Quantum Capital Management Lifted Nvr (NVR) Holding by $810731 as Stock Price Rose …

Northstar Investment Advisors Llc increased its stake in Alibaba Group Hldg Adr (BABA) by 291.57% based on its latest 2019Q1 regulatory filing with …

Northstar Investment Advisors Llc increased its stake in Alibaba Group Hldg Adr (BABA) by 291.57% based on its latest 2019Q1 regulatory filing with the SEC. Northstar Investment Advisors Llc bought 21,369 shares as the company’s stock declined 8.56% . The institutional investor held 28,698 shares of the business services company at the end of 2019Q1, valued at $5.24M, up from 7,329 at the end of the previous reported quarter. Northstar Investment Advisors Llc who had been investing in Alibaba Group Hldg Adr for a number of months, seems to be bullish on the $436.05 billion market cap company. The stock increased 0.77% or $1.28 during the last trading session, reaching $167.48. About 8.06 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has declined 6.34% since August 29, 2018 and is downtrending. It has underperformed by 6.34% the S&P500. Some Historical BABA News: 30/03/2018 – Alibaba founders bet on US subscription clothing pioneer; 18/03/2018 – ALIBABA SAYS TO INVEST ADDITIONAL $2 BLN IN LAZADA GROUP; 13/03/2018 – NETEASE CLOUD MUSIC SAYS CO, ALIMUSIC JOINTLY ENTERED INTO A CROSS-LICENSING AGREEMENT WITH RESPECT TO MUSIC COPYRIGHTS; 08/05/2018 – Alibaba expands South Asia footprint, snapping up Pakistani online retailer Daraz; 02/04/2018 – SoftBank, Alibaba to invest $445 million in Indian e-retailer Paytm E-Commerce; 15/03/2018 – Alibaba extends grip in emerging Asia with local data centers; 17/04/2018 – Alibaba-Backed Prenetics Acquires UK-Based DNAFit, a Global Leader in Consumer Genetic Testing; 09/04/2018 – ALIBABA’S MA TO ABANDON U.S. JOB VOW IF TIE WORSENS: CHINA NEWS; 30/05/2018 – Sen. @MarkWarner: In tech, Chinese companies are operating in a different rule book than us. It is a government that will force companies and censor them. Alibaba, Tencent and others, they are all penetrated deeply by the Chinese government; 04/05/2018 – Alibaba revenues rise but Ant Financial makes a net loss

Quantum Capital Management Llc increased its stake in Nvr Inc (NVR) by 2.06% based on its latest 2019Q1 regulatory filing with the SEC. Quantum Capital Management Llc bought 293 shares as the company’s stock rose 5.05% . The institutional investor held 14,547 shares of the capital goods company at the end of 2019Q1, valued at $40.25 million, up from 14,254 at the end of the previous reported quarter. Quantum Capital Management Llc who had been investing in Nvr Inc for a number of months, seems to be bullish on the $13.19 billion market cap company. The stock increased 0.47% or $16.77 during the last trading session, reaching $3608.66. About 13,887 shares traded. NVR, Inc. (NYSE:NVR) has risen 23.37% since August 29, 2018 and is uptrending. It has outperformed by 23.37% the S&P500. Some Historical NVR News: 30/04/2018 – Fidelity Growth Strategies Adds NVR, Exits Henry Schein; 19/04/2018 – NVR 1Q EPS $39.34; 19/04/2018 – NVR Inc 1Q Net $166M; 19/04/2018 – NVR 1Q NET ORDERS +17%; 23/04/2018 – NVR, LGI Homes Show Highest ROE; Big Builders Seen Flat at 16%; 23/04/2018 – SOHN CONFERENCE: KHOURY SAYS DHI COULD TRADE AT $71.50, CURRENTLY TRADING AT $43.40; 16/05/2018 – NVR, LGI Homes Show Highest ROE; Big Builders Seen Down to 16%; 19/04/2018 – NVR Inc 1Q Rev $1.49B; 28/03/2018 – S&PGR AFFIRMS NVR RATINGS, OUTLOOK REMAINS STABLE; 31/05/2018 – DGAP-NVR: AROUNDTOWN SA DISCLOSURE OF THE TOTAL NUMBER OF VOTING RIGHTS AND CAPITAL, IN ACCORDANCE WITH THE LAW AND GRAND-DUCAL REGULATION OF 11 JANUARY 2008 ON TRANSPARENCY REQUIREMENTS FOR

