Wednesday, May 1, 2024

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Insider Edge Daily Digest
Top Headlines for Wednesday, May, 01, 2024
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[AltText] Amazon, AMD, Super Micro Computer, Starbucks, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Amazon, AMD, Super Micro Computer, Starbucks, Tesla: Why These 5 Stocks Are On Investors' Radars Today ... Read more
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[AltText] Elon Musk Unfollows Tesla Investor Sawyer Merritt Over Alleged Confidential Information Leak: 'Don't Post … And Expect Me To Follow'

Elon Musk unfollowed prominent Tesla investor Sawyer Merritt on X, formerly Twitter, due to his alleged dissemination of confidential information about Tesla. Read more
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[AltText] Starbucks gets a price target cut after a brutal quarterly miss and light guidance

Starbucks is dealing with too many headwinds right now. This is a decline we do not have plans of immediately buying. Read more
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[AltText] Hedge funds are 'dead as a doornail,' says chairman of ultra-rich investors' club Tiger 21

Hedge funds are "dead" as an investment asset class among members of Tiger 21, a network of ultra-high net worth investors, said founder Michael Sonnenfeldt. Read more
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[AltText] HK spot crypto ETF market has the potential to be double the size of the U.S.: CEO

Tongli Han, CEO of Harvest Global Investments says the in-kind subscription model for Hong Kong's newly launched spot bitcoin and ether ETFs will appeal to cryptocurrency "native" participants. Read more
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[AltText] We're raising our Amazon price target, betting light guidance proves conservative

Shares rose on a strong quarter. The upside, however, was tempered by a lower-than-expected outlook. Read more
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[AltText] Is Bitcoin Heading For A Dip Ahead Of FOMC? Analyst Predicts Potential 'Cascade Towards $55-58K' Before Rebound

As the cryptocurrency market braces for the upcoming Federal Open Market Committee (FOMC) meeting, a prominent crypto analyst has made a bold prediction about Bitcoin's (CRYPTO: BTC) immediate future. Read more
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[AltText] Powell likely to signal that lower inflation is needed before Fed would cut rates

After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. Read more
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[AltText] Cathie Wood's Ark Invest Buys Shares Of Tesla Rival BYD, Continues Accumulating Palantir — Also Acquires AMD Shares

Cathie Wood's Ark Invest Buys Shares Of Tesla Rival BYD, Continues Accumulating Palantir — Also Acquires AMD ... Read more
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