(Bloomberg) — Famed investor Warren Buffett is steadily snowballing a stake in Occidental Petroleum Corp. in what could end up being his biggest-ever acquisition. His Berkshire Hathaway Inc. on Friday won approval to buy as much as 50% of the shares. Some investors believe it’s a step toward a full takeover, which may end up […]
Read More(Bloomberg) — While Elon Musk has plenty of Wall Street detractors, Scott Burg may be the first distressed-bond manager to make a multibillion-dollar options bet that Musk’s Tesla Inc. will be “squashed like a bug.” Burg, the chief investment officer of Deer Park Road Management Co. who made the prediction in a 2020 tweet, acquired […]
Read MoreCatalyst Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on developing and commercializing therapies for people with rare debilitating, chronic neuromuscular, and neurological diseases in the United States. CPRX $13.9500 0.1100 % 0.7900 Catalyst Pharm Inc Sector : Medical Industry : Medical – Drugs Signal Short Term Trend Long Term Trend BUY UP UP Day: 0.79% […]
Read MoreInspired Entertainment, Inc. (INSE) Inspired Entertainment, Inc., a business-to-business gaming technology company, supplies content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. The company operates through four segments: Gaming, Virtual Sports, Interactive, and Leisure. T Jianpu Technology Inc. (JT) Jianpu Technology Inc. operates a platform that provides online discovery […]
Read MoreFor the last few years, the Auto industry has been an interesting pocket of the stock market to pay attention to. Between trade tensions between the U.S. and its largest trading partners before 2020 to the global COVID pandemic that shuttered economic activity and collapsed demand for most of that year. 2021 saw a number […]
Read MoreCrescent Point Energy Corp. (CPG) Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It’s crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba. Occidental […]
Read MoreBuy Price: $226.15 or better Sell Price: TradersPro Sell Signal Aspen Technology, Inc. provides enterprise asset performance management, asset performance monitoring, and asset optimization solutions worldwide. The company’s solutions address complex environments where it is critical to optimize the asset design, operation, and maintenance lifecycle. The stocks founds in the One Hot Stock category use stocks that […]
Read More(Bloomberg) — The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing bubble burst about 15 years ago. There’s no systemic meltdown coming this time around, because there hasn’t been the […]
Read More(Bloomberg) — One big force at the center of the two-month equity rally is showing signs of fatigue. It’s the behavior of short sellers, whose frantic efforts to unwind bearish wagers created buying that added fuel to the $7 trillion share advance. Evidence is arising now that the process is petering out. Hedge funds that […]
Read More(Bloomberg) — Investors continued piling into stocks and bonds, dismissing the risk of a more aggressive Federal Reserve as they expect it to ease the pace of rate hikes while inflation pulls back from its peak, according to Bank of America Corp. strategists. Global equity funds attracted $7.9 billion in the week through Aug. 17, […]
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