Jefferies Group acquired 1.73 Million Amazon.com shares worth $299 Million. That's 4.18% of their equity portfolio (4th largest holding). The first Amazon.com trade was made in Q4 2022. Since then Jefferies Group bought shares four more times and sold shares on four occasions. The investor's estimated purchase price is $338 Million, resulting in a loss of 12%.
Malcolm Ethridge, managing partner at Capital Area Planning Group, joins CNBC's 'Halftime Report' to detail why he's buying the two tech giants.
Credo Technology Group CRDO issued its third-quarter earnings report on Tuesday. It reported quarterly earnings of 25 cents per share.
Just a few weeks ago, Tempus AI (NASDAQ: TEM) rocketed from about 44% higher. All on news it just acquired Ambry Genetics, a well-known leader in genetic tes...
Competition for BT Group PLC (LSE:BT.A) and Virgin Media O2 is already hot and is soon set to get hotter after the UK regulator approved an application for s...