Taking a look at what billionaire investors own is a smart idea for individual investors. Hedge funds have far more research capabilities than individual investors do, and seeing what their portfolios hold is a great way to generate ideas for which stocks are best to own. Many of these firms don't own fly-by-night companies; instead, they stick to the big names that nearly everyone recognizes. The...
Taking a look at what billionaire investors own is a smart idea for individual investors. Hedge funds have far more research capabilities than individual investors do, and seeing what their portfolios hold is a great way to generate ideas for which stocks are best to own. Many of these firms don't own fly-by-night companies; instead, they stick to the big names that nearly everyone recognizes. The key is to find hedge funds that have a long-term investing mindset. One billionaire-run hedge fund I follow is Chase Coleman's Tiger Global Management. He has more than half of its portfolio invested in seven genius artificial intelligence (AI) stocks, and I think investors should take a look at his fund for guidance on where to invest their money. What stocks does Coleman own? This information may be fresh to investors, but it's still a bit dated. The only way we know what hedge funds like Tiger Global Management own is due to a Securities and Exchange Commission rule that requires all firms with $100 million or more in investments to disclose their end-of-quarter holdings. That information is made available to individual investors 45 days after the quarter closes. So, the information investors received on May 15 regarding Coleman's holdings was actually from March 31. However, when a fund has a long-term mindset, it's a lot easier to follow what it's doing, as it isn't trading in and out of positions each quarter. At the end of the first quarter, Coleman's portfolio owned 54 stocks, but seven of them made up the majority of his holdings: Stock Percent of Portfolio Alphabet GOOG 1.07% ) GOOGL 1.19% ) 13.4% Nvidia NVDA 1.86% ) 9.2% Amazon AMZN 0.70% ) 9.1% Taiwan Semiconductor Manufacturing TSM 0.69% ) 8.2% Meta Platforms META +0.52% ) 7.7% Broadcom AVGO +0.01% ) 4.9% Microsoft MSFT 0.06% ) 4% Added together, that's about 56% of the fund's total assets invested in just seven companies. I would consider all of these stocks strong AI picks, and it mirrors my personal holding...
Iran's Foreign Ministry spokesman says a deal to open the Strait of Hormuz is not imminent, but that consensus has been reached on many issues. Earlier, oil fell after senior US officials said Washington and Tehran were closing in on an agreement to open the vital waterway. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, ...
Iran's Foreign Ministry spokesman says a deal to open the Strait of Hormuz is not imminent, but that consensus has been reached on many issues. Earlier, oil fell after senior US officials said Washington and Tehran were closing in on an agreement to open the vital waterway. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Joumanna Bercetche and Tom Mackenzie. (Source: Bloomberg)
When you're concerned about something, it's often good to consult someone who knows a lot about it. So if you're concerned about rising gas prices due to the Iran war, and about how the conflict will impact our economy in general, you might want to hear from a bigwig in the energy realm. Enter Chevron (CVX +0.22%) CEO Mike Wirth, who recently issued a warning. Here's what he said and what it may m...
When you're concerned about something, it's often good to consult someone who knows a lot about it. So if you're concerned about rising gas prices due to the Iran war, and about how the conflict will impact our economy in general, you might want to hear from a bigwig in the energy realm. Enter Chevron (CVX +0.22%) CEO Mike Wirth, who recently issued a warning. Here's what he said and what it may mean for you. The CEO said... Most of us are focused on the price of gas (and maybe oil as well), but speaking at the Milken Institute on May 4, Chevron's CEO brought up a related and even more troubling issue. "We will start to see physical shortages" due to the closure of the Strait of Hormuz, he said, explaining that so far, most of the world hasn't been experiencing major supply issues because the U.S. and others have been tapping surpluses and national strategic reserves -- which are, ultimately, limited. He further explained that "economies are going to have to slow," since supply will be shrinking, and he suggested that the overall impact of the partial or full blockage of the Strait of Hormuz may be "potentially as big as in the 1970s" -- when OPEC cut off supplies to the U.S. and some other nations, and also reduced its overall production. That embargo led to soaring gas prices and fuel rationing: Those who could get fuel for their vehicles had to wait in extremely long lines at gas stations to buy it. In other words, we are probably looking at some harder times ahead. The CEO of Shell, Wael Sawan, concurs with Wirth's assessment -- he has noted that the Iran war has already reduced global jet fuel consumption by about 5%, and that shortages of oil and liquefied natural gas might last into next year. What does an energy shortage mean for your investments? One likely outcome of an energy shortage is that oil companies -- such as ConocoPhillips, Occidental Petroleum, and Chevron -- will profit from higher prices for their scarcer commodities. Transportation companies,...
