
In what can only be described as a corporate circus, billionaire Stanley Druckenmiller decided to play the financial version of musical chairs. Hasta la vista, Tesla! He’s dumping that electric dream and piling up stacks of cash in Bank of America, Citigroup, Goldman Sachs, and a couple of other fancy banks. Because nothing screams “smart investor” like swapping a shiny electric car for some good old-fashioned dollar bills. 🤡✨
According to the secret society-uh, I mean, SEC filings-Druckenmiller’s Duquesne Family Office is now *completely* over Tesla and American Airlines. Yep, no more Uber-for-cars or sky taxis in his portfolio. Instead, he’s got his sights set on semiconductors (because who doesn’t love chips?) and Microsoft-because who doesn’t want to be a tech giant with a mouse and a cloud?
Turns out, he dropped a cool $132.74 million on Entegris-because apparently, he loves semi-conductor supplies-and nearly $100 million on Microsoft. Someone’s been drinking from the tech fountain! 🖥️💼
But wait, there’s more! Our savvy investor also threw his hat into the banking ring-adding big boy banks like Bank of America with $16.72 million, Citigroup with $56.72 million, and Goldman Sachs with $29.73 million-because what’s better than putting all your eggs in the biggest, most complicated basket? 🥚💥
Meanwhile, he said sayonara to those pesky airline stocks-he closed out options in Delta and United, pocketing a tidy $41.40 million and $15.61 million respectively, even though he *also* increased his stakes in those very airlines by 130% and 2%. Maybe he’s just playing a game of “Chutes and Ladders”-but with stocks. 🎲📉
And the funniest part? The Tesla stake he sold was worth a measly $4.88 million, while he’s now holding $30.03 million in United Airlines-because nothing says “investor genius” like flipping and doubling down at the same time. Genius? Or just a giant game of financial Twister? You decide. 😎🎢
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2025-08-24 12:09