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Former Uber CEO sells more than $2.5B worth of shares

The co-founder and former CEO of Uber is on track to completely sell off his stake in the company. Travis Kalanick has sold more than $2.5 billion worth of shares, which leaves him with less than 10% of his holdings. Yahoo Finance’s Kristin Myers, SIbile Marcellus and Scott Gamm discuss on YFi AM. …read more […]

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Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others

The investment round, which also included BlackRock Inc, is the fourth this year for Rivian and positions the Plymouth, Michigan-based company as one of the better-financed players in a crowded EV manufacturing market where Tesla Inc is the most established player. “This investment demonstrates confidence in our team, products, technology and strategy,” Rivian Chief Executive R.J. Scaringe said in a statement. …read more […]

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Hedge Funds Have Never Been More Bullish On Titan Medical Inc. (NASDAQ:TMDI)

Is Titan Medical Inc. (NASDAQ:TMDI) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds […] …read more […]

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Is AEGON N.V. (AEG) A Good Stock To Buy?

Hedge funds are known to underperform the bull markets but that’s not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […] …read more […]