Steven Cohen

Person

Last mentioned: Mar 6, 2026

Stories mentioning Steven Cohen 2

Billionaire Pivot: Why Top Fund Managers are Swapping Meta for Amazon's AI

Seven elite billionaire money managers have significantly reduced their positions in Meta Platforms, reallocating capital into Amazon as a superior AI infrastructure play. This shift highlights a strategic institutional preference for cloud-based AI delivery systems over social-media-integrated models.

Mar 6, 2026 2 sources

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7 Billionaire Managers Pivot from Meta to Alphabet in Major AI Rotation

Institutional giants are trimming their stakes in Meta Platforms to reallocate capital into Alphabet, signaling a shift in the AI investment landscape. This rotation highlights a growing preference for diversified AI infrastructure and valuation-driven plays over pure-play social media advertising growth.

Mar 6, 2026 2 sources