• Hedge Funds Are Selling Bloom Energy Corporation (BE)

    Hedge Funds Are Selling Bloom Energy Corporation (BE)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 […]

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  • Uber buys Postmates in $2.65B stock deal

    Uber buys Postmates in $2.65B stock deal Uber bought the food delivery company Postmates for $2.65 billion dollars in shares. Yahoo Finance’s Emily McCormick joins The First Trade to discuss.

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  • Coronavirus cases surge as some Texas hospitals near capacity

    Coronavirus cases surge as some Texas hospitals near capacityYahoo Finance’s Brian Sozzi and Alexis Christoforous discuss the latest coronavirus news with Yahoo Medical Contributor and Columbia University Associate Professor of Emergency Medicine, Dr. Dara Kass.

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  • Tesla Website Crashes As Musk Puts ‘Short Shorts’ On Sale

    Tesla Website Crashes As Musk Puts 'Short Shorts' On SaleTesla Inc (NASDAQ: TSLA) CEO Elon Musk announced Sunday that the automaker was selling a pair of red "short shorts" on its online store, which led to the item being sold off in minutes and the company's retail website crashing.What Happened Musk took to Twitter to announce the sale of the short shorts.> Limited edition short shorts now available at https://t.co/5EmNcTBvJv> > — Elon Musk (@elonmusk) July 5, 2020The Tesla chief executive said the limited edition shorts were on sale for "only $69.420," a thinly veiled reference to the $420 price point at which Musk had wanted to take the automaker private in 2018.Minutes after the shorts went on sale, they were all sold out, and the Tesla online store became inaccessible. > Dang, we broke the website> > — Elon Musk (@elonmusk) July 5, 2020The shorts' product description mocks the short-sellers of Tesla stock. It reads, "Celebrate summer with Tesla Short Shorts. Run like the wind or entertain like Liberace with our red satin and gold trim design. Relax poolside or lounge indoors year-round with our limited-edition Tesla Short Shorts, featuring our signature Tesla logo in front with "S3XY" across the back. Enjoy exceptional comfort from the closing bell."Why It Matters Musk had taunted both short-sellers and the Securities and Exchange Commission on Twitter last week promising that Tesla will "make fabulous short shorts in radiant red satin with gold trim," and "will send some to the Shortseller Enrichment Commission to comfort them through these difficult time."Musk is taking a victory lap with a series of tweets against his supposed detractors as Tesla's stock price surges. Last week, the company emerged as the world's foremost automaker in terms of market cap. Last Thursday, Tesla announced it had delivered 90,650 cars in the second quarter, which is impressive considering the company's factory at Fremont, California, remained shut during this period due to the ongoing pandemic.Price Action Tesla shares traded 0.38% higher at $1,213.20 in the after-hours session on Thursday. The shares had closed the regular session 7.95% higher at $1,208.66.Image: Tesla.comSee more from Benzinga * Uber Buying Postmates In All-Stock Deal Valued At .65B: Report * SoftBank Shuns Elliot Management's Call For Board Oversight Of Vision Fund * McDonald's, Apple Further Delay Reopening Due To Coronavirus Cases Spike(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • Dear China, Enjoy This Bull Market. Love, Donald

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  • Musk mocks Tesla skeptics with satin shorts

    Musk mocks Tesla skeptics with satin shortsTesla founder Elon Musk is having a dig at short sellers by becoming a seller of shorts – red satin ones, to be precise. Julian Satterthwaite reports.

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  • Hedge Funds Are Selling Canadian Solar Inc. (CSIQ)

    Hedge Funds Are Selling Canadian Solar Inc. (CSIQ)How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

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  • Should You Avoid The Bank of Nova Scotia (BNS)?

    Should You Avoid The Bank of Nova Scotia (BNS)?We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

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  • How Goldman Sachs just succinctly told people to start selling their overvalued stocks

    How Goldman Sachs just succinctly told people to start selling their overvalued stocksIt may be time to lighten the load on stocks. Here's what Goldman Sachs just signaled.

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