In case you missed it, one of the most important data releases of the quarter hit the newswires on May 15: Form 13F filings. These filings provide investors with a way to track which stocks Wall Street's savviest fund managers and businesses bought and sold in the latest quarter. Google parent Alphabet (GOOGL 1.19%)(GOOG 1.07%) is one company that's required to file quarterly 13Fs for its $4 billi...
In case you missed it, one of the most important data releases of the quarter hit the newswires on May 15: Form 13F filings. These filings provide investors with a way to track which stocks Wall Street's savviest fund managers and businesses bought and sold in the latest quarter. Google parent Alphabet (GOOGL 1.19%)(GOOG 1.07%) is one company that's required to file quarterly 13Fs for its $4 billion investment portfolio. While satellite-based cellular broadband services provider AST SpaceMobile (ASTS +10.01%) had been Alphabet's No. 1 holding in each of the three previous quarters, this isn't the case any longer. It's been unseated by financial services giant CME Group (CME +0.67%). AST SpaceMobile still makes up more than 18% of Alphabet's $4 billion portfolio Although AST was dethroned as Alphabet's largest investment holding, Google's parent didn't sell a share (it still holds 8,943,486 shares). This likely has to do with AST's two core catalysts remaining firmly in place. First, its BlueBird satellites work with existing smartphone technology. Whereas prior-generation satellite-based cellular networks required specialized devices, AST's network is ready to roll with what consumers are already using. Expand NASDAQ : ASTS AST SpaceMobile Today's Change ( 10.01 %) $ 9.63 Current Price $ 105.86 Key Data Points Market Cap $32B Day's Range $ 98.41 - $ 107.59 52wk Range $ 22.47 - $ 129.89 Volume 30.7M Avg Vol 16.8M Gross Margin -22429.27 % Secondly, AST SpaceMobile has secured partnerships with more than 50 global mobile network providers. Instead of fighting an uphill battle against established wireless providers to earn subscribers, it's partnering with them, giving AST access to 5.8 billion combined subscribers. In theory, this should lead to a rapid sales ramp as its satellite-based cellular broadband network expands. At the same time, AST's operating model is capital-intensive and has little margin for error. Higher satellite production costs and launch delays can...
Key Points Form 13Fs filings allow investors to track which stocks Wall Street's savviest money managers and businesses bought and sold in the latest quarter. Although Alphabet didn't sell a share of satellite-based cellular broadband services provider AST SpaceMobile, it's no longer its No. 1 holding for the first time in four quarters. Alphabet plowed just over $1 billion into a financial servic...
Key Points Form 13Fs filings allow investors to track which stocks Wall Street's savviest money managers and businesses bought and sold in the latest quarter. Although Alphabet didn't sell a share of satellite-based cellular broadband services provider AST SpaceMobile, it's no longer its No. 1 holding for the first time in four quarters. Alphabet plowed just over $1 billion into a financial services company whose asset-light operating model has allowed its gross margin to expand into the mid-80% range. 10 stocks we like better than CME Group › In case you missed it, one of the most important data releases of the quarter hit the newswires on May 15: Form 13F filings. These filings provide investors with a way to track which stocks Wall Street's savviest fund managers and businesses bought and sold in the latest quarter. Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) is one company that's required to file quarterly 13Fs for its $4 billion investment portfolio. While satellite-based cellular broadband services provider AST SpaceMobile (NASDAQ: ASTS) had been Alphabet's No. 1 holding in each of the three previous quarters, this isn't the case any longer. It's been unseated by financial services giant CME Group (NASDAQ: CME). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » AST SpaceMobile still makes up more than 18% of Alphabet's $4 billion portfolio Although AST was dethroned as Alphabet's largest investment holding, Google's parent didn't sell a share (it still holds 8,943,486 shares). This likely has to do with AST's two core catalysts remaining firmly in place. First, its BlueBird satellites work with existing smartphone technology. Whereas prior-generation satellite-based cellular networks required specialized devices, AST's network is ready to roll with what consumers are already using. Se...
