Latest news with #DavidSiegel
Yahoo
06-06-2025
- Health
- Yahoo
Victoria's Voice Foundation addresses naloxone importance on Capital Hill
In an effort to raise awareness of the importance of naloxone, the Orlando-based Victoria's Voice Foundation was on Capitol Hill Friday for National Naloxone Awareness Day. The Victoria's Voice Foundation was founded by David Siegel and his wife after losing their daughter, Victoria, to an overdose. The foundation was one of many ways Siegel gave back to the community. 'Quite literally, with the use of this medicine, as innocent and as easy to administer as it is, you can reverse the effects of an overdose or poisoning immediately, giving somebody else and their family a second shot at life,' said Seminole County Sheriff Dennis Lemma. The Victoria's Voice Foundation has impacted more than 1 million families through its education and outreach programs. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
Yahoo
10-05-2025
- Business
- Yahoo
Coinbase Global, Inc. (COIN): Among Billionaire Quants' Two Sigma's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Coinbase Global, Inc. (NASDAQ:COIN) stands against other billionaire quants' two sigma's stock picks with huge upside potential. is one of the leading players in the quantitative hedge fund space, according to Archive Market Research's analysis. The quant fund operates as an investment management company and was founded in 2001 by David Siegel, a computer scientist, and John Overdeck, a mathematician. The fund manages $60 billion worth of assets as of April 2025. Quant funds and their multi-strategy counterparts often do well in the market. A Reuters analysis found that many quant hedge funds posted double-digit growth in 2024. This growth happened despite 'negative drivers' in sectors like energy, metals, and European equities. Two Sigma, alongside quant funds like D.E. Shaw and Citadel, also managed solid performance last year. The hedge fund's Spectrum Fund returned 10.9% and 14.3% for the Absolute Return Enhanced Fund. But one might argue that for a hedge fund that relies on complex algorithms to make investment decisions, the asset manager should have beat the market. For context, the S&P 500 finished 2024 with a total gain of 25.0%. READ ALSO: Billionaire Ray Dalio's Bridgewater's 10 Stock Picks with Huge Upside Potential and Billionaire Mario Gabelli's 10 Large-Cap Stock Picks with Huge Upside Potential. In August last year, the billionaire founders of the hedge fund exited from active management because they couldn't resolve tension between them. 'Over the past year and a half, we and our senior management team have dedicated significant effort to securing the long-term success and stability of Two Sigma. Throughout this process, our own roles have been a central consideration. Today, we are confident that stepping back from our day-to-day management roles is the right decision at this time,' the co-founders said in a letter to investors. But recent reports indicate that Overdeck is returning to active management. 'John has determined now is the right time for him to return to this role in order to progress certain priorities and decisions he believes are important to the future of Two Sigma,' Two Sigma said in a letter. Siegel chose to remain outside of the fund's top ranks but had 'full confidence' in Scott Hoffman, one of the Co-CEOs who took over last year. It is good news that Two Sigma won't be held back by feuding management because they need it to navigate a challenging market. According to a Reuters analysis, the risk of recession is alarming, even though it may not be as clear-cut. The report quoted Zurich Insurance Group's chief market strategist, Guy Miller, who said that the risk of a US recession is quite plausible. 'Recession risks have risen markedly even if there are some deals struck on tariffs. The risk of a U.S. recession is 50-50, it's that close.' We sifted through Two Sigma Advisors' SEC Q4 2024 13F filings to create this list. We primarily targeted the fund's most valuable equity holdings (excluding ETFs and options) and then ranked the picks based on analyst price targets as of May 8, 2025. We picked stocks with an upside potential of at least 30% and then selected the top 10. We have also added the broader hedge fund sentiment for the stocks, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A shot of someone securely accepting crypto assets as payment, showcasing the company's payment Global, Inc. (NASDAQ:COIN) is the largest cryptocurrency exchange platform in the United States. It provides a marketplace for buying, selling, transferring, and storing digital assets. The company's product lineup includes Coinbase Exchange, Coinbase Wallet, Coinbase Prime, Coinbase Commerce, Coinbase Cloud, and Coinbase NFT. Coinbase Global, Inc. (NASDAQ:COIN) is expanding its partnerships and product offerings. On May 6, the company announced a partnership with Riot Games. The deal makes Coinbase (NASDAQ:COIN) the exclusive cryptocurrency exchange and official blockchain technology partner for global League of Legends and VALORANT esports events. The collaboration will introduce new in-game segments like an 'Econ Report' in VALORANT and 'Gold Grind' in League of Legends. About a week ago, Coinbase Global, Inc. (NASDAQ:COIN) launched the Coinbase Bitcoin Yield Fund. The product targets institutional investors with 4-8% net returns in Bitcoin per year. This move addresses growing institutional demand for Bitcoin yield through a conservative strategy designed to lower investment and operational risks. On May 7, 2025, Coinbase Global, Inc. (NASDAQ:COIN) received a downgrade from analysts at Monness, Crespi, Hardt. The analysts changed their rating from Buy to Neutral and removed their price target ahead of Coinbase's (NASDAQ:COIN) first-quarter earnings report. The analysts cited concerns about potentially weaker-than-expected financial results, subdued quarter-to-date transaction revenue, and the possibility of disappointing second-quarter guidance. Overall, COIN ranks 6th on our list of billionaire quants' two sigma's stock picks with huge upside potential. While we acknowledge the potential of COIN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than COIN but that trades at less than 5 times its earnings check out our report about this READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
