Tag Archives: unleash

Elon Musk’s battle with Twitter may unleash other activist billionaires: experts

Elon Musk’s battle with Twitter may unleash other activist billionaires: experts

If you have the paper, flaunt it like Tesla (TSLA) CEO Elon Musk. That could be what other billionaires are about to do as they seek to drive headline-grabbing change at well-known public companies as Musk did with Twitter. “It’s the beginning of a wave,” Lawrence Elbaum, co-head of Vinson & Elkins’ Shareholder Activism practice, said on Yahoo Finance Live (video above). “It’s not the first time this has happened. There’s lots of billionaires who have bid for companies in the past. There’s… Source link

Read More »

COVID Delta fears unleash short sellers on these stock market sectors

COVID Delta fears unleash short sellers on these stock market sectors

COVID-19 Delta fears has unleashed the short sellers on the economically sensitive consumer discretionary sector.  Short sellers held 4.57% of outstanding shares in the S&P 500 consumer discretionary sector at the end of July, according to new data from S&P Global Market Intelligence. Taking a short position in a stock is one’s way of betting on a decline in price.  The percentage of short sellers in the consumer discretionary space has trended higher since April as stimulus check spending… Source link

Read More »

$1.9 trillion COVID-19 relief bill may unleash households on the stock market: Goldman Sachs

.9 trillion COVID-19 relief bill may unleash households on the stock market: Goldman Sachs

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

Read More »