Business

Activists notched significant victories this week by harvesting some low-hanging fruit, though these wins are unlikely to have a bearing on some of the year’s thorniest contests. Q4 2020 hedge fund letters, conferences and more The Acquisition Of Perspecta Perhaps the most notable development was the acquisition of Perspecta, a public sector IT provider targeted […]

The post The Drama At GameStop And Other Activist Victories appeared first on ValueWalk.

The reflexive rebound slowly but surely lost steam, rolling over into the close. The decline continued in the overnight session before a 3720-ish floor was established, indicating that the stock bulls are not yet out of the woods. It was indeed a good idea to take open long profits off the table yesterday for a […]

The post The Moonshot Fizzled Out, Inviting Sellers Again appeared first on ValueWalk.

First on CNBC: CNBC Transcript: Senator Elizabeth Warren (D -Mass.) Speaks with CNBC’s “Closing Bell” today on the recent GameStop stock-trading frenzy. Q4 2020 hedge fund letters, conferences and more Sen. Warren On GameStop Frenzy: We Need Clear Rules On Market Manipulation Sen. Warren: The economy is in trouble, but the market keeps spinning upward […]

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Today,  Robinhood restricted trading on GameStop and other stocks caught in the “meme stock” frenzy. Q4 2020 hedge fund letters, conferences and more Robinhood customers took to Blind, the largest anonymous professional network, to express their outrage surrounding the decision. Do Professionals Plan On Leaving Robinhood? A data employee at Microsoft asked the Blind platform: […]

The post 76% Of Respondents Say They Plan On Leaving Robinhood appeared first on ValueWalk.

The downswing potential I warned about yesterday, came. Heavy selling continued as the Fed threw cold water in assessing the pace of the recovery, and didn‘t signal readiness to prop it up even more than it does currently. That‘s a disappointment even though nobody really discusses V-shaped recovery anymore. Its pace is uneven – one […]

The post Late Yesterday, I Called the S&P 500 Ambush As Likely Over appeared first on ValueWalk.

Cloud industry will grow from $371.4 Billion in 2021 to $832.1 Billion by 2025 TRUiC Analysts just released their latest report on web builders The limitations of growth on Web hosting is merely macro-economic, with top Web hosting providers deploying various innovative ways of attracting new customers and increasing their  share of the market. The […]

The post What 2021 holds for the web and cloud hosting industry appeared first on ValueWalk.

The first FOMC meeting in 2021 has concluded without any changes in monetary policy, while Powell sent a few dovish signals during his press conference. Q4 2020 hedge fund letters, conferences and more Powell: Inflation May Rise In 2021 The FOMC released on Wednesday (January 27) its newest statement on monetary policy . Generally speaking, […]

The post Powell: Inflation Can Rise In 2021 – So What Happens to Gold? appeared first on ValueWalk.

Two biotechnology companies, Cullinan Management Inc (NASDAQ:CGEM) and Gracell Biotechnologies Inc (NASDAQ:GRCL), debuted on public markets last week, posting spectacular gains. Cullinan gained 42.43% and Gracell nearly 32% on their first day of trading. Cullinan Management’s shares trade on the Nasdaq Global Select Market, while Gracell trades on the Nasdaq Global Market. Q4 2020 hedge […]

The post Cullinan Management And Gracell Biotechnologies Go Public appeared first on ValueWalk.