Kevin Dietsch/Getty Images Parag Agrawal canceled an interview with Elon Musk’s lawyer the day before it was set to take place. The CEO has yet to reschedule, although the interview is expected to happen. Musk is expected to be interviewed later this week as part of the ongoing lawsuit. Twitter’s Parag Agrawal canceled on short notice a scheduled deposition as part of his company’s lawsuit against Elon Musk, frustrating the billionaire’s legal team, people familiar with the case told Insider. The… Source link
Read More »Colts tie Texans after comeback falls short, leading to huge survivor pool blow
The Indianapolis Colts’ season-opening non-winning streak is alive and well. The Colts and Houston Texans tied 20-20 on Sunday at NRG Stadium, marking a ninth straight season that the Colts have failed to win a season-opener. That’s the longest active streak in the NFL, and tied for the second-longest in league history. Colts quarterback Matt Ryan is still searching for his first win with his new team. (AP Photo/David J. Phillip) The Philadelphia Eagles also lost nine straight… Source link
Read More »Yandex (NASDAQ:YNDX) Short Interest Down 16.0% in July
Yandex (NASDAQ:YNDX – Get Rating) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totalling 3,950,000 shares, a drop of 16.0% from the June 30th total of 4,700,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 1.3% of the shares of the stock are sold short. Institutional Inflows and Outflows Several institutional investors and hedge funds… Source link
Read More »In just three short years, Sam Presti and the Thunder are bulding something special
LAS VEGAS — The Oklahoma City Thunder entered the Las Vegas Summer League showcase with two wins under their belt, after going 2-1 in Salt Lake City earlier in the week. The No. 2 pick in the draft, Chet Holmgren, put on a show in his NBA debut, posting 23 points, seven rebounds, six blocks and four assists in a win over the Utah Jazz. The following game, it was rookie (and No. 12 overall pick) Jalen Williams who shined with 16 points, three rebounds and two steals in 22 minutes. In the… Source link
Read More »Betting Against Tech Is Finally a Winning Trade as Short Sellers Sit on $20 Billion Profit
(Bloomberg) — Betting against tech has become a winning trade, with short sellers sitting on billions in paper profits as growth stocks slump. Most Read from Bloomberg A historic rout in the so-called FAANG cohort — Facebook owner Meta Platforms Inc., Apple Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. — has delivered $19.8 billion in mark-to-market profits for investors speculating on declines as of June 30, according to data-analytics firm S3 Partners. “It was… Source link
Read More »The layoffs at Tesla show that white-collar workers are screwed, predicts hedge funder famous from ‘The Big Short’
Michael Burry said on Tuesday that the U.S. labor market is about to be sliced in half, with blue-collar workers remaining a sought-after commodity, while white-collar workers see job losses and falling wages. In other words, the good times are ending for office workers. “I see a bifurcated labor market developing as unskilled and semiskilled remain in short supply, but white-collar workers, having proven their redundancy during COVID, will find gross excess in the labor market, pressuring… Source link
Read More »Short sellers are increasing their bets on a stock market crash
Will there be a stock market crash in 2022? Most of Wall Street doesn’t think so, but short sellers are certainly betting on it. Short interest in the S&P 500 grew by 11 basis points from 2.09% to 2.2% between the end of last year and mid-March, the latest data from S&P Global Market Intelligence reflected. Bets against stocks across every sector in the benchmark except for financials grew by meaningful amounts during the period as the index corrected from all-time highs earlier in the year.
Read More »Google Rolls Out Short Titles For Product Ads
Advertisers are now able to optimize their product titles even further in Google Merchant Center. Google recently added a new optional attribute to Merchant Center called “short title”. This update allows you to be more concise and to the point with your products. Where Will The Short Title Attribute Be Shown? In comparison to the “title” attribute, which is required, the short title attribute is optional. The main difference between the title and short title attribute are as… Source link
Read More »Kamila Valieva finishes 1st in short program
BEIJING — Figure skating prizes the value of keeping up appearances, smiling for the world while everything’s going to hell. But the sport can’t smile its way through this crisis. As Russia’s Kamila Valieva resumed competition at the Olympics on Tuesday despite a positive test for a banned drug, some peers broke a longstanding code of decorum and spoke out. “I think it’s completely unfair to the rest of the competitors,” Chinese American skater Zhu Yi told Yahoo Sports. “It’s the fact that… Source link
Read More »Meta stock is ‘probably dead money’ in the short term, says top tech analyst
Facebook shares are likely to stay in the penalty box for some time in the wake of a lackluster fourth quarter and even worse 2022 outlook as Apple privacy changes and a surging TikTok take their collective toll on profits. “Shares are probably dead money at this level of growth for at least the next three months,” said top tech analyst Mark Mahaney of EvercoreISI on Yahoo Finance Live. Meta shares were rocked to the tune of 25% on Thursday’s session, and rightfully so most analysts… Source link
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