Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]...
Following his appearance before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell will testify before the House Financial Services Committee Wednesday....
Fuel economy may not be top-of-mind for some regional fleets because of the higher priorities placed on servicing the application. However, technologies exist that can improve fuel efficiency in almost every instance. ...
Beyond Meat (BYND) has been one of 2020’s star performers. A sparkling recent earnings report, and several promising international deals have acted as catalysts for the stock’s outstanding performance. To wit, shares have increased by 100% since the turn of the year.The company’s CEO Ethan Brown recently presented at William Blair’s 40th Annual Growth Stock Conference and firm analyst Jon Andersen was there to get the lowdown.In a challenging macro environment, Beyond’s products appear to be holding up well.For the four-week period leading up to May 17, the company’s sales grew by 134%, compared to the overall plant-based category’s also rather impressive 64% uptick.In the same period, BYND held the top four best-selling SKUs (stock keeping units) in all of plant-based meat, while market share increased to 19% (or 560 basis points).In the summer, the company will expand its product line, when it will introduce value packs with 10 plant-based patties costing half...
(Bloomberg) -- Oracle Corp. projected stagnant revenue in the current quarter, signaling the company may not see a revival of new license sales after clients in the hospitality and retail industries delayed software purchases amid the coronavirus pandemic.Sales will be in a range of a 1% gain to a 1% decline year-over-year in the period ending in August, Chief Executive Officer Safra Catz said Tuesday in a conference call. The midpoint of no revenue growth matched analysts’ estimates, according to data compiled by Bloomberg. Excluding some items, profit will be 84 cents to 88 cents a share, with the midpoint again in line with analysts’ projections.Catz and Executive Chairman Larry Ellison have sought to renew growth at Oracle, the world’s second-biggest software maker, which has expanded to cloud applications, servers and public cloud services. The shift to internet-based computing caught the 43-year-old tech giant off guard and it’s still struggling to...
The last five years have been one unstoppable ride to the summit for chipmaker Advanced Micro Devices (AMD). Simultaneously closing the gap between its traditionally bigger rivals, Intel and Nvidia, and itself, the CPU/GPU maker is now most definitely a force to be reckoned with.Following an investor call with the company, Nomura analyst David Wong sees no reason to change tack when considering AMD as an investment.The 5-star analyst has a Buy rating on AMD shares to go along with a $64 price target. The implication for investors? Potential upside of 18% from current levels. (To watch Wong’s track record, click here)Behind AMD’s growth has been an exemplary roadmap. Still to come in 2020 is the launch of the highly anticipated Milan data center CPU, the third generation EPYC processor. Add to that the release of a new data center GPU “optimized on CDMA data center optimized architecture,” a new consumer GPU (Big Navi...
