These Are the Top Ten Holdings of Karthik Sarma

Karthik Sarma is the Managing Partner and founder of SRS Investment Management. Sarma founded SRS Investment Management in 2006, and prior to this, he was a Managing Director at Tiger Global Management. He joined Tiger Global Management within a few mo…

Questions About The Fear Of 20% S&P 500 Corrections

For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: A funny thing happened on Friday, May 20 – the “Fear of 20” kicked in once again. The S&P closed the day before at 3,900.79, down 18.7% from …

Xiaomi Co: Facing Macro Headwinds

Xiaomi Co. (OTCMKTS:XIACF) is currently down 35.70% YTD as it struggles with global macroeconomic headwinds. During the company’s most recent earnings call, Xiaomi gave reasons for its underperformance. Executives stated that the resurgence of COVID-19…

Activist Targets Groupon As Insiders Gobble Up Shares

Activist RPD Fund Management, on June 2, unveiled plans to shake up Groupon Inc (NASDAQ:GRPN), saying it has built its stake to just under ten percent and will initiate talks with the company. RPD, based in New York and run by Ahmet Okumus, has owned s…

Tesla’s Confusing Hiring Freeze

In his podcast addressing the markets today Louis Navellier offered the following commentary. Treasury Bond Yields Are Headed HigherThe 10-year Treasury bond yields are headed higher. It has not broken 3% but it woke up from a slumber and is headed hig…