No Picture
Trading Ideas

Tesla mocks shortsellers with sale of red satin shorts

Musk has often taken umbrage at short-sellers and in 2018 sent a box of shorts to hedge fund owner and Tesla short-seller David Einhorn. The “Short Shorts” on the Tesla shop website feature gold trim and “S3XY” in gold across the back, which also happens to be formed from Tesla model names. …read more […]

No Picture
Trading Ideas

Tesla mocks shortsellers with sale of red satin shorts

Musk has often taken umbrage at short-sellers and in 2018 sent a box of shorts to hedge fund owner and Tesla short-seller David Einhorn. The “Short Shorts” on the Tesla shop website feature gold trim and “S3XY” in gold across the back, which also happens to be formed from Tesla model names. …read more […]

No Picture
Trading Ideas

Former Indian Ambassador Discusses Tensions With China

Jul.06 — Gautam Bambawale, former Indian Ambassador to China and Bhutan, talks about the political tensions between India and China following the bitter border standoff in the Himalayan region. Bambawale, who was also India’s High Commissioner to Pakistan, speaks with Rishaad Salamat and Haslinda Amin on “Bloomberg Markets: Asia.” …read more […]

No Picture
Trading Ideas

Asymptomatic Cases May Transmit Virus: Harvard Physician

Jul.06 — Abraar Karan, physician at Harvard Medical School as well as at Brigham and Women’s Hospital, talks about the coronavirus pandemic. Global cases topped 11.4 million, deaths exceed 533,000, and the World Health Organization reported a one-day high in infections over the weekend. Karan speaks with Haslinda Amin and Yvonne Man on “Bloomberg Markets: Asia.” …read more […]

No Picture
Trading Ideas

Hyundai Ships Hydrogen Fuel-Celled Trucks to Switzerland

Jul.06 — Saehoon Kim, head of fuel cell center and senior vice president at Hyundai Motor Group, talks about the South Korean automaker’s production of hydrogen fuel-celled vehicles and shipments of trucks to Switzerland. He speaks with Yvonne Man and Haslinda Amin on “Bloomberg Markets: Asia.” …read more […]

No Picture
Trading Ideas

Uber, Postmates agree on $2.65 billion all-stock deal – Bloomberg News

The deal has been approved by Uber’s board and could be announced as soon as Monday, Bloomberg reported, adding that Pierre-Dimitri Gore-Coty, head of Uber’s food delivery business, Uber Eats, is expected to continue to run the combined delivery business. Uber and Postmates did not immediately respond to a Reuters request for comment. Last week, Reuters reported that Postmates had revived plans for an initial public offering following dealmaking in the U.S. online food delivery service sector that sparked acquisition interest in the company. …read more […]

No Picture
Trading Ideas

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

The deal has been approved by Uber’s board and could be announced as soon as Monday, Bloomberg reported, adding that Pierre-Dimitri Gore-Coty, head of Uber’s food delivery business, Uber Eats, is expected to continue to run the combined delivery business. Uber and Postmates did not immediately respond to a Reuters request for comment. Last week, Reuters reported that Postmates had revived plans for an initial public offering following dealmaking in the U.S. online food delivery service sector that sparked acquisition interest in the company. …read more […]

No Picture
Trading Ideas

Hedge Funds Have Never Been This Bullish On Ballard Power Systems Inc. (BLDP)

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 […]

No Picture
Trading Ideas

Hedge Funds Are Selling Bloom Energy Corporation (BE)

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 […]

No Picture
Trading Ideas

Revenge Doesn’t Explain Rise in Chinese Property Prices

(Bloomberg Opinion) — Real estate becomes a safe bet in uncertain times, and it’s proving true in China after months of pent-up demand from the pandemic runs into an outlook still filled with uncertainty.The problem, as we’ve seen time and again, is that anyone hoping for security from a market that’s heavily controlled may be in for disappointment, as the government will inevitably tighten limits when prices rise too much. Beijing should instead ramp up secure options for investors, such as accelerating the offering of real estate investment trusts. Recent gains in mainland real estate prices have all the …read more […]

No Picture
Trading Ideas

Uber, Postmates Agree on $2.65 Billion All-Stock Deal

(Bloomberg) — Uber Technologies Inc.’s board of directors has approved a $2.65 billion acquisition of food delivery rival Postmates Inc. in an all-stock deal, expected to be announced as soon as Monday morning in the U.S., according to people familiar with the matter.Uber’s head of food delivery, Pierre-Dimitri Gore-Coty, is expected to continue to run Uber’s combined delivery business, according to a person who asked not to be identified discussing a private deal. The acquisition comes on the heels of Uber’s failed bid to acquire publicly traded GrubHub Inc., which was scooped up by Europe’s Just Eat Takeaway for $7.3 …read more […]