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Yahoo Finance Plus Short Sellers Feel the Pain in Stock Market’s 2023 Rally
Highly shorted shares are racing past the S&P 500 this year, and short sellers are down by $81 billion.
Highly shorted shares are racing past the S&P 500 this year, and short sellers are down by $81 billion.
Disney might be the happiest place on earth, but one thing's for sure -- it isn't so happy there today. CEO Bob Iger sent out an email to Disney employees on March 27 informing them that the layoffs previously announced in February have begin.
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFirst Citizens to Buy SVB After Biggest Failure Since 2008The firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate
This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure of Silicon Valley Bank started fears of a contagion and consequent bank runs, which were only partially offset by Federal regulatory actions. But there’s a growing consensus that it was the Federal actions that set the conditions for the bank crisis, when the central bank raised interest rates to fight inflation. Now, investors are trying to cope with the fallou
Read this before you trade in your gas guzzler.
Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a
This money management maven doesn't mince words when it comes to financial faux-pas.
An email from Meta CEO Mark Zuckerberg reveals his anger at a leak from a staffer. It was posted to Twitter by Internal Tech Emails (@TechEmails) on March 19. The leaked information involved a 2010 company Q&A in which Zuckerberg discussed a new initiative Facebook was working on.
Apple (AAPL) closed at $158.15 in the latest trading session, marking a -1.31% move from the prior day.
Investors need to pay close attention to First Republic (FRC) stock based on the movements in the options market lately.
Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.
This is a TikTok challenge you don’t want to get behind.
Novartis stock surged Monday after the company's treatment reduced the risk of relapse in patients with early-stage breast cancer.
Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.
Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.
U.S. lawmakers are considering changes to entitlement programs in the states, with some saying the country should raise the full retirement age.
These names offer investors sustainable dividend yields of 5%+ alongside attractive share price upside potential.
Monday, Citi analyst Itay Michaeli opened a "90-day upside catalyst watch" for Fisker stock. He believes that if Fisker hits its milestones the narrative on the stock will change for the better.
A newly fired Fox News producer is seeking to recant testimony she said network lawyers coerced her into providing as Fox defends against Dominion Voting Systems' $1.6 billion defamation lawsuit. Abby Grossberg said Fox's lawyers left her feeling she "had to do everything possible to avoid becoming the 'star witness' for Dominion or else I would be seriously jeopardizing my career at Fox News." The former producer for Maria Bartiromo's Sunday morning show and later Tucker Carlson's prime-time show made the accusation as she filed amended lawsuits in Manhattan federal court and Delaware Superior Court accusing Fox of discrimination, retaliation, sexism and misogyny.