Northstar Investment Advisors Llc, which manages about $492.79 million and $538.82 million US Long portfolio, decreased its stake in Realty Income Corp (NYSE:O) by 4,628 shares to 144,265 shares, valued at $10.61M in 2019Q1, according to the filing. It also reduced its holding in Vanguard Index Trust Total Stock Market Index (VTI) by 8,975 shares in the quarter, leaving it with 25,725 shares, and cut its stake in Celgene Corp (NASDAQ:CELG).

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Seekingalpha.com which released: “Stocks To Watch: Macro Headaches For Investors – Seeking Alpha” on August 24, 2019, also Finance.Yahoo.com with their article: “Did Alibaba Just Prove the Bears Wrong? – Yahoo Finance” published on August 16, 2019, Investorplace.com published: “5 Top Stock Trades for Friday: GM, AMD, WDC, QCOM, BABA – Investorplace.com” on August 01, 2019. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Finance.Yahoo.com and their article: “STMP or BABA: Which Is the Better Value Stock Right Now? – Yahoo Finance” published on August 19, 2019 as well as Fool.com‘s news article titled: “Why Aren’t the Bulls More Excited About Bilibili? – Motley Fool” with publication date: August 28, 2019.

More notable recent NVR, Inc. (NYSE:NVR) news were published by: Finance.Yahoo.com which released: “Here’s Why I Think NVR (NYSE:NVR) Might Deserve Your Attention Today – Yahoo Finance” on July 02, 2019, also Finance.Yahoo.com with their article: “What Can We Make Of NVR, Inc.’s (NYSE:NVR) High Return On Capital? – Yahoo Finance” published on May 22, 2019, Seekingalpha.com published: “NVR: Waiting For An Entry – Seeking Alpha” on August 02, 2019. More interesting news about NVR, Inc. (NYSE:NVR) were released by: Seekingalpha.com and their article: “NVR Q1 homebuilding revenue rises, new orders fall – Seeking Alpha” published on April 22, 2019 as well as Finance.Yahoo.com‘s news article titled: “Why We Think NVR, Inc. (NYSE:NVR) Could Be Worth Looking At – Yahoo Finance” with publication date: August 05, 2019.

NVR, Inc. (NYSE:NVR) Institutional Positions Chart

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Chinese AI start-up Megvii files for HK IPO of at least US$500m

Beijing-based Megvii, widely known for facial recognition platform Face++, may raise as much as US$1 billion in the IPO, said one of the people, who …

Hong Kong

CHINESE AI firm Megvii Technology Ltd, backed by Alibaba, has filed in Hong Kong to conduct an initial public offering (IPO) targeting proceeds of at least US$500 million, two people said, just as the city faces political unrest and its first recession in a decade.

Beijing-based Megvii, widely known for facial recognition platform Face++, may raise as much as US$1 billion in the IPO, said one of the people, who expects the share sale in the fourth quarter of the year.

The filing comes as companies postpone or slow down listing plans in a recession-bound city blighted with nearly three months of anti-government protests, and where the benchmark Hang Seng share price index fell to seven-month lows this month.

Reuters reported last week that China’s biggest e-commerce firm, Alibaba Group Holding Ltd, had delayed its up to US$15 billion Hong Kong listing.

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Megvii has decided to press ahead with its IPO plans because it has little business in Hong Kong and expects the unrest to ease later this year, said a third person.

Megvii declined to comment. The people who had direct knowledge of the matter declined to be identified as the information was not public yet.

Megvii, founded in 2011 by chief executive officer Yin Qi and two friends from Tsinghua University, would become the first Chinese artificial intelligence (AI) firm to go public in Hong Kong.

Its filing comes amid government plans for China to become an international leader in AI, a technology that is becoming increasingly central in various sectors.

Once the preserve of researchers, AI has grabbed the attention of businesses as varied as healthcare and financial services looking to use algorithms to comb through troves of data to recognise patterns and solve problems.

