Shorting stocks can bring an investor serious profits – but there’s commensurate risk, as well. Basically, the short trader is betting that a stock will fall in price; it’s the opposite of most stock trading, in which the investor wants the shares to gain. Gaining, of course, is the risk in a short trade. There’s no ceiling on a stock’s potential gains, and in theory, a particular stock can see its price increase infinitely. But in a short sell, the trader has made the initial… Source link

AEW wrestler Nyla Rose. (Photo Credit: AEW) As a public figure, Nyla Rose has learned how to drown out the noise on social media. Although the 38-year-old All Elite Wrestling star receives negative and hate-filled messages on the internet, those aren’t the ones that get to her. Instead, Rose focuses on the messages that let her know she’s doing her job — not just as a professional wrestler, but as a symbol for an entire community. “I love every bit of positive energy, but what means… Source link

Alex Harvill reportedly landed short of his landing ramp. (Photo by Sergei BobylevTASS via Getty Images) An attempt at setting a world record for longest ramp-to-dirt motorcycle jump has reportedly ended in tragedy. Stuntman Alex Harvill, 28 years old, died Thursday while preparing for a 351-foot motorcycle jump at the Moses Lake Airshow in Washington state’s Grant County International Airport, according to the Columbia Basin Herald’s Charles Featherstone. The deadly crash reportedly occurred… Source link

Portland Trail Blazers forward Carmelo Anthony and his wife, La La, are officially calling it quits. La La reportedly filed for divorce Thursday, according to eonline.com. The couple reportedly had been separated for a while, according to TMZ. The divorce is reportedly amicable. La La and Anthony still remain friends. The two have a 14-year-old son, Kiyan, together.  The two have had an on-and-off relationship over the past couple years. They separated in 2017, but then reportedly were trying… Source link

Stock futures ticked up Thursday evening after a mixed session earlier, when the Nasdaq ended within striking distance of a record high while the Dow posted a fourth straight session of losses. Technology stocks rallied during Thursday’s regular session as Treasury yields fell. Traders piled back into bonds after selling immediately following the Federal Reserve’s monetary policy decision and updated projections on Wednesday, which suggested two interest rate hikes could take place by… Source link

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Welcome back to the Daily Crunch for Thursday, June 17. Thank you to Walter Thompson and the Extra Crunch staff for taking the reins I took from Alex. I was released from jury duty, so I’ll be seeing you through the remainder of the week, and we’ll be back to regularly scheduled Alex in no time. But before we get on with the show, I want to let you… Source link

Google Meet, Google’s answer to video calling services like Zoom, is getting a collection of helpful tweaks to its hand-raising feature as part of ongoing updates to Workspace. The new changes, spotted by 9to5Google, include a new hand-raising animation, notification sound, and adjustments to how hosts are made aware of raised hands. While the update is minor, for anyone who uses Google Meet in a large group setting or regularly attends webinars, the tweaks will be helpful — plus, the… Source link

(Bloomberg) — Ford Motor Co. has switched gears on a previously dour financial outlook, saying it now expects stronger second-quarter results thanks to growing demand for its models and a sharp rise in the prices consumer pay for them. “Our pricing is just strengthening every day,” Chief Executive Officer Jim Farley said Thursday at Deutsche Bank’s automotive conference. “It’s pretty breathtaking actually.” Ford projects that earnings before interest and taxes in the current… Source link

Fresh coronavirus outbreaks in Southern China are threatening to create new bottlenecks at America’s largest port again, even as the recovery in Western economies help to dramatically reduce its inventory. In an interview with Yahoo Finance Live, Port of Los Angeles Executive Director Gene Seroka said he expected to see “a little bit of a lull” with roughly a third of its cargo coming in from the Pearl River Delta in the Guangdong Province. “What we’re seeing is that 50% of normal… Source link

The Dallas Mavericks continue to undergo a complete makeover this offseason. Longtime coach Rick Carlisle has reportedly told the team he will not return as its coach next season, according to ESPN’s Adrian Wojnarowski. Carlisle has been with the team for 13 seasons. He led the team to its 2011 NBA championship. In his 13 seasons with Dallas, Carlisle has a 555-478 record. He still had two more years left on his current contract with the team. In a statement, Carlisle said it was completely… Source link