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GameStop short-sellers have lost $1.9 billion in just 2 days amid the stock's latest spike
Summary List Placement Short sellers lost $664 million on Wednesday as GameStop shares spiked 104% in the final 30 minutes of trading, S3 Partners said. The stock's 84%...
21 hours ago - Business Insider - 3 articles
GameStop short-sellers have lost $1.9 billion in just 2 days amid the stock's latest spike
Ethan Miller/Getty Images Short sellers lost $664 million on Wednesday as GameStop shares spiked 104% in the final 30 minutes of trading, S3 Partners said. The stock's 84%...
21 hours ago - Business Insider - 3 articles
Best Buy slides 9% on weak holiday sales and soft 2022 revenue guidance
Summary List Placement Best Buy stock slumped Thursday, hurt by fourth-quarter revenue that fell short of Wall Street's target and the electronic retailer's outlook for a...
1 day ago - Business Insider - 6 articles
Famed investor Cathie Wood has staffed her firm with analysts in their 20s and 30s as she looks to predict the future. 2 analysts break down what it's like to work at Ark Invest
Summary List Placement Cathie Wood 's Ark Invest was put under the microscope of Wall Street investors and analysts during this week's tech rout. On Monday, investors pulled a...
1 day ago - Business Insider - 4 articles
Global stocks rise as Fed chair Jerome Powell confirms interest rates will remain low for longer
Summary List Placement Global stocks gained on Thursday after Jerome Powell struck a reassuring tone for central bank policy. The Fed chairman said it could take more than...
1 day ago - Business Insider - 2 articles
Uber stock slips as Chinese rival reportedly plans to enter the Western European market
Nisian Hughes/Getty Images Uber shares fell Wednesday with a report that rival Didi is preparing to operate in Europe. Didi is considering ride-hailing services in the UK...
1 day ago - Business Insider - 2 articles
Uber stock slips as Chinese rival reportedly plans to enter the Western European market
Summary List Placement Uber shares pulled back as much as 4% on Wednesday following a report that Didi Chuxing Technology Co., a China-based rival, is considering rolling out...
1 day ago - Business Insider - 2 articles
Snap stock jumps as much as 8% as the social media site sees delivering years of hefty revenue growth
Summary List Placement Snap stock bulked up as much 8% Tuesday as the social media company said it has set itself up to deliver years of revenue expansion. The shares hit an...
2 days ago - Business Insider - 3 articles
Snap stock jumps as much as 8% as the social media site sees delivering years of hefty revenue growth
Snap's CEO Evan Spiegel Getty Images for Snap, Inc. Snap stock jumped as much as 8% on Wednesday, hitting a 52-week high on the same day the social media site held its...
2 days ago - Business Insider - 3 articles
Brent oil will climb 17% from current levels as demand outpaces supply, Goldman Sachs says
Summary List Placement Brent oil should jump 17% from current levels to $75 per barrel this summer, with Goldman Sachs expecting a lag in supply relative to demand to support a...
4 days ago - Business Insider - 2 articles
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Nikola downgraded to 'sell' by CFRA amid supplier issues and potential...
Summary List Placement CFRA downgraded shares of Nikola to a "sell" on Thursday and lowered the price target to $12 per share after the electric-vehicle maker reported...
Amazon taps 16-year company vet who helped launch its pharmacy business to...
Summary List Placement Amazon has named 16-year company veteran Nader Kabbani to run its new COVID-19 employee vaccination program, Insider has learned. Kabbani, who helped...
Stocks give up an early gain, turn lower; bond yields slip
Stocks gave up an early gain and turned mostly lower in morning trading on Wall Street Friday. Banks and energy companies led the way lower, while technology companies, which...
Cathie Wood's ARK Innovation ETF bought 1.2 million shares of Twitter on...
Summary List Placement Cathie Wood's ARK Innovation ETF loaded up on shares of Twitter on Thursday after the social media giant announced ambitious growth plans to at least...
DoorDash CFO Prabir Adarkar reveals plans to boost profits after company's...
Summary List Placement Despite tripling revenue in the fourth quarter of 2020, profit remained out of reach for DoorDash, which held its first earnings call as a public company...
Virgin Galactic slips 14% on further test flight delay, pushing commercial...
Summary List Placement Shares of Virgin Galactic Holdings tumbled 14% on Friday after the spaceflight company announced that it is delaying the next test flight of its...
Personal Income increased 10.0% in January, Spending increased 2.4%
The BEA released the Personal Income and Outlays report for January: Personal income increased $1,954.7 billion in January according to estimates released today by the Bureau...
The FCC just approved a $50 a month subsidy for low-income households to get...
Summary List Placement A $3.2 billion federal initiative to subsidize high-speed internet for low-income households during the pandemic has just been approved, and applications...
More than 50 hedge funds have handed Bill Ackman's SPAC $818 million to find...
Summary List Placement Special-purpose acquisition companies are one of the hottest investing trends right now. SPAC launches more than tripled in 2020 compared to 2019. And...
Facebook might put facial-recognition tech in its smart glasses, due to...
Summary List Placement Facebook is "looking at" including facial-recognition technology in its upcoming smart glasses, its head of augmented and virtual reality said...