Billionaires Sell Amazon Stock and Buy a Quantum Computing Stock Up 3,050% Since 2023

Billionaires Sell Amazon Stock and Buy a Quantum Computing Stock Up 3,050% Since 2023

Key PointsIsrael Englander, Ken Griffin, and Steven Schonfeld -- hedge fund managers who beat the S&P 500 over the past three years -- sold Amazon and bought Rigetti in the third quarter.Amazon is effectively using artificial intelligence to boost sales and improve efficiency across its e-commerce and cloud computing businesses, and the stock price is attractive.Rigetti benefits from vertical integration and multi-chip processors that may give i…