investing
Goldman, Morgan Stanley Limit Losses With Fast Sale of Archegos Assets
Goldman Sachs Group Inc. and Morgan Stanley were quick to move large blocks of assets before other large banks that traded with Archegos Capital Management, as the scale of the hedge fund’s losses became apparent, according to people with knowledge of the transactions. The strategy helped limit the U.S. firms’ losses in last week’s epic …
AnaptysBio and Seagate Technology See Activist Action
Text size These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from March 4 through March 10, …
Tech Stocks Spotlight: Marvell Technology, Fortinet Jump
The tech-heavy Nasdaq was up almost 400 points this past week through Thursday’s close, but is down over 120 points in trading Friday as the Treasury yield rises to its highest level in a year. For more in-depth coverage of the semiconductor sector including trading recommendations and investment strategies, follow Eric Jhonsa on Real Money. …
Private-Equity Deals for Information Technology Soar as Companies Modernize Infrastructure
Private-equity investments in technology soared in the final months of 2020 as investors sought to take advantage of a rise in corporate IT spending. Investors spent $65.17 billion last year on 2,138 private-equity deals with U.S.-based information technology companies, down from $72.47 billion over 2,007 deals in 2019 but far outpacing investments in any other …
When the bull market breaks, it’s ‘likely to break hard,’ warns longtime bear who suggests investors are putting too much faith in the vaccine
“ ‘I’m a believer in the Austrian School of Economics that says that the magnitude of the decline is proportional to the excesses created during the prior boom. I was early in 1998, 1999 and in 2006 to 2007… When it breaks, it’s likely to break hard’ ” That’s David Tice, the former manager of …
Dow’s Slide Accelerates as Wall Street Scrutinizes Size of Biden Aid Plan
Stocks declined Friday as President-elect Joe Biden unveiled a $1.9 trillion Covid-19 relief package, banks fell after kicking off earnings season and U.S. retail sales were worse than expected. The Dow Jones Industrial Average fell 359 points, or 1.16%, to 30,632, the S&P 500 declined 1.1% and the Nasdaq was down 1.06%. Stocks tumbled in …
Here’s where to invest your money before traders start ‘rotating, if not stampeding’ out of stocks, according to one Warren Buffett disciple
Earlier this year, Berkshire Hathaway threw its heavyweight name behind Barrick Gold GOLD, +0.31% with an investment that flew in the face of Warren Buffett’s longtime aversion to gold. The news was “earth-shaking in the gold market,” one strategist said at the time. Now, Kevin Smith, Crescat Capital’s chief investment officer, says others following suit …
Vinod Khosla interview: strategy for investing in climate tech
Tech billionaire Vinod Khosla, who founded Khosla Ventures, is among the most well-known venture capitalists. He has a long history of investing in clean tech. In an interview with Business Insider, he said VCs entering the booming industry now should be patient. Some of his most successful investments including QuantumScape took a decade to pay …
Tech IPO Bonanza Yields Riches for Venture-Capital Firms
More than $157 billion has been raised as of Thursday, according to data provider Dealogic—over a third of that in the past 11 weeks—and the number of listings is the largest since the final hurrah of the dot-com boom in 2000. The soaring public offerings are showering returns on some of the biggest names in …
Bitcoin prices tumble on comments from Elon Musk, Bill Gates and Janet Yellen
The move followed skeptical comments from Tesla CEO Elon Musk, Treasury Secretary Janet Yellen and Microsoft (MSFT) co-founder Bill Gates. Prices stabilized around $48,000 in early trading Tuesday, but that’s still a more than 10% drop from Monday’s levels. But even Musk is starting to show concerns about bitcoin’s surge, noting in a tweet on …