Tag Archives: Bets

Shares Fall More on China Data Weakness, Fed Bets: Markets Wrap

Shares Fall More on China Data Weakness, Fed Bets: Markets Wrap

(Bloomberg) — A stock selloff deepened in Asia, after fresh data redoubled concerns about China’s economy and as investors curbed wagers on Federal Reserve interest rate cuts. Most Read from Bloomberg Hong Kong shares led the declines, with the Hang Seng Index tanking nearly 4%. The CSI 300 mainland Chinese benchmark also fell 1.6%. The losses came after official figures showed while China reached its 2023 economic goal, the country’s housing slump has worsened and domestic demand… Source link

Read More »

Bet On Google’s ‘Alpha Bets’ (NASDAQ:GOOG)

Bet On Google’s ‘Alpha Bets’ (NASDAQ:GOOG)

Alex Wong Google (NASDAQ:GOOG) (NASDAQ:GOOGL) is a company that needs no introduction. Search engine juggernaut, owner of YouTube, Android, Gmail, Google Maps/Docs/Sheets/Slides/Meet/Drive, and countless other products that billions of people around the globe use on a daily basis, the company is as well known to investors as it is to consumers (the only difference being the average consumer probably can’t tell you how “Alphabet” is related to Google). Its business performance over the… Source link

Read More »

Bed Bath & Beyond stock is going haywire amid bankruptcy bets

Bed Bath & Beyond stock is going haywire amid bankruptcy bets

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers. Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday. The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This… Source link

Read More »

Bed Bath & Beyond stock is going haywire amid bankruptcy bets

Bed Bath & Beyond stock is going haywire amid bankruptcy bets

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers. Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday. The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This… Source link

Read More »

Microsoft Bets on ChatGPT to Disrupt Alphabet

Microsoft Bets on ChatGPT to Disrupt Alphabet

Microsoft thinks it finally has a weapon to challenge Alphabet’s leadership in internet search.  The software giant, like other tech groups, has tried unsuccessfully to compete with the Google search engine. The latter has even become more important again, relegating its so-called rivals to stooges.  The dominance of the Mountain View, Calif.-based group eventually sickened to the point where some rivals simply gave up. Bing, Microsoft’s search engine, was the world’s second most popular in… Source link

Read More »