Month: November 2020

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Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […] …read more […]

(Bloomberg) — Carnival Corp. filed to sell as much as $1.5 billion in stock, joining at least one other travel-related company in taking advantage of Monday’s rally on hopes for a coronavirus vaccine.In a supplemental filing Tuesday, the world’s largest cruise company said it would use the at-the-market equity offering program to raise money for general corporate purposes. Carnival recently completed the sale of 67.1 million common shares under a similar program.The filing comes at an opportune moment: Carnival shares posted their biggest-ever single-day gain Monday after a Covid-19 vaccine candidate from Pfizer Inc. and BioNTech SE prevented more than …read more […]

Michael Lee – Michael Lee Strategy Founder joins Yahoo Finance to discuss why work-from-home stocks are here to stay despite coronavirus vaccine progress. …read more […]

Every investor in Eastman Kodak Company (NYSE:KODK) should be aware of the most powerful shareholder groups… …read more […]

Robots whirr around, shifting fabrics and clothing, on the evening before Singles’ Day at the Hangzhou site for Xunxi, Alibaba’s first wholly-owned smart factory. The site is one of three plants Alibaba has launched under its manufacturing division, which marks the company’s latest foray into the offline world as it seeks to diversify from e-commerce. Speaking at a media briefing during Alibaba’s annual shopping festival, CEO Alain Wu said Alibaba established Xunxi to help China’s small merchants respond to consumer demand more quickly. …read more […]

Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks aren’t doing […] …read more […]

Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks aren’t doing […] …read more […]

Chinese electric car manufacturer NIO Limited (NIO) just may be one of the hottest stocks in an already overheated stock market. In the past 52 weeks alone, NIO stock has gained 2,138%, and according to J.P. Morgan analyst Nick Lai, NIO’s run isn’t done yet.This $44 stock might even go as high as… $46.Now, we know what you’re thinking. $46 a share — isn’t that just a couple bucks more than the $44 NIO stock costs today? And isn’t that kind of a piddling profit to be racing after? The answer is “yes” to both questions.And yet, Lai still wants …read more […]

* Revenue of $704.7 million up 28% vs. …read more […]

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is… …read more […]

T2 Biosystems, Inc. (NASDAQ:TTOO) shareholders will have a reason to smile today, with the analysts making substantial… …read more […]