Tag Archives: Investors

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

The Special Purpose Acquisition Company (SPAC) juggernaut storms into 2021 raising more than $45 billion with no sign of slowing down. “The front end of these SPACs is exploding. January, February will be the biggest months ever for those front end SPACs,” JMP Securities CEO Mark Lehmann told Yahoo Finance Live. “I just caution the overall public, this GameStop fever, unfortunately will probably bleed a little into the SPACS.” Lehmann said investors can find great opportunities in SPACs, as… Source link

One month after GameStop (GME) shares surged to record levels due to Reddit-fueled trading, Wall Street, online brokerage Robinhood and Reddit are facing probes by the Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC) and both chambers of Congress. During GameStop’s two-week meteoric rise, the S&P 500 dropped a whopping 5% from peak to trough. Wall Street felt the full brunt of the chaos. Hedge funds endured a gut-wrenching de-risking event comparable to the global… Source link

The ability to put just a few extra bucks into stocks. A pandemic panic that drove stock prices way down for many companies that have a future ahead. Easy to use apps. And throw in a little extra cash via government stimulus checks and some extra time when major league sports teams stopped playing during the pandemic, you couldn’t see a movie at a theater and college graduates started working remotely back home. All of those factors contributed to growth among new investors in 2020. Sure, many… Source link

Over the past few years, Google owner Alphabet’s stock had lagged compared to the stellar rise of big techs like the other FAANG members and Microsoft. That’s finally starting to change. But investors might be overlooking one major problem: potential regulatory risk. Alphabet is trading near an all-time high, thanks to strong digital advertising and booming demand for its Google Cloud services. The stock has outperformed most of the other big techs during the past six months,… Source link

Monday, February 1, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe The GameStop saga is somewhere between a low and high risk event The massive surge in GameStop (GME) shares, the role of the r/wallstreetbets community, and everything else connected to the ongoing ordeal has attracted attention from Wall Street to Main Street and everyone in between. Regulators and even celebrities are chiming in. The story is dominating headlines as it… Source link

Benzinga The Upcoming Catalyst That Could Move Chinese EV Stocks Nio, Xpeng, Li Auto Chinese electric vehicle stocks have seen some moderation in momentum in recent sessions. One upcoming catalyst could lift the stocks out of this lackluster phase: the January delivery numbers that are due next week. Finding The Sweet Spot In China’s EV Market: China is a hot EV market, both from the perspective of the addressable market opportunity and supply. “China is a greenfield EV market opportunity for… Source link

The Canadian Press Brokerages limit trading in GameStop, sparking outcry Robinhood and other retail brokerages are taking steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility in the market and an outcry from users of the platforms and some members of Congress who say small investors are being treated unfairly. GameStop stock has rocketed from below $20 earlier this month to close around $350 Wednesday as a volunteer army… Source link

Gamestop shop It’s a battle between Wall Street pros and upstart investors using social media platforms like Reddit. And at the moment, the upstarts have the upper hand. At the centre of the tussle is a US video games bricks and mortar retailer called Gamestop, arguably something of a relic in a world moving online. Shares in the business rocketed again on Wednesday, up 116% at the start of trading in New York. That’s on top of a 92% jump on Tuesday, and takes gains in the last week well above… Source link

Wednesday, January 27, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe As markets hit a record high, investors sell billions in stock. There is… a lot going on in the stock market. GameStop (GME) continued its unlikely surge on Tuesday, with shares gaining 91% during the session as Redditors continue to pressure short sellers and — now, apparently — big hedge funds. Heavily shorted names across the market also rallied on Tuesday,… Source link