Page 36 - Carson Block News Today

Family businesses, particularly in the Middle East, cannot afford “wastas” anymore

The U.S. Congress has passed a bill that could ultimately lead to kicking Chinese companies off American exchanges, but it has a generous phase-in period. That may be too long.

Technology 45 mins ago But several signs are pointing to institutional investors as big drivers of the wild price action on the way up. "Although retail buying was portrayed as the main driver of the extreme price rally experienced by some stocks, the actual picture may be much more nuanced," JPMorgan global quantitative and derivatives strategy analyst Peng Cheng told clients in a note. JPMorgans quant team uses public data from exchanges and applies a proprietary methodology to...

Steve Cohens Point72 raises $1.5 billion after supporting Melvin Capital during the GameStop saga, report says Steve Cohens Point72 raises $1.5 billion after supporting Melvin Capital during the GameStop saga, report says Harry RobertsonFeb 3, 2021, 21:18 IST Steve Cohen runs Point72 Asset ManagementLucy Nicholson/Reuters Point72 has raised $1.5 billion after a difficult January for hedge funds, a report said. Steve Cohens fund supported Melvin Capital, which was hit by the GameStop saga. Po...

Bloomberg U.S. Securities and Exchange Commission investigators are combing social media and message board posts for signs that fraud played a role in dizzying stock swings for GameStop Corp., AMC Entertainment Holdings Inc. and other companies, according to people familiar with the matter. The scrutiny is being done in tandem with a review of trading data to assess whether such posts were part of a manipulative effort to drive up share prices, said the people, who requested anonymity because t...

SEC hunts for fraud in social-media posts that drove up GameStop Ben Bain, Bloomberg News VIDEO SIGN OUT U.S. Securities and Exchange Commission investigators are combing social media and message board posts for signs that fraud played a role in dizzying stock swings for GameStop Corp., AMC Entertainment Holdings Inc. and other companies, according to people familiar with the matter.The scrutiny is being done in tandem with a review of trading data to assess whether such posts were part...

‘We’re at this point where stock markets are just ludicrous,’ says Carson Block MarketWatch 2/2/2021 MARKET EXTRA Carson Block thinks that investing sentiment is reaching ludicrous levels — and that could eventually fracture a market that he views as fragile. The founder of San Francisco-based Muddy Waters, who made his name shorting Chinese stocks, told MarketWatch in a Monday-afternoon interview that the dust-up between a select group of individual investors using Reddit chat forum...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

» Carson Block suggests some hedge funds may have piled into GameStop last week to squeeze short-sellers - and says markets are broken Carson Block suggests some hedge funds may have piled into GameStop last week to squeeze short-sellers - and says markets are broken Harry RobertsonFeb 2, 2021, 22:57 IST Short-seller Carson Block is the founder of Muddy Waters ResearchBrendan McDermid/Reuters Investor Carson Block suggested there may have been hedge fund "coordination" over GameStop. He said h...

The Daily Chase: Redditors turn to silver; feds see urgency for airline aid One-ounce silver coins sit on a one-kilogram silver bar at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020. Gold held its ground after a record-setting rally as investors awaited the outcome of a Federal Reserve meeting amid expectations policy makers will remain dovish, potentially spurring more gains. , C...