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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.

Author Posted on November 14, 2024Categories Uncategorized

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.

Author Posted on November 14, 2024Categories Uncategorized

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.

Author Posted on November 14, 2024Categories Uncategorized

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.

Author Posted on November 14, 2024Categories Uncategorized

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.

Author Posted on November 14, 2024Categories Uncategorized

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.

Author Posted on November 14, 2024Categories Uncategorized

‘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.

Author Posted on November 14, 2024Categories Uncategorized

These mutual funds are about to drop a tax surprise in investors’ portfolios. How to prepare

Capital gains distribution season is upon us. Here’s how investors can get ready for it.

Author Posted on November 14, 2024Categories Uncategorized

Buying opportunity or time to bail? What to do with gold following the postelection selloff

David Keller breaks down the charts on gold.

Author Posted on November 14, 2024Categories Uncategorized

JPMorgan loves Netflix, predicts Tyson-Paul fight could be most-watched boxing match ever

Friday could be a big day for Netflix, according to JPMorgan.

Author Posted on November 14, 2024Categories Uncategorized

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RSS MarketWatch: Stock Market News

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