The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]...
Chipmakers are running a close race as they strive to capitalize on the tech opportunity created by the coronavirus pandemic.Against this backdrop, Intel Corporation (NASDAQ: INTC) announced a key executive departure, and the development is seen as a positive for rivals such as Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (NASDAQ: NVDA).What Happened: Intel announced Thursday that Jim Keller, who served as senior vice president in the Technology, Systems Architecture and Client Group and general manager of the Silicon Engineering Group resigned effective June 11, citing personal reasons.The chip designer had previously worked with AMD, Apple Inc. (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA), according to his bio on Intel's website.At Tesla, which Keller left for Intel, he was vice president of Autopilot Hardware Engineering.Why It Matters: Keller's departure is a big deal, and apparently whatever he was enacting at Intel was not working -- or the old Intel...
Stock markets saw spectacular drop yesterday, as rising hospitalizations in states such as Texas and Arizona promoted fears that an uptick in coronavirus cases could cause more economic damage. It’s a clear sign that traders are not going to be easily reassured in the current crisis. Yet, according to J.P. Morgan strategist Nikolaos Panigirtzoglou there's a light at the end of the tunnel. Panigirtzoglou argues that the massive amount of cash currently in the financial system could be the spark that pushes risk assets higher, noting that billions could be pumped into equities. This potential, however, could come at the expense of bonds as portfolios are rebalanced.To support this stance, the strategist cited the fact that $1.2 trillion have been put into money-market funds, with fund managers holding on to cash, $591 billion overall, like never before, based on data reported by Bank of America. This means that investors can still...
In this article you are going to find out whether hedge funds think China Unicom (Hong Kong) Limited (NYSE:CHU) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the […]...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]...
(Bloomberg) -- Sasol Ltd. has received offers from firms including Ineos Group Ltd. for a large stake in a U.S. chemical complex it is selling to shore up its finances, according to people familiar with the matter.Chevron Phillips Chemical Co. and LyondellBasell Industries NV are also among those moving into a second round of bidding for a slice of the Lake Charles project in Louisiana, the people said, asking not to be identified as the matter is private. The stake could fetch more than $2 billion, according to the people.“Our expanded asset disposal process has yielded good interest by strong contenders for a number of our assets,” a spokesman for Sasol said.Representatives for LyondellBasell and Chevron Phillips declined to comment. A representative for Ineos was not immediately available for comment.The sale highlights South Africa-based Sasol’s need for cash as it struggles with debt taken on to develop the Lake Charles site,...
