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Paul Tudor Jones Started Buying Elastic. Steve Cohen Cut Back Before The AI-Fueled Rally

Aug 28, 2026 · 11:16 AM ET· updated 1h ago
Paul Tudor Jones Started Buying Elastic. Steve Cohen Cut Back Before The AI-Fueled Rally

Paul Tudor Jones bought Elastic while Steve Cohen's Point72 trimmed its stake before the AI-driven earnings rally.

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Why It Matters

A famous investor named Paul Tudor Jones started buying shares of Elastic, while another investor named Steve Cohen sold some of his shares before the company had a big earnings win from artificial intelligence. This shows that even smart investors sometimes disagree on whether a stock will go up or down.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.