In May, Megvii raised US$750 million from investors including Bank of China Group Investment Ltd (BOCGI) Ltd and Australia’s Macquarie Group Ltd at a valuation of slightly over US$4 billion.

The company, also backed by Ant Financial, provides facial recognition and other AI technology to governments and companies including Alibaba, Ant Financial, Lenovo Group Ltd and Huawei Technologies Co Ltd.

It booked a loss of 3.35 billion yuan (S$650 million) on revenue of 1.43 billion yuan last year, widening the loss from 759 million yuan a year earlier. Its adjusted operating profit, which excludes one-off items such as share-based compensation payments, reached 75.7 million yuan last year, showed its draft prospectus.

It will use IPO proceeds primarily for research and development, marketing and sales plus global expansion and strategic investments opportunities, the prospectus showed.

Citigroup, Goldman Sachs and JPMorgan are joint sponsors of the IPO. REUTERS

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As Ebay INC (EBAY) Market Valuation Rose, Baupost Group LLC Boosted Position

Investors sentiment increased to 1.12 in 2019 Q1. Its up 0.47, from 0.65 in 2018Q4. It increased, as 44 investors sold EBAY shares while 230 reduced …

eBay Inc. (NASDAQ:EBAY) LogoInvestors sentiment increased to 1.12 in 2019 Q1. Its up 0.47, from 0.65 in 2018Q4. It increased, as 44 investors sold EBAY shares while 230 reduced holdings. 119 funds opened positions while 189 raised stakes. 711.61 million shares or 3.89% less from 740.38 million shares in 2018Q4 were reported. Wright Investors Ser Inc stated it has 0.09% in eBay Inc. (NASDAQ:EBAY). Hsbc Hldg Plc holds 0.05% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 783,354 shares. Rice Hall James Limited Liability Corp accumulated 48,418 shares or 0.06% of the stock. Windward Capital Mgmt Ca holds 0.81% or 170,944 shares. First Manhattan holds 0.03% or 144,992 shares in its portfolio. Tci Wealth holds 0.01% in eBay Inc. (NASDAQ:EBAY) or 543 shares. Commonwealth Savings Bank Of reported 153,122 shares. Adage Cap Partners Group Inc Lc holds 0.1% or 1.08 million shares in its portfolio. Cibc Ww stated it has 107,471 shares or 0.02% of all its holdings. Apg Asset Management Nv has 1.46M shares. The United Kingdom-based Merian Investors (Uk) Limited has invested 1.81% in eBay Inc. (NASDAQ:EBAY). American Research And Management Communication reported 1,100 shares. Charles Schwab Investment invested in 3.69M shares or 0.09% of the stock. Moreover, Umb Natl Bank N A Mo has 0.01% invested in eBay Inc. (NASDAQ:EBAY) for 11,442 shares. Oregon Public Employees Retirement Fund has invested 0.05% in eBay Inc. (NASDAQ:EBAY).

Since August 5, 2019, it had 1 insider buy, and 0 selling transactions for $232,736 activity.

Baupost Group Llc increased its stake in Ebay Inc (EBAY) by 39.46% based on its latest 2019Q1 regulatory filing with the SEC. Baupost Group Llc bought 8.29 million shares as the company’s stock rose 8.97% . The hedge fund held 29.29 million shares of the business services company at the end of 2019Q1, valued at $1.09B, up from 21.00M at the end of the previous reported quarter. Baupost Group Llc who had been investing in Ebay Inc for a number of months, seems to be bullish on the $32.97B market cap company. The stock increased 1.58% or $0.61 during the last trading session, reaching $39.31. About 2.15 million shares traded. eBay Inc. (NASDAQ:EBAY) has risen 22.33% since August 26, 2018 and is uptrending. It has outperformed by 22.33% the S&P500.

