Stock Pick

Category: Stock Market

  • Boeing job cuts start to hit 12,000 US workers

    Boeing job cuts start to hit 12,000 US workersA drop in travel due to the pandemic worsened the situation for the company, which was already in crisis.

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  • Should You Buy AT&T Inc. (T)?

    Should You Buy AT&T Inc. (T)?In this article we will take a look at whether hedge funds think AT&T Inc. (NYSE:T) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from […]

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  • Watch Jay Leno and Elon Musk Take the Tesla Cybertruck for a Spin in Los Angeles

    Watch Jay Leno and Elon Musk Take the Tesla Cybertruck for a Spin in Los AngelesLeno is one of the first people outside Tesla to try it out.

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  • Exclusive: Chevron sees up to 15% reduction in positions – memo

    Exclusive: Chevron sees up to 15% reduction in positions - memoChevron did not immediately respond to a request for comment. The oil producer has announced spending cuts to cope with an unprecedented fall in oil prices and a slump in demand due to the COVID-19 pandemic. In March, Chevron began offering severance payments to its U.S. oil exploration and production employees if they chose to leave the company.

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  • Hedge Funds Dumped Marathon Petroleum Corp (MPC) During The Crash

    Hedge Funds Dumped Marathon Petroleum Corp (MPC) During The CrashWe at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]

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  • Lufthansa board rejects EU conditions on $10 billion bailout

    Lufthansa board rejects EU conditions on $10 billion bailoutLufthansa’s $10 billion government bailout was thrown into doubt on Wednesday after the German airline’s supervisory board refused to accept the conditions attached by Brussels. The board, which had been expected to sign off on the aid, instead refused EU requirements that Lufthansa permanently give up take-off and landing slots at Frankfurt and Munich airports, where it commands a two-thirds market share. The bailout plan nevertheless remains “the only viable alternative” to insolvency, Lufthansa said, and negotiations will continue over EU demands that would “lead to a weakening” of its airport hubs as well as its ability to repay loans.

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  • Is Village Farms International, Inc. (VFF) Going to Burn These Hedge Funds?

    Is Village Farms International, Inc. (VFF) Going to Burn These Hedge Funds?Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]

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  • Tesla’s Price Cuts Signal Demand Is Weaker Than Shares Suggest

    Tesla’s Price Cuts Signal Demand Is Weaker Than Shares Suggest(Bloomberg) — Tesla Inc.’s overnight price cuts suggest the coronavirus is putting a bigger damper on demand than has been reflected in the electric-car maker’s share price, two analysts said.The $5,000 reductions for the Model S and X and $2,000 cut for the Model 3 were an “acknowledgment that Tesla isn’t immune to material North American demand weakness,” Craig Irwin, an analyst at Roth Capital Partners, said in a report Wednesday.“With the stock trading in the stratosphere,” Roth wrote, “the key question is, ‘Can Tesla continue to deliver an interesting growth rate in the U.S.?’”Credit Suisse’s Dan Levy said the discounts change the narrative around the company’s volume this quarter. Prior to the price cuts, investors were concerned that demand would be limited by tight inventory. The company shut down production at its lone U.S. auto plant on March 23 and rushed to reopen the facility — initially without local authorities’ permission — in mid May.Tesla shares slumped as much as 4.1% and were down 2.3% to $800 as of 11:30 a.m. in New York. The stock has soared more than 90% this year.Read more: Costly Electric Vehicles Confront a Harsh Coronavirus RealityFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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  • More companies will file for chapter 11 in the near future: Gordian Group President

    More companies will file for chapter 11 in the near future: Gordian Group PresidentThe coronavirus hit retailers hard, causing businesses to file for bankruptcy across the world. Peter Kaufman, Gordian Group President joins Yahoo Finance’s On The Move panel to weigh in on the differences between chapter 7 and chapter 11 bankruptcy.

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  • Why Should You Retain Microsoft (MSFT) Stock Amid Coronavirus Crisis

    Why Should You Retain Microsoft (MSFT) Stock Amid Coronavirus CrisisBrown Advisory recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Large-Cap Growth Fund posted a return of -13.05% for the quarter, outperforming its benchmark, the Russell 1000 Growth Index which returned -14.10% in the same quarter. You should check out Brown Advisory’s top 5 stock picks for […]

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