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Hedge Funds Started Dumping Bank of America (BAC) Even Before Coronavirus

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 […]

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HPE, AMD win deal for U.S. supercomputer to model nuclear weapons

The computer, dubbed El Capitan after the famous rock face in California’s Sierra Nevada mountains, will be housed at the Lawrence Livermore National Laboratory. It will also be used by the nation’s other two national nuclear labs, Sandia National Laboratories and Los Alamos National Laboratory. …read more […]

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Hedge Funds Have Never Been This Bullish On Uber Technologies, Inc. (UBER)

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 […]

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“This is not a normal environment because everything feels like it could erupt into a panic”: Fundstrat’s Tom Lee

Tom Lee – Fundstrat Global Advisors Managing Partner & Head of Research told Yahoo Finance that current market volatility, in the shadow of the coronavirus epidemic, is not the norm for markets. …read more […]

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CORONAVIRUS LATEST: LA declares emergency with new cases reported, Miami resident gets huge medical bill after virus scare

The Los Angeles area is in ’emergency’ mode after 6 new cases reported in the area. This as reports of a Miami resident stuck with a $3,200 medical bill after being tested for the virus and finding out he didn’t have it. …read more […]

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Shortage of Chinese parts caused $50 billion fall in February's global exports: U.N.

China’s exports of vital parts and components for products ranging from automobiles to cellphones are estimated to have shrunk by an annualized 2% in February, costing other countries and their industries $50 billion, a United Nations agency said on Wednesday. The world’s second-largest economy – and epicenter of the coronavirus outbreak that has spread to 75 nations – accounts for a fifth of global trade in intermediate products. “There is a ripple effect throughout the global economy to the tune of a $50 billion fall in exports across the world,” Pamela Coke-Hamilton, director of UNCTAD’s division of international …read more […]

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Hedge Funds Have Never Been This Bullish On Berkshire Hathaway (BRK.B)

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). If Warren Buffett catches the virus, his probability of death is 5.6%. […] …read more […]

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Hedge Funds Have Never Been This Bullish On The Walt Disney Company (DIS)

Is The Walt Disney Company (NYSE:DIS) a good equity to bet on right now? We know coronavirus is probably the 1 concern in your mind right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is actually a 3.3% probability that president Donald Trump will die from the new […] …read more […]