Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […] …read more […]
U.S. President Donald Trump’s surprise decision to slap metals tariffs on Brazil is a blow to President Jair Bolsonaro’s aim of forging closer ties with Washington and could push Latin America’s No. 1 economy closer to Trump’s top trade foe – China.
With Black Friday just behind us, and Cyber Monday about to explode, holiday shopping season madness is in full swing.As the early stats come in, the numbers point to Friday’s online sales party being the largest ever, raking in $7.4 billion in transactions. Monday’s online sales are expected to come at $9.4 billion, beating last year’s $7.9 billion. Naturally, one popular name hoping to reap rewards is online shopping giant, Amazon (AMZN). The tech behemoth’s stock hasn’t had the most stellar year. Despite its share price recording gains of 19%, the number falls short of the S&P 500’s 25% year-to-date …read more […]
General Dynamics Corp was named lead contractor on a $22.2 billion U.S. Navy contract for the construction of nine Virginia-class submarines, the Pentagon said on Monday in announcing its largest-ever shipbuilding award. General Dynamics Electric Boat Corp is the prime contractor and Huntington Ingalls Industries Inc is a major subcontractor, the Pentagon said in a statement. Eighteen Virginia-class submarines have already been delivered to the Navy. …read more […]
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. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]
JPMorgan Chase CEP Jamie Dimon and Ford Foundation president Darren Walker weigh in on inequality in America. …read more […]
CNH Industrial truck unit Iveco on Monday joined the alternative propulsion party as it unveiled its first electric vehicle, which it will build in partnership with U.S. startup Nikola Motor Co.
Health insurer UnitedHealth Group on Monday issued its adjusted earnings forecast for 2020, the mid-point of which was below analysts’ estimates.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […] …read more […]
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was The Southern Company (NYSE:SO). Is The Southern Company (NYSE:SO) a […] …read more […]
Wells Fargo & Co on Monday named Scott Powell chief operating officer, effective Dec. 9.
The dollar and global stock markets fell on Monday after U.S. President Donald Trump said he would restore tariffs on some imports from Brazil and Argentina, with losses exacerbated by a slide in new U.S. factory orders in November to their lowest since 2012. European shares posted their biggest daily drop in two months as the tariff threat overshadowed encouraging data on the Chinese and euro zone economies. Last week, MSCI’s gauge of global stock markets had approached a record high on hopes Beijing and Washington will hammer out a “phase one” trade deal this year. …read more […]
Q3 2019 iRobot Corp Earnings Call …read more […]
After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […] …read more […]
Facebook Inc Chief Executive Officer Mark Zuckerberg said in an interview to CBS on Monday that U.S. President Donald Trump did not discourage him from banning political ads on the social media platform during a secret meeting in October.
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