The hedge fund boosted its stake in Amazon by 47% in the first quarter, making the e-commerce giant its largest equity holding at the end of March.
The stock market rally can keep going despite Friday’s pullback. How to stay long while hedging slightly
Jeff Kilburg breaks down this put spread options strategy.
Too far, too fast? Stocks like Micron are very stretched compared to historical trading patterns
CNBC Pro screened the S&P 500 for stocks trading the furthest above or below their 200-day moving averages, relative to their own historical trading patterns.
Nvidia’s trillion-dollar run puts pressure on the bulls
Nvidia’s market cap is now just shy of $5.7 trillion, up from $4.7 trillion as of market close last Tuesday.
Cisco just had a massive rally. HSBC says the stock still has momentum
Cisco is showing no signs of losing steam following its blowout fiscal third-quarter earnings report, according to HSBC.
This steakhouse chain is a buy as restaurant traffic rises and beef prices fall, RBC says
The bank upgraded the restaurant chain to outperform from sector perform.
Bill Ackman built Microsoft stake in first quarter during selloff, betting on AI and cloud growth
Bill Ackman’s Pershing Square Capital Management has built a position in Microsoft, the billionaire hedge fund manager said Friday in a post on X.
This trucking stock has lagged of late. Citi thinks a rebound is coming
The bank upgraded the transport stock to buy from neutral.
Friday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 posted its first close above 7,500 on Thursday. The Dow Industrials recaptured the 50,000 level, aided by a surge in Cisco shares.
Gemini surges after Winklevoss Capital Fund invests $100 million in the crypto exchange
The company also topped revenue expectations for the quarter and posted a narrower-than-expected loss than analysts anticipated, according to FactSet.