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: 247Wallst.com which released: “Music Industry Calls Out Amazon, eBay for Selling Counterfeit CDs – 24/7 Wall St.” on August 22, 2019, also Nasdaq.com with their article: “I’m More Interested in Buying Uber Stock Than Ever Before – Nasdaq” published on August 09, 2019, Benzinga.com published: “Seller-Focused Initiatives, Delivery Service Give KeyBanc Higher Confidence In eBay’s Earnings – Benzinga” on July 29, 2019. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Nasdaq.com and their article: “Noteworthy ETF Outflows: FDN, CRM, NFLX, EBAY – Nasdaq” published on August 20, 2019 as well as Nasdaq.com‘s news article titled: “Alibaba to Expand E-Commerce Presence With Kaola Acquisition – Nasdaq” with publication date: August 19, 2019.

eBay Inc. (NASDAQ:EBAY) Ratings Coverage

Among 14 analysts covering Ebay (NASDAQ:EBAY), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Ebay has $4900 highest and $34.5000 lowest target. $43.64’s average target is 11.02% above currents $39.31 stock price. Ebay had 20 analyst reports since March 4, 2019 according to SRatingsIntel. Credit Suisse maintained eBay Inc. (NASDAQ:EBAY) on Thursday, July 18 with “Outperform” rating. The firm earned “Outperform” rating on Thursday, July 18 by Raymond James. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, April 24 report. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Monday, July 29. The rating was maintained by Canaccord Genuity with “Hold” on Thursday, July 18. Barclays Capital maintained eBay Inc. (NASDAQ:EBAY) on Monday, March 4 with “Buy” rating. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, April 24. The rating was maintained by DA Davidson on Monday, March 4 with “Buy”. The firm earned “Buy” rating on Tuesday, March 12 by Robert W. Baird. Barclays Capital maintained eBay Inc. (NASDAQ:EBAY) rating on Wednesday, April 24. Barclays Capital has “Overweight” rating and $4900 target.

eBay Inc. (NASDAQ:EBAY) Institutional Positions Chart

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Top tech startup news for today, Monday, August 26, 2019

CrowdStrike launches $20 million Falcon Fund. CrowdStrike, a cybersecurity company that povides cloud-based endpoint protection, has launched a …

Good morning! Below are some of the top tech startup news for today, Monday, August 26, 2019.

Alibaba-backed AI startup Megvii files for Hong Kong IPO. Megvii, a Chinese artificial intelligence startup backed by Alibaba has filed for an initial public offering (IPO) in Hong Kong. Megvii is better know for its facial recognition technology. Late last yearr, Megvii raised $600 million from Alibaba and others for its facial recognition system FacePlusPlus. Founded in 2011 by Qi Yin, Wenbin Tang, and Yang Mu, Megvii is an Artificial Intelligence company specialized in providing enterprises and developers with intelligent solutions and data services, and is dedicated to the mission of “Create machines that can see and think”. Based on its original deep learning system Brain++, Megvii seeks to build AI Engine, a core fundamental technology powering various AI application. It is leveraging on recognition, control, optimization and other algorithms to connect individuals, objects and scenarios, building a product platform of IoT OS.

Sleeper raises $7.3 million to take on Yahoo and ESPN.Sleeper, a new San Francisco-based fantasy football startup is aiming to beat ESPN and Yahoo by catering to women and casual fans. The startup announced it raised $5.3 million in venture capital, bringing its total funding to $7.3 million. Sleeper was founded in 2015 by Ken Wang, Nan Wang, and Weixi Yen, Sleeper is a sports app that everyone can enjoy, not just the diehard sports fan. Sleeper offers well-designed fantasy leagues that any can use.

Pony.ai partners with Toyota to accelerate the development and deployment of autonomous vehicles. Pony.ai is teaming up with Toyota on an autonomous driving pilot to accelerate the development and deployment of autonomous vehicles. Together, the two companies will explore a variety of possibilities to provide safe mobility services for all. In April, Pony.ai tested its robo-taxi program on its employees at its second HQ in Guangzhou, China, with promise for self-driving trucks in the nearest future. At Auto Shanghai 2019, Pony.ai also announced PonyPilot, a test project for a product-ready autonomous driving fleet within a geo-fenced area in Guangzhou, China.

CrowdStrike launches $20 million Falcon Fund.CrowdStrike, a cybersecurity company that provides cloud-based endpoint protection, has launched a $20m early stage investment fund. Started in partnership with Accel, Falcon Fund will focus on seed and Series A investments in startups that are building applications on the CrowdStrike Falcon® platform. The fund will act as a co-investor and strategic partner alongside lead investors looking for innovative startups solving pressing security and IT challenges for customers. Through the CrowdStrike Store, startups and partners can develop new solutions without the need to build or deploy new endpoint agents or invest in expensive platforms for storage and analytics.

