Institutional investors were bullish on technology and financials during the fourth quarter of 2024 as these sectors saw major inflows, according to 13F filings with the Securities Exchange Commission (SEC). Investors were seen pulling back from the healthcare sector. What Happened: 13F filings are mandatory reports filed by the managers overseeing at least $100 million […]

After Nike Inc. (NYSE:NKE) delivered its second-quarter earnings beating analyst estimates, its new CEO Elliott Hill rebuked his predecessor’s strategies and said that the athletic footwear and apparel brand was not maximizing its strengths. What Happened: Nike reported second-quarter revenue of $12.35 billion, beating analyst estimates of $12.13 billion. The company reported second-quarter earnings of […]

Bitcoin miner MARA Holdings Inc (NASDAQ:MARA) recently completed its $850 million offering of 0% convertible senior notes due 2031. This happened soon after it completed a $1 billion offering of 0% convertible senior notes due 2030 in November. What Happened: The sale of the notes was completed in two days as the initial purchasers flocked […]