David Tepper is recommending investors short the euro, reports CNBC's Kate Kelly.» Read More
Never mind what David Tepper thinks — the case for stocks remains strong, one investment expert says.
*Wal-Mart profit falls as harsh winter hampers shoppers. NEW YORK, May 15- U.S. stocks fell on Thursday, giving the Dow and the S&P 500 their worst declines in more than a month, as small-cap shares extended their retreat and Wal-Mart results disappointed.
*Slovak PM: Russia says gas to Europe via Ukraine could be stopped. NEW YORK, May 15- Global equity markets fell on Thursday and safe-haven U.S. and German government bonds rose on fears over escalation of the crisis between Russia and Ukraine and in response to underwhelming U.S. and European economic data.
NEW YORK, May 15- Global equity markets fell on Thursday and safe-haven U.S. and German government bonds rose on fears over Russia and Ukraine and in response to underwhelming U.S. and European economic data.
*Wal-Mart profit falls as severe winter deters shoppers. NEW YORK, May 15- U.S. stocks slumped on Thursday after a drop in small-cap stocks and disappointing results from Wal-Mart. But, as of now, it means the sellers are slowly gaining more control, "said Adam Sarhan, chief executive of Sarhan Capital in New York.
LAS VEGAS, May 14- Billionaire hedge fund manager David Tepper sounded a cautious message on Wednesday, telling a ballroom packed with other managers and investors that he was "nervous" about the stock market but that this was not the time to sell.
LAS VEGAS, May 14- Billionaire investor David Tepper, who runs hedge fund Appaloosa Management, sounded a cautious note on stock markets on Wednesday and told an audience: "I'm nervous." "I'm not saying go short, just don't be too friggin' long," Tepper, who has one of the best investing records in the industry, said at the SkyBridge Alternatives Conference in Las Vegas.
"I'm not saying go short, I'm just saying don't be too fricking long right now," the head of Appaloosa Management said.
LAS VEGAS, May 14- Billionaire investor David Tepper, who runs hedge fund Appaloosa Management, sounded a cautious note on stock markets on Wednesday and told an audience "I'm nervous."
HEDGE FUND MANAGER DAVID TEPPER SOUNDS CAUTIOUS NOTE ON MARKETS SAYING "I'M NOT SAYING GO SHORT JUST DON'T BE TOO FRIGGIN' LONG" AT SALT CONFERENCE.
With a who's who of bankers and hedge fund titans in attendance, the Robin Hood Foundation's annual gala raised more than $60 million.
NEW YORK, May 6- Hedge fund mogul David Tepper had a case of deja vu when he ranked as the best paid hedge fund manager for the second year running by earning $3.5 billion in 2013 with a savvy bet on airline stocks, according to a new ranking. Tepper, who runs Appaloosa Management, was followed in second place by Steven A. Cohen, who earned $2.4 billion.
While these may not be the best of times for hedge funds, they're still pretty good for the best of the best.
SkyBridge's SALT Las Vegas has a lagging younger sibling, SALT Singapore.
E-commerce auction house eBay became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
The NYSE and iBillionaire have launched the iBillionaire Index, which tracks the blue-chip stock holdings of leading billionaire investors.
CNBC's Scott Wapner reports on Appaloosa's annualized returns. CNBC contributor Stephen Weiss of Short Hills Capital, explains why billionaire hedge fund titan David Tepper is among one of the greatest investors.
CNBC's Jim Cramer, Scott Wapner and David Faber discuss David Tepper's comments this morning that when the dust settles, there's really only one place to be, and that's stocks.
People are moving out of bonds and Doug Dachille, First Principles Capital Management, discusses what that means to the market.
Discussing David Tepper's thoughts on the Fed and what the taper really means. The concern over the markets is because the Fed sees the economy getting stronger, says Tepper. CNBC's Steve Liesman; Doug Dachille, First Principles Capital Management; Charles Campbell, Executive Director, MKM Partners; and John Lynch, John Lynch, Wells Fargo Private Bank.