Gavin Baker’s Atreides Management is making big changes to its portfolio, exiting its entire Microsoft (MSFT) position while deploying hundreds of millions of dollars into AI-linked names. The News Atreides’ latest 13F filing from the U.S. Securities and Exchange Commission shows that the fund fully exited its stake in Microsoft in Q1 2026. The fund sold all 181,468 MSFT shares previously valued at $87.761 million. Atreides redeployed the capital and more into five new positions totaling $376.685 million. In Q1 of this year, the fund opened a new position in Zoom Communications (ZM), gobbling up 1,315,605 ZM shares valued at…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
The chairman of the Bitcoin treasury company Strategy says the firm now intends to buy all of the organic BTC until all 21 million coins are mined by 2140. The News In a new CNBC interview, Michael Saylor says Strategy has been gobbling up all of the Bitcoin supply sold by BTC miners. According to Saylor, the company plans to keep the Bitcoin-buying strategy until all BTC have been mined. “The formation of digital credit means that the credit market itself is absorbing all of the organic supply of Bitcoin from now to forever. Our company will probably buy all…
An investor who gained legendary status after nailing the 2008 housing market collapse says he sold some of his equity holdings even though Q1 earnings have been remarkably strong. The News In a new episode of The Real Eisman Playbook, Eisman says Q1 earnings results have come in and shattered the consensus forecast in a big way. According to Eisman, the fundamental data indicates that a recession is just not in the cards despite rising oil prices and geopolitical concerns. “On January 1 and April 1 of this year, the expected revenue growth for the S&P 500 for the first…
Prominent tech investor Gavin Baker says most of the money in AI at the model layer is surprisingly going into a few places, defying initial expectations that models will eventually be commoditized. The News In a new interview with Patrick O’Shaughnessy, the chief investment officer at Atreides Management says frontier-model creators like OpenAI and Anthropic are capturing the vast majority of economic returns at the AI model layer. “I do think it’s fascinating, the returns to the frontier, all the economic returns to AI at the model layer, not all of them, but an overwhelming amount of them have been…
Tech bull Dan Ives says Big Tech’s hubris is keeping him up at night, warning that the AI job disintermediation narrative poses a bigger threat than China. The News In a new interview with Anthony Pompliano, Ives says Big Tech has created a self-inflicted crisis when it started issuing warnings that AI will come after the jobs of white-collar workers. “My biggest concern is that tech companies are tripping over their own shoelace, having the hubris, talking about job cuts like it’s not reading the room, saying that their technology is going to wipe out lawyers, different areas and financials…
Fundstrat head of research Tom Lee believes that the upcoming SpaceX IPO will be a big lift for consumers who will likely face higher gas and food prices. The News In a new CNBC interview, Lee breaks down how American consumers will ultimately benefit from the wealth effect of the blockbuster IPOs coming this year, starting with Elon Musk’s SpaceX. “If I had to say what are the things that are sort of ballast and things moving the consumer — of course we know that it’s higher gasoline, higher food, and of course there’s going to be a shortage of…
Billionaire investor Mark Cuban says he unloaded most of his holdings after seeing how BTC’s price reacted during a time of major geopolitical conflict. The News In a new interview with Front Office Sports, Cuban says his investment thesis in Bitcoin was invalidated when BTC failed to rally while gold surged after the US attacked Iran earlier this year. “I think Bitcoin has lost the plot. I think Bitcoin has lost the plot. And when I started buying Bitcoin, and I’ve sold all of it, except not all of it, most of it. It was because when all the shit…
JPMorgan chief executive Jamie Dimon is issuing a counterintuitive statement about the US national debt, arguing that it is serving as rocket fuel for the equity market. The News In a new Bloomberg interview, Dimon says a new and unusual macroeconomic picture is emerging where record global deficits, AI investments and rising capital demand are pushing bond yields higher without negatively impacting equities. “The AI investments, in America alone, $450 billion last year, $750 billion this year, a trillion next year. Global deficits are at all-time highs and they are huge. So governments, including ours, have to borrow huge sums…
The chief investment officer at Morgan Stanley warns that the stock market looks primed for a corrective move as long-term interest rates in the bond market soar. The News In a new investor note, Mike Wilson says long-dated US Treasury yields are on the up and up, fueled by inflation fears amid rising energy prices, Bloomberg reports. With the 30-year Treasury bond yield soaring to 5.19% on Wednesday, the highest level in three years, Wilson says a market retracement is now within the realm of possibility. “We would expect the first meaningful correction in equity prices since markets bottomed at…
A senior strategist at the independent research firm Evercore ISI believes that in the bull-case scenario, the S&P 500 could explode to much higher levels before 2026 expires. The News In a new CNBC interview, the firm’s managing director, Julian Emanuel, believes that the earnings growth story for the S&P 500, specifically in the AI trade, could trigger new rallies for the index in the coming months. While investors are bullish as the S&P 500 trades close to all-time high levels, Emanuel warns that they appear to be ignoring one risk factor that could spark another market correction. “Long-term, we…