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Market News
Latest financial news and analysis from global markets
GOOGL
Bill Ackman Dumped Most of His Alphabet Stock to Buy Microsoft Instead. Here's the Pattern Every Investor Should Study.
The key takeaway from Ackman's move isn't that Alphabet isn't a good stock to own.
NVDA
Sberbank seeks Chinese chips to power Russia's GigaChat AI model
MOSCOW, May 20 (Reuters) - Russia hopes to power its flagship GigaChat AI model with Chinese-made chips, Sberbank's CEO said during President Vladimir Putin's visit to China, as Western sanctions
USDCUSD
Visa (V) Launches Stablecoin Settlement Program in Canada
John Armitage ranks among the richest hedge fund managers in the world. Visa Inc. (NYSE:V) is one of John Armitage’s largest holdings, accounting for 12.47% of the billionaire’s total portfolio. On May 5, Visa Inc. (NYSE:V) and Wealthsimple launched a trial agreement to enable stablecoin settlements in the Canadian market. The agreement enables Wealthsimple to […]
V
Visa (V) Launches Stablecoin Settlement Program in Canada
John Armitage ranks among the richest hedge fund managers in the world. Visa Inc. (NYSE:V) is one of John Armitage’s largest holdings, accounting for 12.47% of the billionaire’s total portfolio. On May 5, Visa Inc. (NYSE:V) and Wealthsimple launched a trial agreement to enable stablecoin settlements in the Canadian market. The agreement enables Wealthsimple to […]
AMZN
Analysts Express Optimism on Amazon (AMZN) Amid AWS and AI Growth
Paul Marshall and Ian Wace rank among the richest hedge fund managers in the world. Accounting for a 2.52% share ($2.76 billion) in the portfolio, Amazon.com, Inc. (NASDAQ:AMZN) ranks as Marshall Wace’s top stock pick. On May 13, Wolfe Research published its internet sector study, which included Amazon.com, Inc. (NASDAQ:AMZN) among its top picks. Wolfe […]
MSFT
UK CMA Opens Probe Into Microsoft (MSFT) Software Practices
Andreas Halvorsen ranks among the richest hedge fund managers in the world. Accounting for a 4.13% share ($1.55 billion) in the billionaire’s portfolio, Microsoft Corporation (NASDAQ:MSFT) ranks as Andreas Halvorsen’s top stock pick. The UK’s Competition and Markets Authority (CMA) has initiated a probe into Microsoft Corporation (NASDAQ:MSFT)’s commercial software infrastructure, the regulatory agency announced […]
WMT
UBS Reaffirms Buy Rating on Walmart (WMT) Amid Strong E-Commerce Growth
Israel Englander ranks among the richest hedge fund managers in the world. Walmart Inc. (NASDAQ:WMT) is Israel Englander’s largest holding, accounting for 1.91% ($4.54 billion) of the billionaire’s total portfolio. UBS reaffirmed its Buy rating on Walmart Inc. (NASDAQ:WMT) shares on May 14, with a price target of $147. The firm projects Walmart’s earnings to […]
NVDA
Citi Lowers Target on Salesforce (CRM) Over Slower Deal Activity
Ray Dalio ranks among the richest hedge fund managers in the world. Although NVIDIA Corporation (NASDAQ:NVDA) remains the billionaire’s largest position, Salesforce Inc. (NYSE:CRM) ranks 5th on the list of Ray Dalio’s top holdings with a 1.87% portfolio share. Citing field data indicating slowed transaction activity and increasing competitive pressure, Citi lowered its price target on […]
CRM
Citi Lowers Target on Salesforce (CRM) Over Slower Deal Activity
Ray Dalio ranks among the richest hedge fund managers in the world. Although NVIDIA Corporation (NASDAQ:NVDA) remains the billionaire’s largest position, Salesforce Inc. (NYSE:CRM) ranks 5th on the list of Ray Dalio’s top holdings with a 1.87% portfolio share. Citing field data indicating slowed transaction activity and increasing competitive pressure, Citi lowered its price target on […]
PLTR
Palantir (PLTR) Reports Record Quarter, Benchmark Maintains Hold Rating
D. E. Shaw ranks among the list of the richest hedge fund managers in the world. Accounting for a 0.95% share of the billionaire’s portfolio, Palantir Technologies Inc. (NASDAQ:PLTR) ranks among D. E. Shaw’s top stock picks. Palantir Technologies Inc. (NASDAQ:PLTR) released its first-quarter report on May 4, with what it described as the company’s […]
NVDA
UBS Raises Target on NVIDIA (NVDA) Ahead of Strong Revenue Forecast
Ken Griffin ranks among the list of the richest hedge fund managers in the world. NVIDIA Corporation (NASDAQ:NVDA) is Ken Griffin’s largest holding, accounting for 0.6% ($4.02 billion) of the billionaire’s total portfolio. On May 14, UBS boosted its price target for NVIDIA Corporation (NASDAQ:NVDA) to $275 from $245, retaining a Buy rating on the […]
AAPL
1 Unstoppable Stock to Buy Before It Joins Nvidia, Alphabet, Apple, and Microsoft in the $3 Trillion Club
This semiconductor leader has grown sevenfold over the past year and shows no signs of slowing.