Syncsort acquires Pitney Bowes’ Software Solutions business, for $700 million.Syncsort, a leader in Big Iron to Big Data software, acquires Pitney Bowes’ Software Solutions Business, for $700 million to create a leading data management platform. The acquisition brings to Syncsort location intelligence, data enrichment, customer information management and customer engagement solutions that are complementary to its existing portfolio. The combination expands its offerings in data quality software and complements existing Syncsort Trillium products. The deal is expected to close by the end of the calendar year, pending regulatory approvals and other customary closing conditions.

Stylitics secures $15 million in Series B funding for AI-driven outfitting and styling platform for retailers.Stylitics an AI-powered visual merchandising and outfit recommendation platform, today announced it closed a $15 million Series B round of funding to grow its sales and marketing function while fueling the development of new types of shoppable, content-driven e-commerce and in-store experiences for brands, retailers, and publishers. The round, which was led by PeakSpan Capital, with participation from Trestle LP, brings its total funding to $21 million. The startup also partners with major retailers including Ann Taylor, Chico’s, and Macy’s to deliver dynamic look-based outfit content onto e-commerce sites and in-store experiences.


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Elon Musk to kick off 2019 World AI Conference with Alibaba founder Jack Ma

Tesla CEO Elon Musk will be joining Alibaba founder Jack Ma on stage for a … Musk’s private space firm, SpaceX, is currently testing a rocket engine … Musk also revealed that he will be launching The Boring Company’s China …

Tesla CEO Elon Musk will be joining Alibaba founder Jack Ma on stage for a conversation at the opening stages of the upcoming 2019 World Artificial Intelligence Conference in Shanghai, which will run from August 29 to 31, 2019. The update was related by a spokesperson from Alibaba on Monday, who added that the two entrepreneurs’ conversation will be held on the first day of the conference.

Elon Musk and Jack Ma, apart from being billionaire entrepreneurs, are both disruptors in their respective segments. Musk’s private space firm, SpaceX, is currently testing a rocket engine designed to take humanity to Mars, and his electric car and energy company, Tesla, is at a point where its latest vehicle, the Model 3, is causing serious disruptions in the auto segment.

.@AlibabaGroup‘s #JackMa and @Tesla‘s @elonmusk will hold speeches at the opening ceremony of the World AI Conference in Shanghai on Aug. 29. #WAIC2019pic.twitter.com/19CLwzORhI

— Yicai Global 第一财经 (@yicaichina) August 26, 2019

Ma, on the other hand, is noted for adopting a startup culture that ultimately made Alibaba an e-commerce juggernaut in Asia, and one that outsells Amazon during its peak sale days. The Alibaba founder currently has an estimated net worth of $36.8 billion, while Musk has an estimated net worth of $19.1 billion.

The two entrepreneurs’ talk comes amidst the ongoing trade dispute between the United States and China. Last Friday, US President Donald Trump announced additional tariffs on about $550 billion of targeted Chinese goods, just hours after China announced tariffs on $75 billion of US goods.

Elon Musk has not publicly shared his opinions about the ongoing trade war, though he did address some concerns about China’s import tariffs on Twitter last year. Jack Ma, on the other hand, has been open about his disdain for the two countries’ trade dispute, noting late last year that it was “the most stupid thing in the world,” as noted in a Reuters report.

Elon Musk’s upcoming trip to China will not only involve his attendance at the 2019 World Artificial Intelligence Conference. In a Twitter announcement, Musk also revealed that he will be launching The Boring Company’s China division on the same trip.

The Tesla CEO is also expected to pay a visit to the Gigafactory 3 site in Shanghai, which is already nearing completion. Musk has noted that he expects Gigafactory 3 to start trial production runs of the Model 3 by the end of the year, though the factory’s buildout has been so rapid that the CEO’s estimates might end up being conservative. With the upcoming completion of the site’s substation next month, for example, Gigafactory 3 could go online as early as the start of September.

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