• Nasdaq hits record high, lifted by Tesla

    5 days ago - By Business Insider

    Tesla led the Nasdaq composite to a record-high at 7,703.63 on Tuesday. Other indexes were little changed after a historic US-North Korea summit in Singapore. The 10-year Treasury yield and the dollar climbed as the Federal Reserve began its two-day policy meeting. Gold retreated below the key level of $1,300 an ounce.
    Here's the scoreboard:
    Dow Jones industrial average : 25,320.49 −1.82
    S&P 500 : 2,783.17 +1.17
    President Donald Trump met with North Korea's Kim Jong Un. A joint statement signed by the two leaders vows Pyongyang will "work toward complete denuclearization." And in a...
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  • Bets against Tesla just hit another record as shares keep climbing

    Bets against Tesla just hit another record as shares keep climbing

    5 days ago - By Business Insider

    Short interest, or bets that Tesla's stock price will decline, hit another record this week.
    Tesla rose more than 5% in trading Tuesday, continuing a winning streak that has short sellers feeling the pain.
    Follow Tesla's stock price in real-time here.
    As Tesla shares gained more than 20% in the past two weeks, investors betting against the stock kept ratcheting up their losing wagers.
    Short interest in Tesla, the most bet-against stock in the US, hit a new record this week of $12.6 billion, according to data from financial analytics firm S3 Partners. That's a 17% increase since May 21...
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