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Institutional investors loaded up on shares of 3M Co (NYSE: MMM) and UiPath Inc (NYSE: PATH) in the fourth quarter. Shares of both are still down for the year at writing. Ingalls & Snyder bought 3M stock in Q4 Ingalls & Snyder LLC bought another 177 shares of $MMM in Q4 that increased its stake […]

• April 15, 2024 01:42 PM PDT
• Invezz

Bitcoin price dropped to a low of $62,274 on Monday, liquidating over $70 million in derivatives positions. Volume of Bitcoin derivatives trades is down 33% five days away from the BTC halving. Open Interest at $60,000 put, a day before the halving is 1,060 contracts.

• April 15, 2024 01:22 PM PDT
• Invezz

Nikola Corp (NASDAQ: NKLA) is in focus today after Bob Lutz – a former executive of the “Big Three” said the EV push happened “too soon and too fast”. Lutz shares view on the EV push Lutz is somewhat dovish on the electric vehicle movement at least for the near term because it’s based mostly […]

• April 15, 2024 10:49 AM PDT
• Invezz

A slight pullback in oil prices today after Iran’s strike on Israel is not entirely unjustified, says Amrita Sen of Energy Aspects. What Iran-Israel conflict means for oil prices The price action makes sense to her for two main reasons. One, the strike was “so well telegraphed the market had already priced it in”. Second, […]

• April 15, 2024 08:46 AM PDT
• Invezz

Medical Properties Trust (NYSE: MPW) stock price continued its strong recovery on Monday as it surged to a high of $5.32, its highest swing since December 2023. It has been one of the best-performing REIT in the past few weeks as it jumped by over 60% from its lowest point in 2023. Some progress noted […]

• April 15, 2024 08:30 AM PDT
• Invezz

Salesforce (NYSE: CRM) and Informatica (NYSE: INFA) stock prices crashed on Monday as traders reflected on the recent M&A rumours. INFA shares retreated by over 3.65% while CRM retreated by almost 4%.  Salesforce could buy Informatica The biggest M&A news came out on Friday when WSJ said that Salesforce was considering acquiring Informatica, a little-known […]

• April 15, 2024 07:41 AM PDT
• Invezz