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U.S., China phase one deal ‘done’: Robert Lighthizer

The top trade negotiator for the U.S., Robert Lighthizer, is praising the ‘phase one’ trade deal with China that is expected to nearly double U.S. exports to China in the next two years. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss with Citi Global Economist Cesar Rojas and Stratfor SVP of Strategic Analysis Rodger Baker. …read more […]

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Intel buys AI startup Habana Labs for $2 billion

As PC sales have stagnated, Intel has increasingly been depending on its sales to data centers, which provide behind-the-scenes computing power for mobile and web-based apps. “More specifically, Habana turbo-charges our AI offerings for the data center with a high-performance training processor family and a standards-based programing environment to address evolving AI workloads,” Navin Shenoy, general manager of Intel’s data platforms group, said in a statement. …read more […]

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Boeing suppliers bracing for temporary halt in 737 MAX output

WASHINGTON/PARIS (Reuters) – Boeing suppliers, customers and financiers braced on Monday for a possible freeze in Boeing 737 production for the first time in more than 20 years as the grounding of the best-selling MAX looks set to last well into the New Year. Two suppliers told Reuters Boeing was likely to halt assembly of the jet for the time being, though some suppliers could be asked to keep producing to minimize disruption. Boeing’s board was due to meet for a second day in Chicago on Monday to assess output decisions, with an announcement expected later in …read more […]

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Travis Kalanick Is Getting Out of His Uber Holdings Uber Quickly

(Bloomberg) — Forget Black Friday or Cyber Monday. Travis Kalanick is having the sale of the century.The Uber Technologies Inc. co-founder unloaded $350 million more of stock this month, bringing his proceeds to more than $2.1 billion since a share lockup ended Nov. 6.The 43-year-old’s remaining stake in the ride-hailing company now constitutes about a fifth of his $3 billion fortune, according to the Bloomberg Billionaires Index, down from about 75% before the lockup.Co-founder Garrett Camp also has reduced his stake, though not on the scale of Kalanick. He’s sold about $35 million of shares, a fraction of his $2.1 …read more […]

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Here is What Hedge Funds Think About Quad/Graphics, Inc. (QUAD)

As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the third quarter. We get to see hedge funds’ thoughts towards the market and […] …read more […]

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Is Senseonics Holdings, Inc. (SENS) Going to Burn These Hedge Funds?

The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the third quarter, which unveil their equity positions as of September 30. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […] …read more […]

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Did Hedge Funds Drop The Ball On Silvercorp Metals Inc. (SVM) ?

We can judge whether Silvercorp Metals Inc. (NYSE:SVM) 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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Is TETRA Technologies, Inc. (TTI) Going to Burn These Hedge Funds?

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]

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Is British American Tobacco plc (BTI) A Good Stock To Buy?

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]