[SMM Steel] Feralpi Stahl Expands Rebar Capacity at Germany’s Riesa Plant [SMM Steel] Feralpi Stahl, part of Italy’s Feralpi Group, is increasing annual steel capacity at its Riesa plant in Germany from 1 million mt to 1.3 million mt through a new Danieli rolling mill commissioned last May. The new facility currently operates on a two-shift basis and is expected to receive final equipment certific...
[SMM Steel] Feralpi Stahl Expands Rebar Capacity at Germany’s Riesa Plant [SMM Steel] Feralpi Stahl, part of Italy’s Feralpi Group, is increasing annual steel capacity at its Riesa plant in Germany from 1 million mt to 1.3 million mt through a new Danieli rolling mill commissioned last May. The new facility currently operates on a two-shift basis and is expected to receive final equipment certification this summer. The mill targets annual rebar-in-coil output of 400,000-450,000 mt, with plans to shift to three-shift operations by 2027 depending on market conditions. The company also said it will continue investing in scrap processing operations.
ismagilov/iStock via Getty Images Market Overview The first quarter demonstrated the benefits of convertible securities. As equity markets fell, convertibles provided access to growth while dampening downside volatility. The US Convertible market advanced 3.72% in the first quarter, as measured by the ICE BofA US Convertible Index, and held up favorably relative to the 4.33% decline in US equity m...
ismagilov/iStock via Getty Images Market Overview The first quarter demonstrated the benefits of convertible securities. As equity markets fell, convertibles provided access to growth while dampening downside volatility. The US Convertible market advanced 3.72% in the first quarter, as measured by the ICE BofA US Convertible Index, and held up favorably relative to the 4.33% decline in US equity markets, as reflected by the S&P 500. The equity market was impacted by two distinct and sequential forces: an artificial intelligence ( AI ) driven rotation away from mega-cap technology stocks and a geopolitical energy shock triggered by the outbreak of the Middle East war. The convertible market return was supported by its relatively small representation in mega-cap technology names. The convertible market's exposure to AI, its holdings in the data storage and communication services industries, also strongly outperformed. Within the US convertible index, economic sector results were mixed during the first quarter. The sectors that performed best included information technology (+14.5%), materials (+8.9%), and utilities (+6.1%). The sectors that lagged the most included financials (-9.3%), consumer discretionary (-4.6%), and health care (-2.3%). Speculative-grade convertibles (+15.6%) outperformed unrated (+3.6%) and investment-grade-rated (+1.8%) issues. On average, roughly 73% of the US convertible market was unrated at the end of the first quarter, according to ICE BofA data. Convertible new issuance marked one of its strongest calendar year starts in recent memory, although the pace slowed in March as geopolitical uncertainty increased. For the quarter, global issuance totaled $53 billion, led by US companies, which issued $27 billion. The underlying demand for convertible financing remains intact. We expect issuance to reaccelerate as market conditions stabilize and believe a sustained higher-rate environment will further incentivize issuers to tap the convertible mar...
Key Points Eli Lilly and Novo Nordisk have been vying for dominance in the weight loss drug market. Lilly has gradually surpassed Novo Nordisk, and it now holds 60% of the U.S. market. 10 stocks we like better than Eli Lilly › When you think of growth stocks, you may immediately think of technology. But this isn't the only field delivering significant revenue gains these days. In fact, you'll find...
