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Loeb’s Third Point buys up new stakes in Alibaba, AMD and Alphabet while dumping Disney’s stock

By: MarketWatch

May 15, 2023 at 17:26 PM EDT

Daniel Loeb's Third Point LLC took out new positions in Alphabet Inc., Alibaba Group Holding Ltd. and Advanced Micro Devices Inc. during the latest quarter.

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Loeb’s Third Point buys up new stakes in Alibaba, AMD and Alphabet while dumping Disney’s stock