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Tesla Rushes to Keep California Blackout From Killing Batteries

(Bloomberg) — Before PG&E Corp.’s massive blackout swept across Northern California, Tesla Inc. issued a politely worded but urgent message to its many area customers: charge up your car, now.Customers tweeted photos Wednesday of the notice popping up on the touch screens of their electric cars, advising them to top off their batteries while they still could. Utility owner PG&E began shutting off electricity to parts of the region early Wednesday to prevent its power lines from sparking fires during an expected windstorm.“A utility company in your area announced they may turn off power in some areas of Northern California …read more […]

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Is Cognizant Technology Solutions Corporation (CTSH) Going to Burn These Hedge Funds?

We can judge whether Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into their […] …read more […]

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Here’s What Hedge Funds Think About Altaba Inc. (AABA)

Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […] …read more […]

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Hedge Funds Have Never Been This Bullish On Fiserv, Inc. (FISV)

Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […] …read more […]

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QUALCOMM Incorporated (QCOM): Are Hedge Funds Right About This Stock?

Is QUALCOMM Incorporated (NASDAQ:QCOM) a good bet right now? We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of […] …read more […]

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GLOBAL MARKETS-Stocks slide, safe assets gain on anxiety over trade talks

Global stocks tumbled and the safe haven yen and Swiss franc gained in early Asian trade on Thursday, on signs Washington and Beijing were still wide apart on trade issues and were making no progress in deputy-level talks. The South China Morning Post (SCMP) reported the Chinese delegation, headed by Vice Premier Liu He, was planning to leave Washington after just a day of minister-level meetings, instead of as originally planned on Friday. The situation looks dire,” said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities. …read more […]

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Should You Avoid PetroChina Company Limited (PTR) Like Hedge Funds Did?

Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […] …read more […]

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Were Hedge Funds Right About Snapping Up Starbucks Corporation (SBUX)?

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […] …read more […]

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World’s Top Oil Traders See 2020 Prices Stuck in the $50s

(Bloomberg) — As the oil industry’s top executives gathered in London for one of the most important events of the year their view on crude prices was clear: they’ll struggle next year.Vitol SA Chief Executive Officer Russell Hardy told the Oil & Money conference on Wednesday that the ongoing U.S.-China trade dispute was curbing the outlook for crude prices which would be stuck in the $50s a year from now. The bosses of fellow commodity traders Trafigura Group Ltd. and Gunvor Group Ltd. agreed, at least in the short term.“Without some resolution to the trade wars then we’ll remain a …read more […]

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Here is What Hedge Funds Think About Prudential Financial Inc (PRU)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of June […] …read more […]

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BioNTech IPO Raises $150 Million as Biotech Wave Ebbs

(Bloomberg) — BioNTech SE raised $150 million in its U.S. initial public offering, pricing its shares below its target range as a wave of biotechnology listings recedes.The German company, which cut the size of the offering earlier Wednesday, sold 10 million American depositary receipts for $15 each, according to data compiled by Bloomberg. BioNTech had earlier marketed 13.2 million shares for $18 to $20 apiece.Biotech and biomedical companies, though overshadowed by so-called unicorns such as Uber Technologies Inc. with its $8.1 billion IPO in May, account for 34 of the 144 listings on U.S. exchanges this year, the data shows. …read more […]