Latest news with #HedgeFunds
Bloomberg
3 days ago
- Business
- Bloomberg
Hedge Funds Rush Into Oil Short Bets as OPEC Supply Risk Looms
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection of OPEC+ supply. Money managers upped their short-only bets on Brent by 16,922 lots to 130,019 lots in the week ended May 27, the most in eight months, according to figures from ICE Futures Europe. At the same time, short-only bets against West Texas Intermediate rose to a three-week high, data from the Commodity Futures Trading Commission show.
Bloomberg
21-05-2025
- Business
- Bloomberg
Goldman Says Hedge Funds Cut Magnificent Seven, Bought China Stocks
Hedge funds cut their holdings of the so-called Magnificent Seven technology stocks while increasing exposure to Chinese companies listed in the US during the first quarter, according to Goldman Sachs Group Inc. strategists. Funds increased their investments in Chinese firms' American depository receipts despite heightened trade tensions, strategists including Ben Snider wrote in a note dated May 20. The most popular ADRs held by hedge funds include Alibaba Group Holding Ltd., PDD Holdings Inc, and Baidu Inc, the note said.
Yahoo
18-05-2025
- Business
- Yahoo
Meta Platforms (META) Faces EU Legal Threat Over AI Data Use
We recently published a list of . In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against other AI stocks on Wall Street's radar. Days after the Biden-era rule on AI chips export was rescinded, a bipartisan group of eight U.S. lawmakers has now introduced a bill requiring makers of artificial intelligence chips to include technology that verifies the location of their chips before exporting them. Introduced in the U.S. House of Representatives, the Chip Security Act will aim to address reports of U.S. export-controlled AI chips being smuggled into China. The bill comes shortly after US President Donald Trump began his tour of the Middle East this week, announcing several deals that will send AI chips to countries in the Middle East. This has been despite growing opposition from some inside the US government. READ NEXT: and 'In order for the United States to maintain our technological advantage, we must employ safeguards to help ensure export controls are not being circumvented, allowing these advanced AI chips to fall into the hands of nefarious actors.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A team of developers working in unison to create the company's messaging Platforms, Inc. (NASDAQ:META) is a global technology company. On May 14, Austrian advocacy group NOYB said it will seek an injunction against Meta Platforms. The said injunction may lead to substantial claims if the tech giant goes ahead with its plans to use Europeans' personal data to train its AI models. NOYB, or none of your business, is led by privacy activist Max Schrems. Meta plans to start using personal data from European users of Instagram and Facebook from May 27, citing legitimate interest under EU privacy rules for using users' data. The said data will be used to train and develop its generative AI models as well as other AI tools that can be shared with third parties. The company has said that users will receive a link to a form that will allow them to object to their data being used for training purposes. It also said that private messages and public data from accounts of users under the age of 18 will not be used. 'The European Court of Justice has already held that Meta cannot claim a 'legitimate interest' in targeting users with advertising. How should it have a 'legitimate interest' to suck up all data for AI training? We are currently evaluating our options to file injunctions, but there is also the option for a subsequent class action for non-material damages. If you think about the more than 400 million European Meta users who could all demand damages of just 500 euros or so, you can do the math.' NOYB said that it can use an EU rule filed under the EU Collective Redress, enabling consumers to pursue collective lawsuits against companies in the bloc. It set a May 21 deadline for Meta to respond. 'NOYB's arguments are wrong on the facts and the law. We've provided EU users with a clear way to object to their data being used for training AI at Meta, notifying them via email and in-app notifications that they can object at any time.' Overall, META ranks 1st on our list of AI stocks on Wall Street's radar. While we acknowledge the potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than META and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-05-2025
- Business
- Yahoo
BofA Remains Bullish on Nvidia (NVDA) After HUMAIN AI Project
We recently published a list of . In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other AI stocks on Wall Street's radar. Days after the Biden-era rule on AI chips export was rescinded, a bipartisan group of eight U.S. lawmakers has now introduced a bill requiring makers of artificial intelligence chips to include technology that verifies the location of their chips before exporting them. Introduced in the U.S. House of Representatives, the Chip Security Act will aim to address reports of U.S. export-controlled AI chips being smuggled into China. The bill comes shortly after US President Donald Trump began his tour of the Middle East this week, announcing several deals that will send AI chips to countries in the Middle East. This has been despite growing opposition from some inside the US government. READ NEXT: and 'In order for the United States to maintain our technological advantage, we must employ safeguards to help ensure export controls are not being circumvented, allowing these advanced AI chips to fall into the hands of nefarious actors.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a colorful high-end graphics card being plugged in to a gaming Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services. On May 14, BofA raised the firm's price target on the stock to $160 from $150 and kept a 'Buy' rating on the shares after Nvidia announced a multi-year AI infrastructure project with Saudi Arabian AI startup HUMAIN. The firm believes the project is likely to be around $3B to $5B annually. It also believes 'Sovereign AI' can address the challenge of limited power availability for data centers in the U.S., and reduce the impact of export restrictions on US companies shipping to China. Overall, NVDA ranks 3rd on our list of AI stocks on Wall Street's radar. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-05-2025
- Business
- Yahoo
Microsoft Joins Forces with Informatica (INFA) to Accelerate Customer Adoption
We recently published a list of . In this article, we are going to take a look at where Informatica Inc. (NYSE:INFA) stands against other AI stocks on Wall Street's radar. Days after the Biden-era rule on AI chips export was rescinded, a bipartisan group of eight U.S. lawmakers has now introduced a bill requiring makers of artificial intelligence chips to include technology that verifies the location of their chips before exporting them. Introduced in the U.S. House of Representatives, the Chip Security Act will aim to address reports of U.S. export-controlled AI chips being smuggled into China. The bill comes shortly after US President Donald Trump began his tour of the Middle East this week, announcing several deals that will send AI chips to countries in the Middle East. This has been despite growing opposition from some inside the US government. READ NEXT: and 'In order for the United States to maintain our technological advantage, we must employ safeguards to help ensure export controls are not being circumvented, allowing these advanced AI chips to fall into the hands of nefarious actors.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A business executive in a modern office looking over reports detailing artificial Inc. (NYSE:INFA) is a leader in enterprise AI-powered cloud data management. On May 14, the company announced that it has entered into a strategic agreement with Microsoft, extending its long-standing collaboration with the company and accelerating customer adoption on the Microsoft Azure cloud platform. Leveraging Informatica's Intelligent Data Management Cloud™ platform with key Microsoft services, including Microsoft Fabric and Microsoft Azure, both companies are working closely together to deliver AI-powered solutions. Informatica's cloud data management platform is available as a SaaS offering on Azure and via Azure Marketplace to enable customers to achieve AI-driven business transformations. 'As enterprises increasingly prioritize trusted data to fuel responsible AI, agents and next-generation analytics, Informatica and Microsoft are jointly committed to empowering our customers as they continue on their cloud and AI transformation journey. This strategic agreement reflects our shared vision to drive customer success through co-innovation, go-to-market alignment and deep-field collaboration, helping organizations securely and efficiently scale AI across their data estate.' Overall, INFA ranks 10th on our list of AI stocks on Wall Street's radar. While we acknowledge the potential of INFA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INFA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .
