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Lates News

date
17/06/2025
Stifel: Upgrades Incyte (INCY.US) rating from Hold to Buy, target price adjusted from $75.00 to $107.00.
Latest
2 m ago
Chow Tai Fook: suggests issuing HK$8.8 billion of convertible bonds at a price of HK$17.32 per share.
6 m ago
Hedge fund founder Jonah Cheng once called Nvidia the best stock in his career. But he has now exited all positions in the company as he is no longer as confident in the future of the $3.5 trillion chip maker. Last year, the former UBS analyst's tech fund had a return rate of up to 42%, making him one of the investors who benefited from Nvidia's soaring stock price over the past decade. When he founded the Captain Global Fund in 2016, one of the first stocks he purchased was Nvidia, and he subsequently reinvested multiple times. Now, he is not as certain. Cheng sold his Nvidia stocks in the first quarter, citing concerns about delays related to the GB200 chassis. He pointed out inventory risks, unadjusted profit forecasts, competition from custom chips, and other reasons for avoiding the stock.
6 m ago
Last year, a hedge fund with a return rate of 42% cleared its stake in Nvidia. The founder once claimed it was the best stock pick of his life.
7 m ago
Silver prices are rising rapidly, closely following gold. Institutions are optimistic about the future performance of silver.
8 m ago
Rising oil prices put pressure on the market to lower interest rate expectations, while US bond yields continue to rise.
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