David Tepper's Hedge Fund Bets On Intel, UnitedHealth; Cuts Position In Four Mag 7 Stocks David Tepper sold casino stocks and bought airline stocks in the second quarter. Here's a look at the changes made to the Appaloosa hedge fund.
Bridgewater Retreats From China, Shifts Billions Into US Mega-Cap Tech Bridgewater Associates exits holdings in US-listed Chinese companies amidst geopolitical tensions, shifts focus to US tech stocks.
BEKE's Q1 Revenue Soars 42%, Transaction Value Surges 34% as China's Housing Market Stabilizes BEKE shares lower after reporting Q1 FY25 results with net revenue up 42.4% Y/Y to $3.21 billion, GTV up 34.0% Y/Y, and gross profit up 17.0% Y/Y.
XPeng, Reddit And Micron Tech Are Among Top 10 Large-Cap Losers Last Week (Mar 17-Mar 21): Are The Others In Your Portfolio? Large-cap stocks worst performers last week, including BEKE, RDDT, FUTU, JHX, INCY, NUE, BAH, XPEV, MRNA, TU, WLK. Are they in your portfolio?
KE Holdings Posts 55% Gross Transaction Value Surge In Q4, But EPS Miss And Margin Decline Weigh On Stock BEKE shares down premarket after reporting Q4 results with 54.1% revenue growth, 55.5% increase in GTV, and $716M in share buybacks.
David Tepper's Appaloosa Revamps Portfolio, Cuts Down On Semiconductor Stocks David Tepper's hedge fund, Appaloosa LP, has made significant alterations to its portfolio.
US Stocks Likely To Open Lower As Traders Await Slew Of Data: US-Listed Chinese Stocks In Focus Following Stimulus Pledge US stock futures declined on Tuesday as dollar rose to 106.357 level. Expectations of a December rate cut increased to 86.1%. Negative breadth in S&P 500 continued for sixth day.
KE Holdings Q3 Earnings Miss: Mobile User Base Decline Despite Housing Market Growth BEKE shares down premarket after missing revenue and earnings expectations in third quarter of FY24. Mobile MAUs and GTV also down.
Billionaire David Tepper's China Puzzle: Appaloosa Cuts Alibaba Stake While Doubling Down On PDD Billionaire investor David Tepper's Appaloosa Management reduced its stake in Alibaba Group Holding by 4.76% in the third quarter, despite his recent public enthusiasm for Chinese investments, according to regulatory filings released Thursday.
November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed's Last Decision Investors expect rate cut at the Fed's Nov. 7 meeting, despite mixed views among officials. Optimism remains as U.S. markets rally since Sept. 18.
Chinese Stocks, ETFs Struggle As Multi-Trillion-Yuan Stimulus Hopes Fall Short, Yet More Measures 'Are Still On The Table' Investor sentiment faltered following a briefing from Chinese authorities that lacked the concrete stimulus measures many had anticipated.
