Chase Coleman's Tiger Global returned 18% for the first quarter across its three funds, Tiger Global Investments, Tiger Global Long Opportunities and Tiger Global Crossover. Of course, the firm has long favored technology names over the years and continued to enjoy outperformance from top "hyperscalers" like Microsoft, Alphabet, Meta Platforms and Amazon.
The 1990s internet meets AI in 2024
Over the last year or so, artificial intelligence has taken over as the prevailing narrative for tech stocks, including for the listed hyperscalers and other top tech names. In fact, the Tiger Global team believes AI could represent the largest total...