Key Points Eli Lilly and Novo Nordisk have been vying for dominance in the weight loss drug market. Lilly has gradually surpassed Novo Nordisk, and it now holds 60% of the U.S. market. 10 stocks we like better than Eli Lilly › When you think of growth stocks, you may immediately think of technology. But this isn't the only field delivering significant revenue gains these days. In fact, you'll find one of the biggest growth themes in a surprising area: healthcare. I'm talking about the business of weight loss drugs. Today, Eli Lilly (NYSE: LLY) and Novo Nordisk lead this market, marching toward a value of $100 billion by early next decade. And others, from biotech Viking Therapeutics to pharma giant Pfizer, aim to eventually participate too. So this market offers high growth -- but eventually competition may heat up as new drugs reach the finish line. This means it's crucial for players to continue building out their portfolios. With this in mind, Lilly just made a game-changing move in this high-growth space. Here's what you need to know. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Lilly's first weight loss drug First, though, a quick summary of what's happened in this high-potential market so far. Novo was first to market with a GLP-1 drug, a product that interacts with a hormonal pathway linked to digestion. This was semaglutide, approved as Ozempic for type 2 diabetes, then as Wegovy for weight loss. Lilly then joined the market with tirzepatide, a dual GLP-1/GIP receptor agonist -- so the Lilly drug stimulates two hormonal pathways. The pharma giant sells tirzepatide as Mounjaro for type 2 diabetes and as Zepbound for weight loss. These Novo and Lilly drugs are injectables, but the companies also recently won approval for their oral GLP-1s -- Novo's oral Wegovy and Lilly's Foundayo. Though...
Broadcom (NasdaqGS:AVGO) has filed a lawsuit challenging EU antitrust regulators over document requests linked to its VMware acquisition. The legal move follows an EU antitrust complaint focused on changes to Broadcom's VMware Cloud Service Provider program in Europe. The dispute raises questions about potential effects on Broadcom's VMware integration plans, European operations, and cloud softwar...
Broadcom (NasdaqGS:AVGO) has filed a lawsuit challenging EU antitrust regulators over document requests linked to its VMware acquisition. The legal move follows an EU antitrust complaint focused on changes to Broadcom's VMware Cloud Service Provider program in Europe. The dispute raises questions about potential effects on Broadcom's VMware integration plans, European operations, and cloud software ambitions. For you as an investor, this dispute sits at the intersection of Broadcom's role in chips and its push into software through VMware. While attention has centered on AI partnerships and semiconductor products, VMware is a key part of the company’s broader infrastructure stack. EU scrutiny of how VMware services are offered in Europe adds another layer of complexity to how that software segment develops. This new legal front introduces additional regulatory risk that could influence Broadcom's approach to contracts, pricing, and partner relationships in its VMware ecosystem. It also highlights how major M&A deals can face extended review long after the headline acquisition closes, which is important context as you weigh regulatory exposure alongside product and revenue stories for NasdaqGS:AVGO. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Broadcom. NasdaqGS:AVGO 1-Year Stock Price Chart This legal challenge puts a spotlight on how tightly Broadcom’s long-term VMware plans are tied to EU oversight. The company is already trying to scale VMware Cloud Foundation with large, regulated customers in Europe, and EU antitrust questions around partner programs or data access could influence how quickly that rollout progresses or how contracts are structured. For you as an investor, the key issue is not just potential fines, but whether EU regulators push for changes that affect pricing, incentives for cloud partners, or access terms that matter for European customers weighing VMwa...
Philippine rescuers were racing against time on Monday in a search for possible signs of life more than 24 hours after the collapse of a building under construction in the city of Angeles, with crews carefully removing rocks and surrounding debris by hand. The painstaking manual operation around 80 km (50 miles) north of the capital Manila underscored the difficulty of the rescue effort, carried ...
Philippine rescuers were racing against time on Monday in a search for possible signs of life more than 24 hours after the collapse of a building under construction in the city of Angeles, with crews carefully removing rocks and surrounding debris by hand. The painstaking manual operation around 80 km (50 miles) north of the capital Manila underscored the difficulty of the rescue effort, carried out under scorching heat, with authorities unable to rely on excavators and other machinery for fear that the unstable structure could shift further and bury any survivors deeper beneath the wreckage and rubble. As search operations stretched into a second day, families waiting near the disaster area voiced growing frustration and despair, saying they were receiving no information about the fate of their missing loved ones. “My youngest child keeps asking, but I do not have answers,” said 47-year-old Lea Casilao, whose husband, a construction worker, is believed to be trapped beneath the rubble. Advertisement “If only the rescuers could call out his name, he might still respond, so I’d have something to hold on to, some hope,” Casilao said, wiping away her tears. Rescuers move debris as they search for trapped survivors following the collapse of a nine-storey building under construction in Balibago, Angeles City, Pampanga, Philippines, on Sunday. Photo: Reuters Search teams, assisted by K9 dogs, continued to comb through the debris after overnight thermal scans detected heartbeats and breathing beneath the collapsed structure. Advertisement Rescuers also placed yellow flexible tubes to channel air into pockets beneath a tangle of concrete, mangled metal and collapsed scaffolding.
