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Puru Saxena, investment commentator and ex-fund manager at FinTwit, has announced the sale of 40 percent of a position in an over-extended AI stock, securing a gain of approximately 103 percent.
Saxena indicated plans to raise more cash in the coming weeks.
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Saxena has previously highlighted software and cybersecurity stocks after strong earnings moved shares higher, as Strategy lifted its full-year revenue targets and rallied 23%. He also commented on Palantir’s financial results when the company reported $1.63 billion in first-quarter revenue and raised its FY26 outlook above market estimates. These updates follow a series of moves by Saxena to track outperforming technology names.