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Signs Point To Retail Investors Taking Over Bitcoin Momentum: CoinDesk
Institutional investors have been driving the surge in demand for bitcoin and fueling the price increase for months. However, it’s starting to look like retail investors are taking back over, according to research from CoinDesk. Q1 2021 hedge fund letters, conferences and more That could mean the stability in the rising bitcoin price could be coming to […]
Tesla upgraded to Buy with new price target of $1,071
Tesla Inc (NASDAQ:TSLA) has received an upgrade and price target increase for its exposure to the energy storage business. Canaccord Genuity analyst Jed Dorsheimer upgraded the stock to Buy and raised his price target to $1,071. Q1 2021 hedge fund letters, conferences and more Tesla Upgraded The new price target is based on 62 times […]
Ride-sharing firm Grab agrees to go public through SPAC merger
Ride-sharing firm Grab has announced it will go public through a SPAC merger with Altimeter Growth Corp (NASDAQ:AGC). The record-setting deal values Grab at $39.6 billion, making it the biggest SPAC merger so far. Q1 2021 hedge fund letters, conferences and more Grab agrees to largest SPAC merger to date After the transaction closes, the […]
Investing in the auto market but worried about the chip shortage? Check this hedge
Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM) have been forced to cut back on production further due to the widespread chip shortage. The auto market would normally do well in an economic recovery, but the chip shortage means investors might have to get a little creative to tap into the market. Q1 2021 […]
It Looks Like Amazon Has Beaten Back The Union
The final tally on whether to unionize an Amazon Inc (NASDAQ:AMZN) warehouse in Alabama isn't expected until later today, but it looks like the push will be overwhelmingly defeated. The National Labor Relations Board counted almost half the ballots by 4 p.m. Pacific and found that the number of votes against organizing outnumbered those in […]
Amazon Contests Hundreds Of Ballots In Union Vote
Amazon Inc (NASDAQ:AMZN) has reportedly contested hundreds of ballots in the vote about whether to unionize its Bessemer, Ala. warehouse. Officials are set to start counting those ballots publicly this afternoon or Friday morning. Q1 2021 hedge fund letters, conferences and more Union Drive Sees 55% Voter Turnout According to CNBC, the Retail, Wholesale and […]
JPMorgan Chase CEO Jamie Dimon Has A Warning For The U.S.
JPMorgan Chase & Co. (NYSE:JPM) Chairman and CEO Jamie Dimon believes the economic recovery after the pandemic will last at least a few years. He also warned that “inept” public policy and government dysfunction are causing many serious symptoms. [soros] Q1 2021 hedge fund letters, conferences and more Further, he said there was “some froth […]
What a new plan for GSE reform could mean for borrowers
There’s been a lot of talk about getting Fannie Mae and Freddie Mac out of conservatorship, although that could change now that President Joe Biden is in the White House. However, Biden’s presidency does not necessarily mean that reform for the government-sponsored enterprises is entirely out of the cards. Q1 2021 hedge fund letters, conferences […]
Amazon CEO Jeff Bezos Supports Corporate Tax Hike
Amazon Inc (NASDAQ:AMZN) CEO Jeff Bezos supports raising taxes on corporations, but it seems he might not support the entire infrastructure bill that includes the tax hike. In a statement, Bezos said Amazon supports "the Biden Administration's focus on making bold investments in American infrastructure." Q1 2021 hedge fund letters, conferences and more However, he […]
Small Businesses Push Back Against Amazon On Antitrust Issues
A national coalition of small businesses is calling for stronger antitrust measures in a pushback against Amazon Inc (NASDAQ:AMZN). If the group successfully pushes through the measures, they could force the company to spin off some of its businesses. [soros] Q1 2021 hedge fund letters, conferences and more Small businesses target Amazon According to The […]
Should You Buy A House Right Now Or Wait A While?
The housing market was off and running last year despite the pandemic as interest rates were cut close to zero. However, some of the conditions that made it such a great move to buy a house in 2020 have begun to change. So is it still a good time to buy a house? You might […]
Does A Gold IRA Make Sense For Precious Metals Bulls?
A gold IRA is an individual retirement account that holds physical gold. You can also get IRAs that hold other precious metals in addition to gold, including silver, platinum and palladium, but do gold IRAs make good investments? A lot of factors are involved in answering that question. Q4 2020 hedge fund letters, conferences and […]
More than 500m Facebook users’ data has been leaked… again
Facebook Inc (NASDAQ:FB) is at the center of another hacking incident, and this time, they stole the personal data of more than 533 million users. The hackers posted the information in a low-level hacking forum, according to Insider. Q4 2020 hedge fund letters, conferences and more Facebook users’ data posted on hacking forum The information […]
Tesla Stock Jumps After First-Quarter Delivery Beat
Tesla Inc (NASDAQ:TSLA) stock jumped in premarket trading after the automaker reported better-than-expected delivery numbers for the first quarter. The company reported on Friday that it delivered 184,800 vehicles and produced 180,338 Model 3s and Model Ys during the quarter. Analysts had been expecting only 168,000 deliveries, according to FactSet. Q4 2020 hedge fund letters, […]
Mark Cuban sees bitcoin as better than gold, likes Ethereum
Billionaire investor Mark Cuban remains bullish on the future of bitcoin and other cryptocurrencies, often comparing blockchain technology to the internet’s earliest days. He discussed his cryptocurrency portfolio on a recent episode of The Delphi Podcast. Q4 2020 hedge fund letters, conferences and more Currently, Cuban’s cryptocurrency portfolio consists of 60% bitcoin and 30% Ethereum. […]