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Trading Ideas

Tesla starts selling China-made Model 3 with autopilot function

BEIJING/SHANGHAI (Reuters) – U.S. electric vehicle maker Tesla on Friday started selling its China-made Model 3 with an autopilot function priced from 355,800 yuan ($50,310), making it the company’s cheapest model on sale in the country, the official website showed. It suspended website sales of a less expensive variant of the same model, lacking an autopilot function, it had previously offered at 328,000 yuan ($46,389). Tesla did not respond to an e-mailed request for comment. …read more […]

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Trading Ideas

From Wyoming to Australia, Coal’s Heartlands Are Retreating

(Bloomberg Opinion) — From the Rocky Mountains to the Rhineland and Australia’s Great Dividing Range, the great tide of the coal industry is receding.The entire Powder River Basin, the region spanning the states of Montana and Wyoming that provides about half of America’s thermal coal, is “distressed,” Moody’s Investors Service wrote in a report last week. All companies producing coal there are now focusing on mining coking coal elsewhere in the U.S., the ratings company wrote. Output “will likely fall significantly in 2020,” it said.Energy Information Administration forecasts quoted by Moody’s suggest that production from the Powder River-dominated Western Region …read more […]

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Business News

China to ask U.S. to remove tariffs in exchange for ag buys in talks Friday: sources

Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters.

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Trading Ideas

South Korea grounds nine Boeing 737 NG planes with cracks

South Korea’s transport ministry on Friday said nine Boeing Co 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs. The suspension follows an order from the U.S. Federal Aviation Administration earlier this month for aircraft operators to inspect older Boeing 737 NGs for structural cracks. Boeing on Oct. 11 said inspections of 810 of the planes globally had led to 38 requiring repair. …read more […]

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Trading Ideas

Hedge Funds Have Never Been More Bullish On Tandem Diabetes Care Inc (TNDM)

Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […] …read more […]

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Trading Ideas

Were Hedge Funds Right About Snapping Up Q2 Holdings Inc (QTWO)?

We can judge whether Q2 Holdings Inc (NYSE:QTWO) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into their best […] …read more […]

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Trading Ideas

Hedge Funds Have Never Been This Bullish On Evercore Inc. (EVR)

After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of June 28. The results of that effort will be put on display in this article, as […] …read more […]