Tag Archives: Fund

Tesla’s ‘most important catalyst is the Cybertruck’: Fund manager Gary Black

Tesla’s ‘most important catalyst is the Cybertruck’: Fund manager Gary Black

Tesla (TSLA) stock is jumping for a second day as investors and analysts continue to break down what was revealed during Tesla’s Q4 earnings report. While Tesla beat on both the top and bottom lines, CEO Elon Musk’s comments during the conference call really piqued investors’ interest. One of the juiciest nuggets: Following price cuts in January of this year, Musk said the company had seen the “strongest orders year to date ever in our history.” Gary Black, noted Tesla investor and Future… Source link

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WWE stock falls after Saudi investment fund sale rumors denied

WWE stock falls after Saudi investment fund sale rumors denied

World Wrestling Entertainment (WWE) stock fell on Wednesday after briefly spiking amid a report that Saudi Arabia’s Public Investment Fund (PIF) fund was buying the company. A person familiar with the matter told Yahoo Finance it hasn’t sold itself to Saudi Arabia’s Public Investment Fund or another entity. Early reports on Wednesday, most prominently from DAZN’s Steven Muehlhausen, asserted that a deal to PIF was imminent. The original tweet was deleted. Matt Riddle enters the arena on a… Source link

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Ex-Google boss helps fund dozens of jobs in Biden’s administration

Ex-Google boss helps fund dozens of jobs in Biden’s administration

A 2017 report by the Inspector General for the National Science Foundation also found ethics concerns and recommended that the foundation “take corrective actions to strengthen controls over IPA conflicts of interests, including reassess controls to ensure staff do not have access to awards and proposals for which they are conflicted.” In a statement, FAS said that “we have strict policies in place to ensure the integrity and independence of the process by mandating a firewall between… Source link

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Energy stocks are ‘still cheap’ by most metrics: Fund manager

Energy stocks are ‘still cheap’ by most metrics: Fund manager

Energy stocks have room to go higher, even after a wild run this year, says one strategist. “They’re still cheap if you look at it on most metrics,” Tortoise portfolio manager Rob Thummel told Yahoo Finance Live this week. “The market is really rewarding companies that have positive earnings and free cash flow. That’s what this sector has,” said Thummel,” I still think there’s room for it to continue, even if oil prices stay the same, or even if they fall a little bit.” Thummel says… Source link

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Binance’s crypto recovery fund grows to $2 billion

Binance’s crypto recovery fund grows to $2 billion

Early Friday morning, Binance CEO Changpeng Zhao said the company committed another $1 billion to its “relief fund” aimed at helping troubled businesses in the crypto industry. Binance’s efforts have been accelerated in the wake of FTX’s collapse earlier this month, which resulted in the company, once valued at $32 billion, filing for bankruptcy protection and leaving the crypto industry frozen in its wake. Earlier this month, Binance walked away from a purported deal to buy FTX. Binance’s… Source link

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Team behind Sam Bankman-Fried’s philanthropy FTX Future Fund quit

Team behind Sam Bankman-Fried’s philanthropy FTX Future Fund quit

The entire team behind the FTX Future Fund, the Sam Bankman-Fried philanthropy, has resigned in the wake of FTX’s unraveling, leaving many grants unfunded. “We are now unable to perform our work or process grants, and we have fundamental questions about the legitimacy and integrity of the business operations that were funding the FTX Foundation and the Future Fund,” the team wrote in an open letter published online Thursday. “As a result, we resigned earlier today.” The FTX Future… Source link

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Goldman Says Sell S&P 500 Calls to Fund Bullish China View

Goldman Says Sell S&P 500 Calls to Fund Bullish China View

(Bloomberg) — Goldman Sachs Group Inc. said investors should sell S&P 500 Index calls and fund buying of the same options on the Hang Seng China Enterprises Index to position for a likely catch-up in battered China-related assets. Most Read from Bloomberg “Sentiment on China-exposed assets has remained subdued this year and did not mirror the risk appetite rebound during the summer,” undershooting a measure of investor mood for global growth, strategists including Christian… Source link

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