The Latest in IT Security

‘Loeb effect’ buoys social media site for investors

07
Feb
2014

By Svea Herbst-Bayliss and Emily Flitter BOSTON/NEW YORK (Reuters) – In the past, billionaire investor Daniel Loeb would often wait for an industry conference before revealing his investment ideas. The hedge fund manager and some other prominent investors have now turned to Harvest Exchange, a new website designed for investors, to release news of their big bets. Such announcements — including Loebs bet on Dow Chemicals and Kyle Bass bet on General Motors — often lead to big swings in share prices as other investors pile on.

Comments are closed.

Categories

FRIDAY, MARCH 29, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments