President-elect Donald Trump’s victory could boost merger and acquisition activity, and Bank of America thinks some small-cap stocks may benefit.
Category: Uncategorized
Friday’s big stock stories: What’s likely to move the market in the next trading session
Stocks slid on Thursday as Fed Chair Jerome Powell signaled that policymakers don’t need to be in a hurry to cut rates. Here’s what’s on CNBC’s radar Friday.
Bill Ackman’s Pershing Square doubles down on Nike and one name tied to data centers
The high-profile investor boosted his investment in Nike drastically in the third quarter, making the bet worth $1.4 billion, according to a regulatory filing.
Third Point slashes key megacap tech holdings, but snatches up shares of this Magnificent 7 name
Third Point cut and dissolved its stakes in some key megacap technology holdings, while opening a fresh position in this Magnificent Seven name.
David Tepper’s Appaloosa loaded up on Temu parent PDD Holdings during third quarter
Tepper told CNBC in September he had bought “everything” tied to China after stepped-up stimulus measures there, and the Federal Reserve’s half-point rate cut.
Philippe Laffont’s Coatue makes big bets on China and GLP-1 drugmakers in latest quarter
Laffont is a tech-focused investor and one of the “Tiger Cub” fund managers who worked under the late Julian Robertson at Tiger Management.
Warren Buffett’s Berkshire Hathaway takes a stake in Domino’s Pizza
The Omaha-based conglomerate bought more than 1.2 million shares of the pizza chain for a stake worth about $550 million at the end of September.
Keep buying the ‘Trump trades’ through inauguration, Societe Generale says
Although “Trump trade” names have popped in the week following President-elect Donald Trump’s victory, Societe Generale thinks the trend has more room to run.
Sundheim’s D1 Capital adds new stakes in GE Healthcare, Bank of America
D1 also closed out of several large positions, including GE Vernova, Pfizer and Nu Holdings.
‘Big Short’ investor Michael Burry reshuffles portfolio, adds hedges on China holdings
Burry, who now manages hedge fund Scion Asset Management, boosted his stakes in a few Chinese internet companies’ ADRs.