Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the second quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]
In February, 82-year-old Kishan Lal appealed to India’s finance minister for help, saying in a Twitter message he was ready to donate his kidney and eyes if someone could help arrange funds to treat his daughter, who had a brain tumour. The Lals had enough savings to tide over the medical crisis – more than 2.5 million rupees ($33,450) in Punjab & Maharashtra Co-operative (PMC) Bank. The withdrawal cap is now at 100,000 rupees per depositor. …read more […]
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the second quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]
BioNtech (BNTX) is one of the companies at the front-line of the battle against the coronavirus. On Friday, the company announced positive progress in the development of its COVID-19 vaccine candidate (in partnership with Pfizer).In the Phase 1 study of BNT162b2, the candidate exhibited a strong ability to induce an immune response in both young and older adults. Less than 20% of the study’s subjects had symptoms of mild to moderate fever,and only a small percentage suffered more serious events. Overall, the candidate was generally well tolerated.J.P. Morgan analyst Cory Kasimov is not surprised BNT162b2 demonstrated a better safety profile …read more […]
Success stories in 2020 don’t come much more triumphant than that of molecular diagnostics player Co-Diagnostics (CODX). Shares are up by a barely believable 1,365% since the turn of the year. Yet, following a disappointing Q2 earnings report, the stock has pulled back by 45% over the past month. So, is now the right time to pull the trigger on CODX shares?H.C. Wainwright analyst Yi Chen certainly thinks so. Chen reiterated a Buy rating on the stock, alongside a $33 price target. The implication for investors? Potential upside of a massive 153% from current levels. (To watch Chen’s track record, …read more […]
Online sports betting player DraftKings’ (DKNG) short life as a public company has so far proved to be a roaring success. The stock is up by a mighty 265% year-to-date, despite various headwinds. Covid-19 has played its part, with sports bought to a standstill by the pandemic, and upcoming schedules subject to further disruption should cases rise again. Additionally, the nascent sector has yet to clear various regulatory hurdles and receive the go ahead signal in multiple states across the country.But Following a virtual meeting with DraftKings’ management, Oppenheimer analyst Jed Kelly notes the top brass’ confident take on the …read more […]
I’ve got a very timely video for you today…
It’s not long…
It’s not complicated…
And it reveals exactly what you want to know – right now…
My top back-to-school pick.
Check it out!
For more picks like this, join me in The War Room!
The post My Top Back-to-School Pick appeared first on Investment U. …read more […]
As gold soars beyond the $2000 mark, there are some huge opportunities out there for investors who are willing to look beyond the biggest names in the space …read more […]
The amounts coming from the tax agency are small, but they can still go a long way. …read more […]
Since the beginning of July, Advanced Micro Devices (AMD) stock has been on fire. The semiconductor powerhouse announced impressive earnings that exceeded the expectations of many of the most optimistic analysts. In turn, AMD has soared 88% year-to-date. However, Northland analyst Gus Richard has recognized a growing number of adverse trends likely to hurt AMD’s stock price and profitability extending through CY21. Specifically, the analyst believes that factors such as slowing data center demand, shifting ARM server utilization, and longtime reliance on Intel will haunt AMD in ensuing quarters.The clearest factor indicating a decline for AMD, according to Richard, is …read more […]
The national debt is now roughly the size of the U.S. economy, crossing a threshold that has long worried deficit hawks and many economists.At the end of 2019, the federal debt held by the public stood at $17 trillion, roughly 80% the size of the U.S. economy, and government projections showed it growing to 100% of the economy in about 10 years. But thanks to trillions of dollars of spending in response to the coronavirus recession this year, and the contraction of the economy itself, the debt now stands at 106% of gross domestic product — a 25% increase in …read more […]
I believe the end of cash is near.
I know this is controversial. I know investors don’t want to believe this.
But the writing is on the wall.
Personally, I think physical money has already died. If you’re under a certain age, you don’t carry it in your wallet or have it on you at all.
We’re moving into a completely digitized world.
And each day, we see another brick in the wall come tumbling down.
Now, I’ve always believed this was coming. But as I’ve stressed here before, the pandemic is simply accelerating this transition.
And once Pandora’s box is open, there’s no going back… Just …read more […]
Salesforce reported $5.15 billion in revenue for the second quarter — a first for the software company — topping the Street’s estimate of $4.9 billion. The company also reported an adjusted EPS of $1.44, crushing the Street’s estimate of $0.67. Myles Udland breaks down the details on The Final Round.
…read more […]
(Bloomberg) — Hewlett Packard Enterprise Co. gave an outlook for earnings that was better than Wall Street was projecting, signaling that the server maker’s extensive cost cuts are paying off.Profit, excluding some items, will be 32 cents to 36 cents a share in the fiscal fourth quarter, compared with analysts’ estimates for 32 cents. For the full fiscal year, the San Jose, California-based company said it expects earnings per share of $1.30 to $1.34, beating projections for $1.20.Chief Executive Officer Antonio Neri has spent more than two years trying to rekindle growth at the once-storied maker of complex computer systems. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
