Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Jim Cramer Explains Why He Is Avoiding Big Predictions on Rocket Companies (RKT)
During the lightning round on September 2, a caller mentioned that Rocket Companies, Inc. (NYSE:RKT) delivered its most profitable quarter in four years despite elevated interest rates, which challenges the market assumption that the business…
Freedom Broker Turns Bullish on Argan (AGX) After Record Quarter
On September 2, Argan, Inc. (NYSE:AGX) reported strong results for its second quarter of fiscal year 2027. The company posted record revenue of $384 million, a gross margin of 19.3%, record net income of $53 million, and record adjusted EBITDA of…
Broadcom (AVGO) AI Revenue Soars, But Wall Street Wants More
On September 2, Broadcom Inc. (NASDAQ:AVGO) reported strong financial results for its third quarter of fiscal year 2026, driven by continued strength in AI-related demand. However, despite the company's blockbuster numbers, its outlook fell…
SoundHound AI Closed Its LivePerson Deal. Does the Acquisition Fix SOUN's Scale Problem or Import LPSN's Weaknesses?
LivePerson shareholders approved SoundHound AI's acquisition on September 2, and the companies completed the transaction on September 4. The combination brings LiverPerson, formerly LivePerson, Inc. (NASDAQ:LPSN) into SoundHound AI, Inc. (NASDAQ:…
Jim Cramer Shares His Playbook for Buying Applied Materials (AMAT)
On September 1, when a caller mentioned that they purchased Applied Materials, Inc. (NASDAQ: AMAT) shares back in July at $540 before the earnings announcement and again at $490, Mad Money host Jim Cramer remarked: But you know what? We don't care…
Why Gabelli's Global Content & Connectivity Fund Likes Alphabet (GOOGL)
Gabelli Investment Management Firm recently released its 'Global Content & Connectivity Fund' second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund delivered a strong second quarter of 2026, with its Class I…
Two Chip-Equipment Stocks Just Crushed Nvidia. Is the AI Rally Broadening?
KLA gained 7.3% and Lam Research rose 5.1% on September 4, comfortably ahead of Nvidia's 0.8% move. The stocks do not sell accelerators. They sell the process-control and fabrication equipment required to produce more advanced logic, memory, and…
These 2 AI Storage Stocks Soared as the S&P 500 Fell
Seagate gained 6.3% and Western Digital rose 5.9% on September 4 even as the S&P 500 fell 0.4%. The pairing was consistent with investors rotating toward profitable storage infrastructure rather than making a random defensive trade. Generative AI…
Palantir Jumped 7.7% on an Expanded PwC Alliance as Globant Launched a Salesforce AI Pod. Which Services Model Scales Better?
Palantir shares gained 7.7% on September 3, the same day PwC US expanded an alliance built around enterprise AI, M&A, and ERP modernization. The companies described an AI-native deals platform intended to execute transactions up to 50% faster and…
Jim Cramer Explains Why Velo3D (VELO) Is Only Worth a Quarter Position Right Now
During the lightning round of the September 1 episode of Mad Money, a caller highlighted Velo3D, Inc.'s (NASDAQ:VELO) 52% year-over-year revenue surge, raised guidance, and projected second-half positive EBITDA along with deep ties to SpaceX and…
Meet the cast of The Real Housewives of London ahead of season two
A new series of The Real Housewives of London is almost upon us, and with it comes plenty of sprawling homes, lavish dinner parties and of course, drama. The latest instalment in the global reality TV juggernaut, which has been running for nearly…
Thor Industries, Inc. (NYSE:THO) Receives Average Rating of 'Hold' from Analysts
Thor Industries, Inc. (NYSE:THO - Get Free Report) has been given a consensus rating of 'Hold' by the fourteen brokerages that are covering the stock, MarketBeat reports. Eleven equities research analysts have rated the stock with a hold rating and…
Bank of New York Mellon Corp Invests $5.99 Million in Miller Industries, Inc. $MLR
Bank of New York Mellon Corp purchased a new stake in shares of Miller Industries, Inc. (NYSE:MLR - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased…
Weekly Commentary: Unhinged Friday
Investment-grade CDS prices traded below 50 bps Friday, to within a few basis points of lows since February 2020. The VIX traded below 14 in Friday trading for the first time since December, ending the week just off two-year lows. Ten-year Treasury…
The Manufacturers Life Insurance Company Invests $1.32 Million in Trinity Industries, Inc. $TRN
The Manufacturers Life Insurance Company bought a new stake in Trinity Industries, Inc. (NYSE:TRN - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
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