Thermo Fisher Scientific Inc. (TMO): Among Billionaire Quants' Two Sigma's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Thermo Fisher Scientific Inc. (NYSE:TMO) stands against other billionaire quants' two sigma's stock picks with huge upside potential. is one of the leading players in the quantitative hedge fund space, according to Archive Market Research's analysis. The quant fund operates as an investment management company and was founded in 2001 by David Siegel, a computer scientist, and John Overdeck, a mathematician. The fund manages $60 billion worth of assets as of April 2025. Quant funds and their multi-strategy counterparts often do well in the market. A Reuters analysis found that many quant hedge funds posted double-digit growth in 2024. This growth happened despite 'negative drivers' in sectors like energy, metals, and European equities. Two Sigma, alongside quant funds like D.E. Shaw and Citadel, also managed solid performance last year. The hedge fund's Spectrum Fund returned 10.9% and 14.3% for the Absolute Return Enhanced Fund. But one might argue that for a hedge fund that relies on complex algorithms to make investment decisions, the asset manager should have beat the market. For context, the S&P 500 finished 2024 with a total gain of 25.0%. READ ALSO: Billionaire Ray Dalio's Bridgewater's 10 Stock Picks with Huge Upside Potential and Billionaire Mario Gabelli's 10 Large-Cap Stock Picks with Huge Upside Potential. In August last year, the billionaire founders of the hedge fund exited from active management because they couldn't resolve tension between them. 'Over the past year and a half, we and our senior management team have dedicated significant effort to securing the long-term success and stability of Two Sigma. Throughout this process, our own roles have been a central consideration. Today, we are confident that stepping back from our day-to-day management roles is the right decision at this time,' the co-founders said in a letter to investors. But recent reports indicate that Overdeck is returning to active management. 'John has determined now is the right time for him to return to this role in order to progress certain priorities and decisions he believes are important to the future of Two Sigma,' Two Sigma said in a letter. Siegel chose to remain outside of the fund's top ranks but had 'full confidence' in Scott Hoffman, one of the Co-CEOs who took over last year. It is good news that Two Sigma won't be held back by feuding management because they need it to navigate a challenging market. According to a Reuters analysis, the risk of recession is alarming, even though it may not be as clear-cut. The report quoted Zurich Insurance Group's chief market strategist, Guy Miller, who said that the risk of a US recession is quite plausible. 'Recession risks have risen markedly even if there are some deals struck on tariffs. The risk of a U.S. recession is 50-50, it's that close.' We sifted through Two Sigma Advisors' SEC Q4 2024 13F filings to create this list. We primarily targeted the fund's most valuable equity holdings (excluding ETFs and options) and then ranked the picks based on analyst price targets as of May 8, 2025. We picked stocks with an upside potential of at least 30% and then selected the top 10. We have also added the broader hedge fund sentiment for the stocks, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A workstation in a research lab stocked with laboratory products and Fisher Scientific Inc. (NYSE:TMO) is a global leader in scientific research and laboratory solutions. It provides tools, technologies, and services to help scientists, healthcare professionals, and businesses advance discoveries and improve lives. The company has recently made several moves to strengthen its market position. On April 24, 2025, Thermo Fisher Scientific Inc. (NYSE:TMO) announced a $2 billion investment in the US over the next four years. The first $1.5 billion will be allocated to capital expenditures for enhancing and expanding US manufacturing operations, and $500 million will go to R&D focused on high-impact innovation. This investment builds on the company's substantial presence in US manufacturing, which already includes 64 operations across 37 states. On April 28, 2025, Thermo Fisher Scientific Inc. (NYSE:TMO) introduced an enhanced platform technology and a new CHO K-1 cell line that can reduce timelines to Investigational New Drug (IND) filing from 13 to nine months. The solution helps biotech and pharmaceutical companies overcome logistical complexities in pre-clinical biologic drug development. The company has also taken some cost-cutting measures. On May 3, 2025, Thermo Fisher (NYSE:TMO) announced it would close its location near downtown Orlando and lay off 58 employees. The move will primarily affect researchers, nurses, and staff tied to its PPD Clinical Research Services division. On April 25, Scotiabank analyst Sung Ji Nam adjusted the price target for Thermo Fisher Scientific Inc. (NYSE:TMO) to $605 from $650. Nam wrote that although the company surpassed expectations in its first quarter results of 2025, it revised the full-year guidance. Nevertheless, Nam maintained a Sector Perform rating. Overall, TMO ranks 5th on our list of billionaire quants' two sigma's stock picks with huge upside potential. While we acknowledge the potential of TMO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TMO but that trades at less than 5 times its earnings check out our report about this READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
