOGBy ZEMS BLOGFebruary 14, 2024No Comments1 Min Read
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    David Tepper's Appaloosa hedge fund has acquired new stakes in Oracle Corp. and General Motors Co., to name a few, and has increased its holdings in Alibaba Group and Microsoft Corp., among other moves, according to a late filing with the Securities and Exchange Commission. Wednesday.

    Appaloosa increased its stake in Alibaba BABA by about 20%, ending the December quarter with 4.35 million shares, and increased its holdings of Microsoft MSFT by about 4%, with 1.7 million shares. It also slightly increased its holdings in Amazon.com Inc. AMZN,…

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