Tag Archives: short

The Daily Beast Biden and Dems Play Good Cop-Bad Cop on COVID Relief Photo Illustration by The Daily Beast/GettyWith more than a trillion dollars in relief for the coronavirus pandemic hanging in the balance, nine Republican senators and one Democratic president entered the Oval Office on Monday evening having promised to hear each other out. But after nearly two hours of discussing the vast gap between their plans to fund the fight against the virus and the economic calamity it has wrought,… Source link

For more business and finance explainers, check out our Yahoo U page. Volatile price moves in beaten-down stocks like GameStop (GME) and AMC (AMC) are grabbing national attention and introducing a bevy of wonky trading terms into the popular lexicon. Discussions in Reddit forums, such as Wall Street Bets, are now dinner table fodder. And it all started last week with surging prices in a basket of stocks — a classic “short squeeze.” Supply and demand The modern stock market — an… Source link

It’s ironic that a trading platform whose motto is “Investing for Everyone” would find itself at the center of a retail investor revolt against the Wall Street glitterati. What happened this past week with GameStop (GME), Reddit and Robinhood is a classic tale of David and Goliath, but even the pros say this time is different. “We’ve seen short squeezes in the past, but I call this one the grand awakening,” Kevin Simpson, portfolio manager at Capital Investment Management, told… Source link

The battle between amateur investors and the financial establishment has transfixed Wall Street and Washington this week around GameStop (GME), which has seen its stock price swing wildly and had trading of its stock restricted by online brokerage Robinhood. Other than Robinhood itself, perhaps the one thing less popular in Washington this week has been short sellers and the hedge funds that usually employ them, which had, until recently, been making money by betting against the struggling… Source link

(Bloomberg) — The bounty hunter of Wall Street has finally met his match. Andrew Left, who’s taken on everything from drug companies to Chinese real estate firms, said his Citron Research will no longer publish short selling research, ending the firm’s two-decade run as one of Wall Street’s best-known contrarians. Citron will instead focus on what may seem like the only logical move in a world of ever-rising equity markets and low interest rates: long bets. “Twenty years ago I started… Source link

* Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Asia markets down broadly, S&P futures pare losses * Apple, Facebook slip despite upbeat results * Talk of distressed selling by hedge funds as shorts squeezed * Dollar gets safe-haven bid as euro backtracks By Wayne Cole SYDNEY/NEW YORK , Jan 28 (Reuters) – Asian shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty… Source link

GameStop (GME) shares soared than 130% before coming back down to sit above 100$/each by mid-session on Monday following a crush on short-sellers. The stock was temporarily halted for trading throughout the morning, and at one point, dipped into red territory. On Friday shares of the video game retailer closed 51% higher as short-sellers and reddit WallStreetBets users clashed causing a massive short squeeze on the stock. A short squeeze forces those who bet against the stock to buy in order… Source link

TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link

TipRanks 3 “Strong Buy” Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to… Source link

The latest beta feature in Google Search shows video results from social media platforms Instagram and TikTok. You will soon be able to watch video content from those two platforms directly from the Search app without the need to open the standalone Instagram or TikTok apps. Short video results in Google Search app on iOS The feature is already making its way to a limited number of mobile users and is only available for a handful of search items among which are some NFL teams. The… Source link