10-05-2025
- Business
- Yahoo
NVIDIA Corporation (NVDA): Among Billionaire Quants' Two Sigma's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other billionaire quants' two sigma's stock picks with huge upside potential. is one of the leading players in the quantitative hedge fund space, according to Archive Market Research's analysis. The quant fund operates as an investment management company and was founded in 2001 by David Siegel, a computer scientist, and John Overdeck, a mathematician. The fund manages $60 billion worth of assets as of April 2025. Quant funds and their multi-strategy counterparts often do well in the market. A Reuters analysis found that many quant hedge funds posted double-digit growth in 2024. This growth happened despite 'negative drivers' in sectors like energy, metals, and European equities. Two Sigma, alongside quant funds like D.E. Shaw and Citadel, also managed solid performance last year. The hedge fund's Spectrum Fund returned 10.9% and 14.3% for the Absolute Return Enhanced Fund. But one might argue that for a hedge fund that relies on complex algorithms to make investment decisions, the asset manager should have beat the market. For context, the S&P 500 finished 2024 with a total gain of 25.0%. READ ALSO: Billionaire Ray Dalio's Bridgewater's 10 Stock Picks with Huge Upside Potential and Billionaire Mario Gabelli's 10 Large-Cap Stock Picks with Huge Upside Potential. In August last year, the billionaire founders of the hedge fund exited from active management because they couldn't resolve tension between them. 'Over the past year and a half, we and our senior management team have dedicated significant effort to securing the long-term success and stability of Two Sigma. Throughout this process, our own roles have been a central consideration. Today, we are confident that stepping back from our day-to-day management roles is the right decision at this time,' the co-founders said in a letter to investors. But recent reports indicate that Overdeck is returning to active management. 'John has determined now is the right time for him to return to this role in order to progress certain priorities and decisions he believes are important to the future of Two Sigma,' Two Sigma said in a letter. Siegel chose to remain outside of the fund's top ranks but had 'full confidence' in Scott Hoffman, one of the Co-CEOs who took over last year. It is good news that Two Sigma won't be held back by feuding management because they need it to navigate a challenging market. According to a Reuters analysis, the risk of recession is alarming, even though it may not be as clear-cut. The report quoted Zurich Insurance Group's chief market strategist, Guy Miller, who said that the risk of a US recession is quite plausible. 'Recession risks have risen markedly even if there are some deals struck on tariffs. The risk of a U.S. recession is 50-50, it's that close.' We sifted through Two Sigma Advisors' SEC Q4 2024 13F filings to create this list. We primarily targeted the fund's most valuable equity holdings (excluding ETFs and options) and then ranked the picks based on analyst price targets as of May 8, 2025. We picked stocks with an upside potential of at least 30% and then selected the top 10. We have also added the broader hedge fund sentiment for the stocks, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a colorful high-end graphics card being plugged in to a gaming Corporation (NASDAQ:NVDA) is the world's leading designer of graphics processing units (GPUs) and the dominant provider of chips powering the AI revolution. The company's products span gaming, professional visualization, data centers, and automotive markets. The semiconductor giant, currently valued at $2.86 trillion (May 8, 2025), is reeling from the effects of the ongoing trade restrictions. On May 6, 2025, CEO Jensen Huang expressed concerns about being locked out of China's AI market. He estimated that the market could reach $50 billion in the next two to three years and that it's a 'tremendous loss' missing out on it. Last month, the Trump administration restricted the shipment of NVIDIA Corporation's (NASDAQ:NVDA) H20 chips to China without a license, leading to a $5.5 billion quarterly charge. Adding to the complexity, on May 7, 2025, Bloomberg reported that the Trump administration plans to rescind some Biden-era AI chip curbs. However, the government will maintain measures targeting China, potentially reshaping global semiconductor trade restrictions. Despite these headwinds, institutional investors continue to show strong interest in NVIDIA Corporation (NASDAQ:NVDA). ARK Invest recently purchased 107,661 shares valued at $12,223,829. On May 5, 2025, Piper Sandler reaffirmed its Overweight rating on NVIDIA Corporation (NASDAQ:NVDA) stock, maintaining a $150.00 price target. The firm cited a sensitivity analysis that it did on NVIDIA's (NASDAQ:NVDA) data center revenues to assess the potential impacts of a capital expenditure slowdown. It found that approximately 6.45% of the company's total data center revenue could be at risk, potentially affecting earnings per share by roughly $0.40. Overall, NVDA ranks 3rd on our list of billionaire quants' two sigma's stock picks with huge upside potential. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings check out our report about this READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
