Today: 22 March 2026
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TSX:8630 17 August 2025

AI Stock Frenzy: Hedge Funds Pile In, Tesla’s Dojo U-Turn & Palantir’s Reality Check

AI Stock Frenzy: Hedge Funds Pile In, Tesla’s Dojo U-Turn & Palantir’s Reality Check

Bridgewater Associates more than doubled its Nvidia stake to 7.23 million shares, worth $1.14 billion, and sharply increased holdings in Alphabet and Microsoft in Q2. Tiger Global Management added 4 million Amazon shares, ending June with 10 million. U.S. authorities approved Nvidia and AMD to resume AI chip sales to China, with revenue-sharing requirements. Tesla halted its Dojo AI supercomputer project and shifted to in-house AI chips.

Stock Market Today

  • Vulcan Materials (VMC) Shares Show Slight Undervaluation After Recent Decline
    March 21, 2026, 9:21 PM EDT. Vulcan Materials (VMC) shares have dropped 2.6% in the past week and 13.7% over the last month, despite an 11.2% gain over one year and 59.0% over three years. The stock currently trades around $258.40, slightly below the intrinsic value of $270.72 estimated via a discounted cash flow (DCF) model, suggesting a modest 4.6% undervaluation. The company's price-to-earnings (P/E) ratio stands at 31.21, reflecting market expectations of growth and risk. Simply Wall St rates Vulcan Materials' value score at 2 out of 6, signaling some caution. Investors should watch for shifts in fundamentals or market conditions that could affect valuation.
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