Coatue Management top Q3 moves: cuts Nvidia, exits CRM & UNH, piles into Chinese stocks

Coatue Management top Q3 moves: cuts Nvidia, exits CRM & UNH, piles into Chinese stocks

BING-JHEN HONG Billionaire investor Philippe Laffont’s Coatue Administration had a busy third quarter with a number of strikes throughout its fairness portfolio, together with reducing its stake in Nvidia (NASDAQ:NVDA), exiting Salesforce (NYSE:CRM) and UnitedHealth (NYSE:UNH), and piling into Chinese language tech majors. Coatue disclosed the

Chinese space station crew returns after six months in orbit

Chinese space station crew returns after six months in orbit

Credit: Pixabay/CC0 Public Domain A three-person Chinese crew returned to Earth early Monday after more than six months aboard the Tiangong space station, state news agency Xinhua reported. Ye Guangfu, Li Cong and Li Guangsu were all “in good health” after touching down in the return capsule of their Shenzhou spaceship at the Dongfeng landing … Read more

Ex-aide to New York governor Kathy Hochul charged as Chinese agent

A former aide to New York Governor Cathy Hochul has been accused of performing as an agent of the Chinese language authorities. A federal indictment alleges that Linda Solar, 41, “acted on the order, path or request” of China in trade for thousands and thousands of {dollars} throughout her 14-year state authorities profession. Her husband … Read more