BILL Holdings, Inc. (BILL): Among Billionaire Quants' Two Sigma's Stock Picks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where BILL Holdings, Inc. (NYSE:BILL) stands against other billionaire quants' two sigma's stock picks with huge upside potential. is one of the leading players in the quantitative hedge fund space, according to Archive Market Research's analysis. The quant fund operates as an investment management company and was founded in 2001 by David Siegel, a computer scientist, and John Overdeck, a mathematician. The fund manages $60 billion worth of assets as of April 2025. Quant funds and their multi-strategy counterparts often do well in the market. A Reuters analysis found that many quant hedge funds posted double-digit growth in 2024. This growth happened despite 'negative drivers' in sectors like energy, metals, and European equities. Two Sigma, alongside quant funds like D.E. Shaw and Citadel, also managed solid performance last year. The hedge fund's Spectrum Fund returned 10.9% and 14.3% for the Absolute Return Enhanced Fund. But one might argue that for a hedge fund that relies on complex algorithms to make investment decisions, the asset manager should have beat the market. For context, the S&P 500 finished 2024 with a total gain of 25.0%. READ ALSO: Billionaire Ray Dalio's Bridgewater's 10 Stock Picks with Huge Upside Potential and Billionaire Mario Gabelli's 10 Large-Cap Stock Picks with Huge Upside Potential. In August last year, the billionaire founders of the hedge fund exited from active management because they couldn't resolve tension between them. 'Over the past year and a half, we and our senior management team have dedicated significant effort to securing the long-term success and stability of Two Sigma. Throughout this process, our own roles have been a central consideration. Today, we are confident that stepping back from our day-to-day management roles is the right decision at this time,' the co-founders said in a letter to investors. But recent reports indicate that Overdeck is returning to active management. 'John has determined now is the right time for him to return to this role in order to progress certain priorities and decisions he believes are important to the future of Two Sigma,' Two Sigma said in a letter. Siegel chose to remain outside of the fund's top ranks but had 'full confidence' in Scott Hoffman, one of the Co-CEOs who took over last year. It is good news that Two Sigma won't be held back by feuding management because they need it to navigate a challenging market. According to a Reuters analysis, the risk of recession is alarming, even though it may not be as clear-cut. The report quoted Zurich Insurance Group's chief market strategist, Guy Miller, who said that the risk of a US recession is quite plausible. 'Recession risks have risen markedly even if there are some deals struck on tariffs. The risk of a U.S. recession is 50-50, it's that close.' We sifted through Two Sigma Advisors' SEC Q4 2024 13F filings to create this list. We primarily targeted the fund's most valuable equity holdings (excluding ETFs and options) and then ranked the picks based on analyst price targets as of May 8, 2025. We picked stocks with an upside potential of at least 30% and then selected the top 10. We have also added the broader hedge fund sentiment for the stocks, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A group of finance professionals hard at work in an office, signifying accounts payable and accounts Holdings, Inc. (NYSE:BILL) is a financial operations platform for small and midsize businesses (SMBs). The company provides a suite of software solutions (BILL Platform, Divvy, Invoice2go, and BILL Pay) that help SMBs manage their accounts payable, accounts receivable, expense management, and other financial workflows through a single integrated platform. In Q2 fiscal 2025, BILL Holdings, Inc.'s (NYSE:BILL) total revenue increased 14% year-over-year to $362.6 million. Core revenue, which consists of subscription and transaction fees, grew even faster at 16% year-over-year to reach $319.6 million. The company's customer base expanded to 481,300 businesses as of the quarter end, processing $84 billion in total payment volume, up 13% from the previous year. In late April 2025, the company revealed that Xero, a global small business platform, would leverage BILL Holdings, Inc.'s (NYSE:BILL) technology to launch US online bill payments. This integration allows SMBs to pay bills without leaving the Xero platform. The integration addresses a critical need as Xero's research found that 38% of SMBs struggle with tracking due dates and 20% cite difficulties managing and paying bills in one place. On April 30, 2025, KeyBanc adjusted its price target for BILL Holdings, Inc. (NYSE:BILL) to $60 from $70 while maintaining an Overweight rating. The firm cited 'modestly softer spend' anticipated in the second half of 2025. Overall, BILL ranks 10th on our list of billionaire quants' two sigma's stock picks with huge upside potential. While we acknowledge the potential of BILL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BILL but that trades at less than 5 times its earnings check out our report about this READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
