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Former Hedge Fund Manager Lists 3 Reasons Berkshire Hathaway Has 'Everything We Look For In A Stock'
Monday, February 6, 2023 - 3:14pm | 552Investment expert and former hedge fund manager Whitney Tilson, current president and CEO of Empire Financial Research, presented his bullish thesis on Warren Buffett holding company Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) at Guy Spier's VALUEx conference in Klosters, Switzerland...
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Is Elon Musk Unwittingly Helping Mark Zuckerberg? Why This Meta Analyst Can See Stock Doubling Within Months
Wednesday, December 7, 2022 - 3:04am | 491Meta Platforms Inc. (NASDAQ: META) shares slumped about 7% on Tuesday amid reports of a regulatory setback in Europe. Undeterred by the sell-off, Empirical Financial’s Whitney Tilson threw his weight behind the company and the stock. What Happened: Meta is facing at least eight...
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'I Love Investing In Markets In Which Other Investors Are Panicking': Former Hedge Fund Manager Shares Ethereum Trade Idea
Monday, November 28, 2022 - 12:58pm | 708Former hedge fund manager Whitney Tilson used a weekly email to subscribers to share a potential trade idea centered around Ethereum (CRYPTO: ETH), the second-largest cryptocurrency. What Happened: Tilson is a well-known voice covering the markets daily. The former hedge fund manager has...
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Elon Musk Calls For A 0.25% Fed Funds Rate Cut A Day After Inflation Data Spooked Market
Wednesday, September 14, 2022 - 7:27am | 428Tuesday’s inflation data triggered a steep sell-off in equities and other financial assets. What Happened: Ahead of the August inflation report, Ark Invest founder Cathie Wood made an argument for an impending deflation through a series of tweets. To prove her point, she listed a number of...
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Hot Take: Twitter Investors Should Buy The Dip Amid Whistleblower Allegations
Wednesday, August 24, 2022 - 6:47pm | 1070A whistleblower complaint against Twitter Inc (NYSE: TWTR) claimed the company may not be 100% truthful with its claims of the impact of bots and spam accounts. What could the whistleblower mean for Tesla Inc (NASDAQ: TSLA) CEO Elon Musk in his fight over a planned $44 billion acquisition of...
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Former Hedge Fund Manager Calls Out Ryan Cohen's Bed Bath & Beyond Trade, Complains To SEC: 'What A Total Disgrace'
Thursday, August 18, 2022 - 4:37pm | 730Former hedge fund manager Whitney Tilson is sounding the alarm on popular meme stock Bed Bath & Beyond Inc (NASDAQ: BBBY) and calling out Ryan Cohen’s investment in the company. Here’s what Tilson has to say. What Happened: In an email Wednesday, Tilson highlighted the...
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Could Donald Trump's SPAC Deal Fall Apart? Here Are The Stakes
Thursday, August 18, 2022 - 11:24am | 875One of the best-performing stocks of 2021 was a SPAC merger between former President Donald Trump’s media company and the parent company of his social media platform, Truth Social. In 2022, however, the scenario has changed. Shares have fallen and could see further downside based on an...
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EXCLUSIVE: Why One Top Hedge Fund Manager Is Bullish On US Cannabis Stocks
Thursday, July 28, 2022 - 11:03am | 1014Investment expert and former hedge fund manager Whitney Tilson, current president and CEO of Empire Financial Research, recently stopped by Benzinga Cannabis Hour to discuss his investment thesis including his 2022 outlook as it pertains to the booming cannabis industry....
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Sweet Home Chicago: Come For The Cannabis Conference, Stay For The Blues Brothers, The History And The Music!
Friday, July 15, 2022 - 3:11pm | 821It’s been over four decades since the release of the watershed film that spread Chicago’s soul sounds around the world when "The Blues Brothers" tore up the streets, the churches, the parks, the coffee shops, the hotels, the back alleys and most of the Windy City....
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Ark Innovation Fund Rallies: Should Investors Still Avoid ARKK 'At All Costs'?
Tuesday, June 7, 2022 - 11:05am | 473The ARK Innovation ETF (NYSE: ARKK) has had a brutal year, falling more than 60% over the past 12 months compared to just a negative 2.5% total return for the SPDR S&P 500 ETF Trust (NYSE: SPY) in that same stretch. The ARKK fund has bounced a bit in three weeks, gaining 5% overall. However,...
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Time to Get Out Of Cryptos, Hedge Fund Manager Says After Thursday's 'Lehman Moment'
Monday, May 16, 2022 - 12:04am | 370The cryptocurrency market has been in the doldrums, and the correction has polarized people over whether a bottom has been reached. What Happened: Hedge fund manager Whitney Tilson said on Thursday that it was time to get out of cryptocurrencies and wait to "rejoin the game."...
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Trump SPAC Deal Will Never Get Approved By SEC, Short Seller Says: What Investors Should Know
Wednesday, April 20, 2022 - 3:25pm | 772A noted short seller has taken a short position in one of the most notable SPAC deals that involves a former U.S. president. What Happened: Kerrisdale Capital issued a short report on Digital World Acquisition Corp (NASDAQ: DWAC) Wednesday. Digital World Acquisition Corp announced a SPAC...
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Does Elon Musk's Investment Make Twitter A Serious Buyout Candidate?
Tuesday, April 5, 2022 - 5:39pm | 677Twitter Inc (NYSE: TWTR) shares are up 30.4% this week after Tesla Inc (NASDAQ: TSLA) CEO and world's richest man Elon Musk disclosed a new 9.2% ownership stake in Twitter and announced on Tuesday joined Twitter's board of directors. Musk tweeted he is already "working...
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Is The Recent Rally In GameStop Really A 'Classic Dead-Cat Bounce'?
Thursday, March 24, 2022 - 3:01pm | 459Shares of GameStop Corp. (NYSE: GME) have rallied 46% in the past five days, giving meme stock investors renewed optimism a turnaround is just around the corner. Whitney Tilson, former hedge fund manager and CEO of Empire Financial Research, says meme stocks are simply experiencing a...
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How Investors Can Take Advantage Of Others' Mistakes After A Wild Week In The Stock Market
Friday, February 4, 2022 - 5:30pm | 488The SPDR S&P 500 ETF Trust (NYSE: SPY) experienced yet another week of wild trading to open the month of February as the climate of extreme market volatility continued. Several blue-chip stocks experienced huge swings in share prices this week after reporting fourth-quarter earnings numbers....