IanGoodPhotography/iStock via Getty Images Mortgage rates have climbed to their highest level since August, delivering yet another blow to what was supposed to be a stronger spring housing season. According to Freddie Mac, the average rate on a 30-year fixed mortgage jumped to 6.51%, up from 6.36% just one week earlier. That increase may not sound dramatic, but in today's affordability-constrained...
IanGoodPhotography/iStock via Getty Images Mortgage rates have climbed to their highest level since August, delivering yet another blow to what was supposed to be a stronger spring housing season. According to Freddie Mac, the average rate on a 30-year fixed mortgage jumped to 6.51%, up from 6.36% just one week earlier. That increase may not sound dramatic, but in today's affordability-constrained market, even small changes in rates can have a massive impact on purchasing power. And mortgage rates are only part of the problem. Home prices remain elevated across much of the country, while rising insurance costs and property taxes continue to pressure affordability. With renewed geopolitical tensions in Iran, rising oil prices, and inflation concerns, many prospective buyers are sitting on the sidelines. The result? Existing home sales in April came in essentially flat and well below economists' expectations, while applications for home purchases also declined week over week, despite still being modestly higher year over year. Anthony Smith, senior economist at Realty.com, summed it up well when he noted that every uptick in rates narrows the pool of buyers who can "make the numbers work." That's the backdrop. Now let's pivot to what this means for apartment landlords and why the current environment may create a compelling setup for apartment REITs. The American Dream is Getting Delayed For decades, homeownership has been the cornerstone of the American dream, but today that dream is increasingly deferred, especially for younger households. The combination of elevated mortgage rates, expensive home prices, tighter lending standards, and rising operating costs has created one of the most difficult affordability environments in modern history, and as a result, millions of households are remaining renters longer. That's important because apartment REITs don't need homeownership to collapse to thrive; they simply benefit when the barriers to buying become too high for man...
Gold prices rose more than 1% on Monday, as optimism for a breakthrough in U.S.-Iran peace negotiations weakened the dollar and eased oil prices, which softened the inflation outlook. Spot gold was up 1.1% at $4,559.07 per ounce, as of 0736 GMT. U.S. gold futures for June delivery gained 0.8% to $4,559.80. While U.S. President Donald Trump has warned that he was in no hurry to finalize a deal wi...
Gold prices rose more than 1% on Monday, as optimism for a breakthrough in U.S.-Iran peace negotiations weakened the dollar and eased oil prices, which softened the inflation outlook. Spot gold was up 1.1% at $4,559.07 per ounce, as of 0736 GMT. U.S. gold futures for June delivery gained 0.8% to $4,559.80. While U.S. President Donald Trump has warned that he was in no hurry to finalize a deal with Iran, investors seem to rely more on his Saturday statement that Washington and Iran had " largely negotiated " a memorandum of understanding on a peace deal that would reopen the Strait of Hormuz. "Trump has been raising market hopes for some sort of deal with Iran, which could lead to the reopening of the Strait of Hormuz. That prospect has weighed on oil prices and, by extension, given gold a welcome lift from an inflation perspective," said Tim Waterer, chief market analyst at KCM Trade. The U.S. will either have a good agreement with Iran or deal with the country "another way," Secretary of State Marco Rubio said on Monday. The dollar was around its lowest levels in a week, making greenback-priced bullion more affordable for holders of other currencies. Oil prices, which influence inflation expectations, hit two-week lows. Elevated crude can fuel inflation and keep interest rates higher for longer. While gold is seen as an inflation hedge, higher rates tend to weigh on the non-yielding metal. Kevin Warsh was sworn in as chair of the U.S. Federal Reserve on Friday at a pivotal moment for the American economy, where surging gasoline prices linked to the Iran war fuel inflation and erode consumer sentiment. Spot silver climbed 3.1% to $77.79 per ounce, platinum rose 2.3% to $1,966.59, and palladium was up 2.7% at $1,384.70. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.