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Amazon May Contest Microsoft's Controversial $10 Billion Pentagon Contract

Oct.28 — Microsoft Corp. shares rose to an intraday record after the company scored a major victory in securing a milestone, $10 billion Pentagon contract for cloud computing services. Amazon.com Inc. is considering a challenge to the award of the contract to Microsoft’s much smaller Azure business, citing President Donald Trump’s interference in the bidding process, according to a person familiar with the matter. Bloomberg’s Naomi Nix has more on “Balance of Power.” …read more […]

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Hedge Funds Have Never Been More Bullish On Pacific Biosciences of California, Inc. (PACB)

Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors’ consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […] …read more […]

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Hedge Funds Have Never Been More Bullish On Zymeworks Inc. (ZYME)

We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds’ top 3 stock picks returned 34.4% this year and beat the S&P […] …read more […]

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UPDATE 1-AstraZeneca's combo drug for lung cancer succeeds in late-stage trial

AstraZeneca Plc said on Monday a combination of its cancer drug, Imfinzi, along with chemotherapy helped curb progression of lung cancer in a late-stage study, sending its shares up 2%. The combination, when added to the drugmaker’s tremelimumab therapy, also met the secondary goal of improving progression-free survival, the British drugmaker said. The combinations were being tested in previously untreated patients with stage four, non-small cell lung cancer. …read more […]

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Hedge Funds Have Never Been This Bullish On Innovative Industrial Properties, Inc. (IIPR)

At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […] …read more […]

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Did Hedge Funds Drop The Ball On Sonos, Inc. (SONO) ?

Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients’ money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […] …read more […]

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Is Endo International plc (ENDP) Going To Burn These Hedge Funds ?

Is Endo International plc (NASDAQ:ENDP) a good bet right now? We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage […] …read more […]