The big shareholder groups in Yandex N.V. (NASDAQ:YNDX) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Warren Buffett said that he likes “a business with enduring competitive advantages that is run by able and owner-oriented people.” So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented. With a market capitalization of US$24b, Yandex is rather… Source link
Read More »Retail investors replaced hedge funds as ‘the 800-pound gorilla in the room,’ former NYSE trader says
Retail investors have upended conventional market dynamics in 2021, showing institutional investors and hedge funds that they are a force to contend with. “The one dynamic that will change is, I think, big institutionally-driven hedge fund players will not get out over their skis the way that Archegos did,” Keith Bliss, a former NYSE trader and president of Capital2Market, told Yahoo Finance (video above). “But what the instructive part of that whole episode was that these bigger… Source link
Read More »Robinhood IPO is ‘effectively selling investors on exploiting other investors,’ New Constructs CEO argues
As Robinhood (HOOD) prepares for its IPO on July 29 in a bid for a $35 billion valuation, some analysts warn that the company’s business model — specifically its reliance on payment for order flow (PFOF) — is an unseemly practice that won’t last. “This IPO is effectively selling investors on exploiting other investors,” David Trainer, CEO of New Constructs, said on Yahoo Finance Live (video above). “The whole payment-for-order-flow business model is probably not going to be long for… Source link
Read More »Stock futures extend losses as investors digest tech earnings, await Fed
Stock futures added to losses in late trading on Tuesday, with investors digesting a slew of Big Tech earnings results and looking ahead to another set of reports on Wednesday. A monetary policy statement from the Federal Reserve is also slated for release. Contracts on the S&P 500 dipped about 0.25% at the start of the overnight session. The index, as well as the Dow and Nasdaq, pulled back from record levels during the regular trading day. Shares of Apple (AAPL) and Microsoft (MSFT) fell… Source link
Read More »Stock futures drift sideways as investors await tech earnings
Stock futures opened little changed Monday evening on the heels of another record-setting session, with investors looking ahead to the start of earnings results from mega-cap technology companies on Tuesday. Contracts on the S&P 500 drifted after the blue-chip index eked out a record closing and intraday high during the regular trading day. The Dow and Nasdaq also closed at records and moved sideways in late trading. On Tuesday, investors are set to receive quarterly earnings results from… Source link
Read More »ESG investing is booming, and investors are ‘winging it when it comes to research’
Interest in environmental, social, and governance (ESG) investing has taken off, and there’s no sign it’s slowing down. And yet, when it comes to choosing assets that align with their values, investors are still relying heavily on brand perception rather than companies’ policies on ESG-related issues. A recent survey conducted by Investopedia and TreeHugger asked respondents to choose stocks that they thought performed best by ESG standards. Surprisingly, many of the top picks were middling… Source link
Read More »Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / July 25, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you. ATHA Shareholders Click Here: Source link
Read More »Retail investors bought the dip yet again
The S&P 500 swooned briefly this week, falling around 2.5% on July 19, before recovering through Friday. During that brief time, scores of retail investors trained by the mantra “buy the dip” did just that. So what happened? DataTrek’s Nicholas Colas hypothesized that the retail investor behavior we’ve seen play out over the past 18 months likely recurred. Searches for “Dow Jones” spiked during Monday’s market dip, Colas pointed out, and a note from Goldman Sachs indicated… Source link
Read More »Bitcoin Drops as Investors Buy $22K and $20K Puts
Bitcoin is falling a day after the options market saw increased demand for out-of-the-money or lower strike put options at $22,000 and $20,000. The leading cryptocurrency was trading at a three-week low of $30,700 at press time, representing a 3.5% drop on the day. The decline has flipped the crucial 50-week simple moving average (SMA) support of $32,250 into resistance. On Sunday, 500 contracts of the $22,000 put option expiring on Dec. 31 changed hands via the institution-focused… Source link
Read More »Investors are not pumped for Mark Wahlberg-backed fitness chain
F45 Training (FXLV), the fitness franchise backed by actor Mark Wahlberg, got a workout in its Wall Street debut on July 15. Shares of the Austin, Texas-based company rose as much as 11%, then briefly fell below the offer price of $16 a share, before closing up 1.3% to $16.20. In an interview with Yahoo Finance Live, Founder and CEO Adam Gilchrist compared F45’s IPO to that of another franchise fitness chain, Planet Fitness (PLNT). “We wanted to obviously be in a position to replicate the… Source link
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