Druckenmiller Scales Down on Nvidia Amid Cyber Threats

Druckenmiller Trims Nvidia, Palo Alto Networks' Cybersecurity Warning, Housing Industry Challenges, and More

After-hours Stock Action

Nvidia (NVDA): Druckenmiller Cuts Back

• Investor Stanley Druckenmiller reduces large Nvidia position; stock down 7% from March high.
• Impressive Growth: Stock surged 215% in a year, closing at $905.54 per share on Tuesday.

Palo Alto Networks (PANW): Cybersecurity Concerns

• CEO Nikesh Arora warns of rising cybersecurity threats and potential AI-generated hacking tools.
• Market Performance: Up 17% since November, outpacing Invesco QQQ ETF tracking Nasdaq 100.

Housing Stocks: Affordability Struggles Persist

• S&P Homebuilding Industry up 44% in a year but down nearly 3% in the past month.
• Affordability Concerns: Almost 70% of Americans aged 18-34 find housing unaffordable.

Motorola Solutions (MSI): All-time High

• MSI hits all-time high with a May increase of 5.6%, up by14% YTD.

Sectoral Insights

Affirm (AFRM): Fintech Earnings Report Tomorrow

• Downward Trend: Affirm down by22% since last report three months ago; stock is33.5% below December's high.

Brookfield (BAM): Real Estate Investment Surge

• Quarterly Report Release Tomorrow: BAM invests in real estate, infrastructure, credit, and insurance; up9% in a week.