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Here is the 8th Most Popular Stock Among Hedge Funds

Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of June 28th, 2019. What do these smart investors think about The Walt Disney Company (NYSE:DIS)? Even though The Walt Disney Company (NYSE:DIS) shareholders have witnessed a decrease in support from […] …read more […]

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UPDATE 1-Facebook's Instagram launches Snapchat-like “Threads” app

Facebook Inc said on Thursday it was launching a separate camera-first messaging app, “Threads”, for its photo-sharing platform Instagram, stepping up the company’s social media war with smaller rival Snapchat. Through Threads, users can upload status, share location and battery status with their close friends on Instagram, the social media company said in a blog https://newsroom.fb.com/news/2019/10/privacy-matters-threads post. Facebook has been focusing on Instagram, its fastest-growing revenue generator, as its core platform has been under scrutiny from regulators regarding privacy and spread of misinformation or fake news. …read more […]

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UAW cites 'significant progress' in Ford talks as GM strike continues

The United Auto Workers union said on Thursday it has made “significant progress” in contract talks with Ford Motor Co , even as a strike at General Motors Co is in its third week. The UAW agreed to extend contracts with Ford and Fiat Chrysler Automobiles NV as it focused first on GM. About 48,000 UAW members at GM went on strike on Sept. 16 seeking higher pay, greater job security, a bigger share of the leading U.S. automakers profit and protection of healthcare benefits. …read more […]

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Best Fast-Food Stocks for Profiting on the Munchies

Cannabis is facing a number of headwinds at the moment.
There’s the ongoing vaping crisis…
The glacial pace of mergers and acquisitions being greenlit by regulators…
And a whole host of other missteps by companies in Canada and the U.S.
For pot stock investors, it’s been a maelstrom of negative headlines. And all of this has helped trigger the longest bear market in the industry’s nascent history.
That’s why, today, I want to offer another way investors can tap into marijuana’s explosive growth… but with some added safety.
In fact, it’s a way to play marijuana legalization without actually owning any pot stocks.
New data shows that …read more […]

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UPDATE 1-Canada's Fortune Minerals scales back mine on weak cobalt prices

Canada’s Fortune Minerals Ltd said on Thursday it would shelve plans to upsize its early-stage cobalt mine in the country’s far north while it continues to hunt for a strategic partner. The company’s decision to scale back plans at its proposed Nico development in Canada’s Northwest Territories comes after cobalt prices, hit by oversupply, have fallen from $47,000 per tonne in January to around $35,470. London, Ontario-based Fortune Minerals said current prices do not justify expanding the daily mill production rate to 6,000 tonnes from 4,650 tonnes at its proposed Nico project, which would also produce gold and …read more […]

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Tesla sets delivery record, falls short of expectations

Shares of Tesla are sliding Thursday after record deliveries in the third quarter fell short of investors’ expectations. Despite delivering a record 97,000 vehicles globally, it fell short of CEO Elon Musk’s goal of 100,000. Yahoo FInance’s Adam Shapiro, Julie Hyman, Pras Subramanian and Dan Roberts discuss with Invesco Chief Global Market Strategist Kristina Hooper. …read more […]