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Benzinga's Bulls And Bears Of The Week: Amazon, Disney, Netflix And More

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week’s bullish calls included e-commerce and pharmaceutical giants. * The house that Warren Buffett built is featured among the bearish calls.The Dow Jones industrials and the S&P 500 ended last week with 3% or so gains, while the Nasdaq was up nearly 2%. It was a week when China moved to end Hong Kong’s autonomy and the U.S. president punished social media players for fact-checking him. Also, Disney and the New York Stock Exchange prepared for reopenings, 737 Max production …read more […]

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Infected workers, parts shortages slow auto factory restarts

The U.S. auto industry’s coronavirus comeback plan was pretty simple: restart factories gradually and push out trucks and other vehicles for waiting buyers in states left largely untouched by the virus outbreak. For some automakers, full production has been delayed, or it’s been herky-herky, with production lines stopping and starting due to infected workers or parts shortages from Mexico and elsewhere. Most automakers closed factories in mid-to-late March when workers began to get sick as the novel coronavirus spread. …read more […]

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How to Play Innovation in the Energy Sector

This afternoon, astronauts Douglas Hurley and Robert Behnken will get another chance to realize a four-year dream: piloting the first privately owned and crewed spaceship.
The Falcon 9, developed by Elon Musk’s SpaceX, is a testament to private companies’ commitment to snapping up the next great leap for mankind. (The Falcon 9 is scheduled for blastoff at 3:22 p.m. today, weather permitting.)
Musk is no stranger to fast-tracking tomorrow’s technology…
The entrepreneur has experimented with everything from renewable energy to networks that connect humans’ minds with machines.
However, innovation often comes at a price.
His company Tesla (Nasdaq: TSLA) is volatile, dropping $20 this week …read more […]

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Hedge Funds Aren’t Done Buying Shopify Inc (SHOP)

In this article we will take a look at whether hedge funds think Shopify Inc (NYSE:SHOP) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from […] …read more […]

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Hedge Funds Are Betting On Newmont Corporation (NEM)

In this article we will take a look at whether hedge funds think Newmont Corporation (NYSE:NEM) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from […] …read more […]

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KeyCorp (KEY): A Rare Banking Stock Hedge Funds Piling Into

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […] …read more […]

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Is NortonLifeLock Inc. (NLOK) A Good Stock To Buy?

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 […]

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JDE Peet’s IPO: Global Coffee Company to Offer Stock

A JDE Peet’s Coffee IPO is coming to the European market. News of the offering brought high investor demand. It’s possible the offering of Peet’s stock could be the biggest of the year, looking to raise $2.5 billion.
Peet’s Coffee is the second-largest packaged distributor in the world. But is it a good investment? Here’s what we know…
JDE Peet’s Coffee IPO: The Business

Alfred Peet founded Peet’s Coffee in 1966. The specialty coffee roaster and retailer is based in the San Francisco Bay Area. It’s now owned by JAB Holding Company, a privately held German company focusing on long-term investments. JAB also …read more […]

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Germany Reaches EU Deal On $9.9 Billion Lufthansa Bailout

(Bloomberg) — The German government settled a dispute with the European Commission over a 9 billion-euro ($9.9 billion) bailout of Deutsche Lufthansa AG, clearing the way for the carrier to accept the rescue package.After intensive talks, the commission and the German government agreed that Lufthansa will reduce the number of aircraft it keeps at Frankfurt and Munich airports. Lufthansa in a statement said it would surrender up to 24 takeoff and landing slots, making room for new competitors at each hub.The compromise wraps up a nail-biter of a week with Lufthansa’s future in the balance. Germany on Monday offered Lufthansa …read more […]

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Every Single Worker Has Covid at One U.S. Farm on Eve of Harvest

(Bloomberg) — One farm in Tennessee distributed Covid-19 tests to all of its workers after an employee came down with the virus. It turned out that every single one of its roughly 200 employees had been infected.In New Jersey, more than 50 workers had the virus at a farm in Gloucester County, adding to nearly 60 who fell ill in neighboring Salem County. Washington state’s Yakima County, an agricultural area that produces apples, cherries, pears and most of the nation’s hops, has the highest per capita infection rate of any county on the West Coast.The outbreaks underscore the latest pandemic …read more […]