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Hedge Funds Never Been Less Bullish On California Resources Corporation (CRC)

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 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […] …read more […]

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Italy, Germany, France and Netherlands sign contract with Astrazeneca for COVID vaccine

Italy, Germany, France and the Netherlands have signed a contract with Astrazeneca to supply European citizens with a vaccine against the coronavirus, Italy’s health minister said on Saturday. The contract is for 400 million doses of the vaccine, which was developed with the University of Oxford and whose experimentation phase is already advanced and expected to end in autumn, Roberto Speranza said in a Facebook post. …read more […]

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Snowflake IPO: Data Warehousing Company Confidentially Files

In 2019, a Snowflake IPO was announced to come to the market. And recently the company confidentially filed with the SEC. Now, investors want to know when to expect Snowflake stock.
But is Snowflake a good investment? Here’s what we know…
Snowflake IPO: The Business

Three data warehousing experts founded Snowflake in 2012, naming it for their love of snow sports. The company’s first CEO was venture capitalist Mike Speiser. He remained at the company while it was in stealth mode. It wasn’t until October 2014 Snowflake launched to the general public under its new CEO Bob Muglia. Muglia brought experience from his …read more […]

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Venezuela’s Oil Production Plunges to Lowest Level Since 1945

(Bloomberg) — Oil production in Venezuela, the country with the world’s largest reserves of crude, has fallen to a 75-year low with U.S. sanctions continuing to cripple the country’s exports.Venezuela’s state-run oil company Petroleos de Venezuela SA lowered its production estimates to 374,000 barrels a day as of Wednesday, according to a document seen by Bloomberg, a level not seen since 1945. Its slide is a result of U.S. sanctions that have scared most of the world’s oil buyers away from Venezuelan crude, resulting in a storage glut that forced it to shut fields across the nation.PDVSA’s production estimate is …read more […]

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Robinhood Market Made Bursting Bubbles Wall Street’s Obsession

(Bloomberg) — Tuesday afternoon, a smallish Chinese real-estate firm, ticker symbol DUO, went crazy on the Nasdaq. Out of the blue, in a vacuum of news, depositary receipts of the Shenzhen-based outfit shot up 13-fold, taking its market capitalization to $4 billion.Nobody had a definitive reason why. But people could guess. Its name: Fangdd Network Group Ltd., sounds like the acronym for that amalgamation of American megacaps, the “Faangs,” comprising Facebook Inc. and others. Those shares were rallying, and it was easy to believe people had gotten it into their heads that Fangdd could — somehow — move along with …read more […]