Year: 2020

(Bloomberg) — Robinhood users can’t get enough of Tesla Inc.Almost 40,000 Robinhood accounts added shares of the automaker during a single four-hour span on Monday, according to website Robintrack.net, which compiles data on the investing platform that’s much beloved by day trading millennials.The one-day return may not have turned out so well. Tesla was up as much as 16% at one point before paring gains through the day and finishing 3% lower. It was a rare losing day for the high flying stock, which has surged 56% over the past 10 days.All told this year, Tesla’s market cap has surged …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 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …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 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

A new Yahoo Finance-Harris poll finds the majority of Americans believe the extra $600 per week should be extended past July — even though a majority also believes the benefits discourage people from returning to work. Yahoo Finance’s Jessica Smith joins Kristin Myers to discuss. …read more […]

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On Monday, Pfizer and BioNTech announced that the FDA granted ‘Fast Track’ approval for their coronavirus vaccine. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

Hewlett Packard Enterprise (HPE) has entered into an agreement to acquire Silver Peak, a software-defined wide area network (SD-WAN) company, to boost its edge-to-cloud solutions, in a deal valued at $925 million.Shares rose 2.7% to $9.50 in early afternoon trading. As part of the transaction, Silver Peak will be combined with HPE’s Aruba business unit to further accelerate the adoption of transformational technologies in the large and fast-growing SD-WAN space. HPE expects the combination to drive “significant” revenue opportunities and to be accretive to Intelligent Edge segment revenue growth and gross margin.The company estimates that the transaction, which is set …read more […]

The banking industry hopes to lean on its investment banking and cost-cutting efforts in an otherwise ugly second quarter. …read more […]

Morgan Stanley Equity Analyst Simeon Gutman joins Yahoo Finance’s Zack Guzman to discuss why he thinks Walmart is a ‘sleeping giant to watch’ in the health care sector. …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 first quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]

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The economic downturn since the coronavirus pandemic has been odd in so many ways. Why shouldn’t it expose some economic myths and misconceptions? …read more […]

With its stock down 9.6% over the past month, it is easy to disregard Exxon Mobil (NYSE:XOM). To decide if this trend… …read more […]

(Bloomberg) — It was sold as an all-or-nothing moonshot into space, the boldest pay package in corporate history.Now, with Tesla Inc.’s stock on a seemingly unstoppable rise, Elon Musk is poised to collect the second tranche of his pay award, worth $2.4 billion.Barring a sudden drop in the electric-car maker’s shares, the final performance threshold tied to market value should be met in a matter of days. That would unlock 1.69 million stock options, yielding Musk the 10-figure sum if he were to exercise and immediately sell the shares.The remarkable payout follows an equally remarkable ride for Tesla, whose shares …read more […]

Baron Asset Fund recently published its second-quarter commentary – a copy of which can be downloaded here. During the second quarter of 2020, the Baron Asset Fund returned 28.02% (institutional shares). In comparison, the benchmark S&P 500 Index was up 20.54%, while the Russell Midcap Growth Index was up 30.26%. You should check out Baron […] …read more […]