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Home > Latest

Lates News

date
17/06/2025
B. Riley Securities: Maintains Buy rating on MediciNova (MNOV.US), adjusted from Buy rating with target price adjusted from $6.00 to $5.00.
Latest
2 m ago
Last year, a hedge fund with a return rate of 42% liquidated its holdings in NVIDIA. The founder had previously called it the best stock pick of his lifetime.
2 m ago
Singapore Exchange Nikkei Index futures opened up 135 points, closing at 38490 points.
3 m ago
Chow Tai Fook: suggests issuing HK$8.8 billion of convertible bonds at a price of HK$17.32 per share.
7 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.
7 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.
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