The firm increased stakes in three holdings on its top 10 list for the fourth quarter.
Philippe Laffont’s Coatue moves away from China-related stocks in most recent quarter
Philippe Laffont’s Coatue Management was lessening its exposure to key Chinese e-commerce companies at the end of 2024.
Seth Klarman’s Baupost picks up a few value stocks, builds a large stake in one industrial name
The widely-followed hedge fund manager took a new stake in industrial distributor Ferguson Enterprises, worth nearly $200 million at the end of 2024.
Wells Fargo sees six key opportunities for fixed-income investors
Wells Fargo says investors should remain active and implement defensive and growth-oriented fixed-income strategies concurrently.
Coinbase just reported a blowout fourth quarter. Here’s what Wall Street is saying
Several analysts raised their price targets on Coinbase shares after the crypto exchange operator reported a blowout fourth quarter postmarket Thursday.
This casino stock is embarking on a bearish-to-bullish reversal, says Carter Worth
The chart analyst breaks down Penn Entertainment.
How to hedge if the resilient Nasdaq runs out of steam
Jeff Kilburg breaks down a risk reversal trade in the QQQs.
Why the ‘hotter-than-expected’ inflation reports this week weren’t that hot
Wall Street would normally be panicking after the two inflation reports we had this week. Yet, the major market averages are standing tall this week.
Nvidia discloses investments in China self-driving startup WeRide, sending shares up 90%
The artificial intelligence winner owned 1.7 million shares in WeRide for a stake worth about $25 million at the end of December, according to a new filing.
Airbnb gets an upgrade from Baird after the property rental giant posts strong earnings
This travel stock could be due for sizable gains over the next several months despite its recent underperformance, according to Baird.