Warby Parker, Ginkgo are among ‘Tiger Cubs’ hedge funds’ hot IPO bets

Julian H. Robertson Jr. speaks at the 2017 Alpha Delivery Conference in New York on September 12, 2017. David A. Grosjean | CNBC Julian Robertson, legendary investor and hedge fund pioneer, has mentored dozens of carryovers throughout his 50-year career. They were given the nickname “Tiger Cubs” from Robertson’s hedge fund Tiger Management. Some of … Read more

This is Morgan Stanley’s preferred luxury stock within the metaverse

Customers shop at South Coast Plaza, June 11, 2020 in Costa Mesa, California. Allen J. Cockroaches | Los Angeles Times | Getty Images Analysts at Morgan Stanley have named stocks to watch as luxury brands turn their attention to the metaverse, picking one stock in particular that they say is best to capitalize on the … Read more

Moderna, Robinhood, Boeing and more

A Moderna sign is seen outside their headquarters in Cambridge, Massachusetts on March 11, 2021. Boston Globe | Getty Images Check out which companies are making the headlines in midday trading. United Airlines, Boeing – Shares of travel-related stocks fell after Austria announced earlier in the day that it would enter a full national lockdown … Read more

Foot locker, Dillard’s, Farfetch and others

Check out the companies making headlines before the bell: Foot Locker, Florida — Foot Locker fell 3.6% in the primary market after the athletic footwear and apparel retailer said it expects global supply chain constraints to continue this quarter. The decline comes despite the outperformance on both the top and bottom lines of Foot Locker’s … Read more

Activist hopes to split Macy’s digital biz but experts raise red flags

Macy’s Herald Square flagship store in Midtown Manhattan, New York. Nicholas Economo | Norfoto | Getty Images An activist investor is pressing Macy’s to separate its digital operations from its stores in a bid to unlock value in the 162-year-old chain of stores. And while it might be an attractive move in the short term, … Read more