Is Marathon Petroleum Corp (NYSE:MPC) 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 […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]
Is General Motors Company (NYSE:GM) 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 […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […] …read more […]
The Trump administration’s plan to cancel the Public Service Loan Forgiveness Program (PSLF) aimed at helping public service workers would be “devastating” to many, one expert said. …read more […]
The coronavirus is dragging the economy but privately-owned Purell, maker of the famous hand sanitizer, is one company that appears to be benefitting from the outbreak. …read more […]
The Warner Music Group IPO is highly anticipated by investors. It’s the world’s third-largest music recording label and estimated to bring in $1 billion in its public debut.
But now the company has put the IPO on delay. Warner Music hasn’t publicly announced it and declined to provide any comments to news sources. Here’s what we know…
Warner Music Group IPO Summary
Warner Music filed a Form S-1 with the Securities and Exchange Commission. Unlike many 2019 IPOs, Warner Music is a profitable company, and its profits have increased year over year. While the company faces rising industry costs, its increase in revenue …read more […]
(Bloomberg) — Saudi Arabian authorities detained a brother and a nephew of Saudi King Salman Bin Abdulaziz Al Saud on accusations of treason, according to a person familiar with the matter — in another of a series of crackdowns on royal relatives by Crown Prince Mohammed bin Salman, the heir to the throne.Former Crown Prince Mohammed bin Nayef, who was previously in line to be king before being sidelined, and Prince Ahmed bin Abdulaziz Al Saud — a brother of the current king — were arrested on Friday, the person familiar with the matter said. Mohammed bin Nayef’s brother, Nawaf, …read more […]
(Bloomberg) — Saudi Aramco’s stock risks dropping below the initial public offering price on Sunday when trading resumes in Riyadh after OPEC+ talks ended in failure and oil prices collapsed.Shares in the world’s biggest oil producer have largely defied gravity since they were listed in December, not falling below the initial public offering price of 32 riyals ($8.53) even as the coronavirus led to a 30% slump in crude prices since the start of the year. Aramco’s stock has only slipped about 6% in 2020 to close at 33 riyals on Thursday, the last trading day of the week. The …read more […]
(Bloomberg) — While U.S. investors are grappling with a violent sell-off as the coronavirus spreads, their Chinese counterparts at the heart of the outbreak are back to making decent money again.China’s swift and strict measures to contain the virus, optimism over fiscal and monetary stimulus, and relatively reasonable valuations are among the key reasons for the recent relative rebound, according to market participants. Perhaps more importantly, China investors have already gone through the panic stage that their U.S. counterparts are experiencing now, they said.A gauge of Chinese stocks in Shanghai and Shenzhen just posted its best week in a year …read more […]
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