Trading Ideas

DUBAI/ABU DHABI (Reuters) – Abu Dhabi Investment Authority (ADIA) is weighing an investment of at least $1 billion in the initial public offering (IPO) of Saudi Aramco, which is relying mainly on Saudi Arabian and Gulf investors to raise up to $25.6 billion, five sources familiar with the matter said. A final decision on the amount has yet to be taken and would need approval from ADIA’s board of directors, one of the sources said. ADIA, estimated to have assets of nearly $700 billion, is chaired by the president of the United Arab Emirates, Sheikh Khalifa bin Zayed …read more […]

British American Tobacco, the world’s no. 2 tobacco company by revenue, said on Wednesday a slowdown in the U.S. vaping market would result in slower growth in revenue from its “new categories” business that sells vaping products. The safety of vaping has been in the spotlight, with U.S. health officials reporting more than 2,000 cases of vaping-related lung illness and 47 deaths linked to its use in the country, leading to tighter regulatory scrutiny and individual state bans. This has led to a drop in demand for the devices, pushing the company to forecast revenue growth in its …read more […]

Q3 2019 Momo Inc Earnings Call …read more […]

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.British American Tobacco Plc, the maker of Lucky Strike cigarettes, lowered its growth outlook for full-year sales growth in smoking alternatives as health concerns and a U.S. regulatory crackdown on vaping weigh on e-cigarette revenue.Sales growth from the new product categories, which also included heated tobacco, will be in the lower end of BAT’s forecast range of 30% to 50%, the company said. In August BAT was guiding to the midpoint.Key InsightsA price war has been breaking out in the e-cigarette market …read more […]

British American Tobacco, the world’s no. 2 tobacco company by revenue, said on Wednesday it expects full-year group revenue to grow in the upper half of its 3-5% long-term target range. The maker of Lucky Strike and Dunhill cigarettes maintained its forecast for adjusted earnings per share growth in the high-single-digit range. The company, however, said it now expects revenue growth in its new categories – e-cigarettes, tobacco heating products and snuff- to be at the lower end of its 30-50% range, reflecting a slowdown in the U.S. vaping market. …read more […]

Today we are going to look at Siemens Aktiengesellschaft (ETR:SIE) to see whether it might be an attractive investment… …read more […]

Spot gold fell 0.2% to $1,458.69 per ounce by 0533 GMT. U.S. gold futures shed 0.1% to $1,458.40. Washington and Beijing are close to an agreement on the first phase of a trade deal, Trump said on Tuesday, after top negotiators from the two countries agreed to keep working on remaining issues. …read more […]

Tesla Inc has received 250,000 orders for its electric pickup truck unveiled five days ago, Chief Executive Officer Elon Musk suggested in a tweet on Tuesday. Musk has been promoting the Cybertruck on Twitter and cryptically tweeting out updates to the number of orders the company has received since the launch late Thursday. After more than 50 interaction on Twitter since the launch, he tweeted “250k” on Tuesday night in an apparent reference to the number of orders. …read more […]

We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds’ top 3 stock picks returned 39.1% this year and beat the S&P […] …read more […]

(Bloomberg) — A third Hong Kong stock in less than a week lost most of its value in a sudden one-day plunge, underscoring concern that the $5.2 trillion market has become a breeding ground for wild volatility.China First Capital Group, an investment company that focuses on financial and education services, plunged as much as 78% on Wednesday before trading was suspended. Virscend Education Co., which is partly owned by First Capital, also lost as much as 78% before paring its decline to 32%.Virscend suspects its shares were sold by First Capital because of a margin call, but has not verified …read more […]

Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don’t make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and a 20% drop in […] …read more […]

After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […] …read more […]

We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds’ top 3 stock picks returned 39.1% this year and beat the S&P […] …read more […]

(Bloomberg) — It’s been the one bright spot for banks and money managers in these dark times of sluggish growth, a $30 trillion treasure trove that has remained largely unregulated. That’s about to change.Officials in Brussels are trying to advance some of the most ambitious ideas how to police the market for green investments, one of the fastest growing areas in finance. With federal watchdogs in the U.S. mostly absent from the debate, the European Union efforts could end up as benchmarks for green finance around the world.“The EU does believe it is a global leader here and that it’s …read more […]

Russell Clark is dubbed as the “world’s most bearish hedge fund manager” because he is not only shorting the market, he is using leverage and shorting the market at the same time. Russell Clark’s Horseman Capital returned 7.5% in 2018 when the S&P 500 Index lost nearly 5%. We shared his December 2018 investor letter (you […] …read more […]