Coupang Inc
Top South Korean e-commerce firm Coupang apologises over massive data breach
Logos on facade at the shared headquarters of Internet company Coupang and security company SentinelOne in the Silicon Valley town of Mountain View, California, October 28, 2018. Smith Collection | Gado | Archive Photos | Getty Images South Korea’s biggest online retailer, Coupang apologised on Sunday over the breach of personal information from 33.7 million customer […]
Read More
As market rallied to record highs last quarter, ultra-rich family offices bought beaten up stocks
Carolina Panthers owner David Tepper listens to a question during a press conference in 2022. Alex Slitz | Tribune News Service | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your […]
Read More
AI, bitcoin and e-commerce trades lead Sohn conference’s best ideas
From artificial intelligence to a bitcoin long short trade, emerging hedge fund managers touted their best ideas at the Sohn San Francisco investment conference on Tuesday. AI pick Ravi Paidipaty of Freestone Grove Partners pitched Semtech Corporation , a so-called mixed signal semiconductor company. Semtech will be a winner in next-gen AI data center connectivity, […]
Read More
Bank of America names five stocks with more room to run before they report earnings
Bank of America named several stocks that are well positioned ahead of their quarterly reports. The Wall Street investment bank says companies like Meta Platforms are compelling, with more room to run. Other buy-rated names screened by CNBC Pro include: Roblox, Wex, Coupang and Trip.com. Roblox The gaming company is firing on all cylinders, according […]
Read More
Morgan Stanley says buy these five stocks that are set to rally
Morgan Stanley highlighted five stocks that have plenty of upside, according to the investment bank’s analysts. The firm says companies such as Chewy are compelling and their stocks have more room to run. The other overweight-rated names include: Ulta , NuBank, Chart Industries and Coupang. Chart Industries Morgan Stanley analyst Daniel Kutz is doubling down […]
Read More
Morgan Stanley says buy these five stocks soon that are set to rally
There’s a slew of stocks that have a lot more room to run, according to Morgan Stanley. The firm says overweight-rated companies like Nvidia have plenty of upside and remain top picks in June. Others include: Nubank , Sallie Mae , Seagate and Coupang. Seagate The tech data storage company is just too attractive to […]
Read More
Buy these five stocks with upside ahead of earnings, Bank of America says
Bank of America highlighted five stocks that are poised for upside and that investors should snap up heading into quarterly earnings. The firm said it likes companies that are resilient in a choppy macro environment. They include buy-rated stocks like Coupang, PayPal, Fidelity National, Relx and Flutter. PayPal Analyst Jason Kupferberg is standing by the […]
Read More
Hedge funds are buying more of these ‘rising star’ stocks, according to Goldman
A change in popularity among hedge fund investors for stocks could signal where they’re headed in the months to come, and there are some that may be poised for future gains, according to Goldman Sachs. The bank analyzed the holdings of 695 hedge funds with $3.1 trillion of long and short equity positions at the […]
Read More
Stocks making the biggest moves midday: Red Cat Holdings, Rigetti Computing, Honda and more
Check out the companies making headlines in midday trading: Rigetti Computing — The quantum computing stock soared 10%, adding to the sector’s robust end-of-year rally . Shares of Rigetti are now up 1,674% on the year. KULR Technology Group — Shares pulled back around 9%, reversing the gains seen in the previous session. On Thursday, […]
Read More
South Korean won falls sharply against the U.S. dollar after president declares martial law
A television screen shows a news broadcasting of South Korean President Yoon Suk Yeol delivering a speech on emergency martial law, in Goyang, northwest of Seoul, on December 3, 2024. Jung Yeon-je | Afp | Getty Images South Korea’s won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared […]
Read More