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Super Micro Short Sellers Notch $1.2 Billion as Shares Tumble

(Bloomberg) -- Super Micro Computer Inc.’s 20% rout Friday was a much-needed win for short sellers facing billions of dollars in losses amid its blistering rally.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersA $6 Trillion Wall of Cash Is Holding Firm as Fed Delays CutsYour 401(k) Will Be Gone Within a DecadeTraders who bet ag...
United States Bloomberg Businessweek Michael Sansoterra Bloomberg Super Micro Computer Inc Gamestop Corp Entertainment Holdings Inc
Source: yahoo.com

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Defiant Stock Bulls Are Acting Like the Earnings Recession Is a Hoax

(Bloomberg) -- Another week, another 600 points in the Nasdaq 100. How does this keep happening? It may be that despite the Federal Reserve’s best efforts to drain the economy of vigor, nothing terrible has actually happened to the corporate earnings engine.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementAlphabet Selling Google Domains Assets to SquarespaceCrispin Od...
Jerome Powell Emily Graffeo Kevin Caron Bloomberg Businessweek Kevin Gordon Jeran Wittenstein
Source: yahoo.com

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