For all the attention that is shined on superstar short sellers, most lose money.
Archiv für den Monat: Januar 2021
Start-up tackling decarbonization of trucking sector gets funding from Amazon climate fund, Grantham
Amazon’s $2 billion Climate Pledge Fund just announced its latest investment: Infinium, which is a start-up making electrofuels to cut emissions in the transportation sector.
How financing SPAC takeovers became Wall Street’s new favorite trade
PIPEs, or private investments in public equity, are mechanisms for companies to raise capital from a select group of investors outside the market.
Why ‘tax the rich’ policies may make sense in a K-shaped economy
Some state officials want to raise taxes on the wealthy to plug Covid-era budget gaps. The policy meshes with an unequal pandemic recovery, economists say.
Stocks making the biggest moves in the premarket: GE, Apollo Global, J&J, GameStop & more
The stocks making the biggest moves in premarket trading include GE, Apollo Global, J&J, GameStop, and more.
GameStop shares are jumping again, but short sellers aren’t backing down
Despite the massive squeezes, GameStop short sellers are doubling down on their bearish bets.
Etsy shares jump 9% after Elon Musk tweets he ‚kinda loves‘ the e-commerce company
Also on Tuesday, Jefferies raised its 12-month price target on Etsy to a Street high of $245 per share.
Short sellers are down $91 billion in January as GameStop leads squeeze in stocks they bet against
For all the attention that is shined on superstar short sellers, most lose money.
J&J beats fourth-quarter earnings expectations, will release Covid vaccine data ’soon‘
The drug and and consumer products company reported adjusted earnings of $1.86 per share, higher than the $1.82 expected in a survey of analysts by Refinitiv.
General Electric shares pop on better-than-expected industrial cash flow, rosy outlook
The conglomerate has continued to pay down its debt during the pandemic and cut costs through, for example, layoffs in its aviation business.