Tag Archives: squeeze

As Vladimir Putin pushes his war in Ukraine into its second year, the deepening militarization of Russia’s economy is fueling fears among the country’s business elite that the squeeze on their companies is only just beginning. The government is already considering “one-time” taxes on some big firms to help boost revenues reduced by the tightening grip of sanctions and other restrictions… Source link

The Pixel 2 is an almost five-year-old phone, but it introduced a feature that I miss more and more with each passing year. It was called Active Edge, and it let you summon Google Assistant just by giving your phone a squeeze. In some ways, it’s an unusual idea. But it effectively gave you something sorely lacking on modern phones: a way to physically interact with the phone to just get something done. Looking at the sides of the Pixel 2 and 2 XL, you won’t see anything to indicate… Source link

Bitcoin market analysts are speculating over what fueled the cryptocurrency’s price jump on Monday, and some of the experts say a short squeeze of heavily leveraged traders may have added to upward pressure on prices. Bitcoin and other cryptocurrencies have risen dramatically over the past 24 hours. Bitcoin, the world’s largest cryptocurrency, was trading at $39,189 at press time, for a 15% price gain.  Short liquidations – bearish trades where the principal was wiped out due to margin… Source link

TipRanks 2 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Dividend stocks are always popular. They offer investors a clear path to returns, with regular cash payments and a yield – a return on the original investment – that usually far exceeds bond yields. But not all dividend stocks are created equal, and some offer better opportunities than others. Dividend yield is a key metric. Among S&P listed companies the average yield is only 2%. However, the highest yields… Source link

Bloomberg As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away (Bloomberg) — British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty House Group.Four banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they… Source link

Bloomberg China Producer Prices Jump, Adding to Global Inflation Risks (Bloomberg) — China’s producer prices rose at the fastest pace in more than two years in February, joining more expensive oil, computer chip shortages and soaring shipping costs as tailwinds for global inflation pressures.The Chinese producer price index rose 1.7% from a year earlier, official data showed Wednesday, stronger than economists’ forecasts for a 1.5% increase and up from 0.3% in January. Consumer prices… Source link

By Byron Kaye SYDNEY (Reuters) – Australia claimed an early win in a protracted licencing battle with Google on Wednesday as media companies lined up to announce content deals with the internet giant that were reportedly far more lucrative than their global rivals. A month after the Alphabet Inc-owned company threatened to shut down its search engine in Australia to avoid what it called “unworkable” content laws, the country’s two largest free-to-air television broadcasters have struck deals… Source link

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