Despite the massive squeezes, GameStop short sellers are doubling down on their bearish bets.
Schlagwort-Archiv: Financial
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.
S&P 500 futures are flat ahead of busy week for earnings, Apple shares gain
Wall Street prepares for the busiest week of earnings, which will include reports from some of the largest tech companies.
The stock market frenzy feels like 1999 dot-com bubble, global investor Barry Sternlicht warns
„I don’t think we’re having a problem in the stock market near term,“ the Starwood Capital founder told CNBC. But he urged investors to watch out long term.
Trading volume is up from 2020’s breakneck pace as retail investors jump in
It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well.
Stocks making the biggest moves in the premarket: IBM, Sierra Wireless, Intuitive Surgical & more
The stocks making the biggest moves in premarket trading include IBM, Sierra Wireless, Intuitive Surgical, and more.
Risk of a major correction is ‚really low,‘ economic forecaster Lakshman Achuthan says
The Economic Cycle Research Institute’s Lakshman Achuthan said U.S. growth will help stocks avert a major setback.