It's no secret: The world's most successful money managers are piling into these five prominent stocks for the new year.Sometimes, Wall Street gives investors a lemon. In 2022, each of the major U.S. stock indexes dipped into abear market, while the bond market is on pace for its worst yearever. There simply haven't been many safe-havens.But when Wall Street gives investors lemons, billionaire money managers turn those lemons into lemonade. Despite a decline of as much as 38% for the tech-focusedNasdaq Compositefrom its November 2021 peak, billionaires have stood their ground and put their money to work on Wall Street.Based on the latest round of 13F filings with the Securities and Exchange Commission, billionaire money managers clearly want to own the following five stocks in 2023.IMAGE S
An eye for an eye will only make the whole world blind.”― Mahatma Gandhi We have not looked back onVerona Pharma plc (NASDAQ:VRNA)since our lastarticleon this small biopharma concern from across thepond early in 2021. The stock has had a huge move up over the past few months on positive news flow. An updated analysis follows below.This London-based pre-clinical concern is focused on the development and commercialization of therapies for the treatment of respiratory diseases with unmet medical needs. The stock currently trades around $12.50 a share and sports an approximate market capitalization of $950 million.Verona's primary asset within its pipeline is called ensifentrine. Ensifentrine combines bronchodilator and anti-inflammatory properties in one compound and has the potential to be a
FTSE Elliott Wave Zigzag Decline in ProgressDecember 21, 2022ByEWFHendraCycle from 10.13.2022 low in FTSE ended at 7600.11 on 12.1.2022 as wave (1). Subdivision of wave (1) unfolded as a 5 waves impulse structure. Up from 10.13.2020 low, wave 1 ended at 7017.4 and pullback in wave 2 ended at 6864.13. The Index extends higher again in wave 3 towards 7498.34, and pullback in wave 4 ended at 7420. Final leg wave 5 ended at 7599.70 which completed wave (1).Wave (2) pullback is currently in progress as azigzag Elliott Wave structure. Down from wave (1), wave (i) ended at 7429 and rally in wave (ii) ended at 7553.36. Index extends lower in wave (iii) towards 7305.72, rally in wave (iv) ended at 7385.38 and final leg lower wave (v) ended at 7302.82. This completed wave ((i)) of A. Index should no
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Wow must be hard and very sad being you...buying roughly 100,000 shares in 3 days and selling at $20 and making 250,000 but yet you still say your long and up 65% and you also started a small short position of 22,000 at @$23 hahaha can barely keep up good news I'm on my 2nd bag of popcorn better than a TV show!!$Upstart Holdings, Inc.(UPST)$
Zuckerberg Says He Was More Thoughtful About Meta Layoffs Than Musk's Job Cuts At Twitter Last week $Meta Platforms, Inc.(META)$ CEO Mark Zuckerberg announced 11,000 job cuts, 13% of its total workforce. Following the revelation, Zuckerberg said he was accountable for missteps at the social media giant as the company announced the mass firing. Meta's layoff came just days after $Tesla Motors(TSLA)$ Bullish, Twitter CEO Elon Musk announced thousands of job cuts just a week after his takeover. According to a recent Insider report, Zuckerberg said he handled the layoff situation at his organization better than Musk. At a company town hall meeting on Friday, he said M