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February 5, 2021
4 Min Read NEW YORK (Reuters) - As the trading frenzy in GameStop Corp shares and other social media favorites recedes, investors are eyeing signs of potential market stress that could weigh on broader stock performance in coming weeks. Slideshow ( 3 images ) For now, U.S. equities appear to be looking past last week’s surge in volatility that led the S&P 500 to its biggest weekly decline since October. Solid earnings, fiscal stimulus expectations and progress in country-wide vaccination effo...
January 26, 2021
Learn from the GameStop Frenzy with This Quick Guide to Short Selling GOBankingRates 1/30/2021 Dawn Allcot © Evan Agostini/Invision/AP/Shutterstock / Evan Agostini/Invision/AP/Shutterstock Mandatory Credit: Photo by Evan Agostini/Invision/AP/Shutterstock (10667337b)ThinkGeek and GameStop stores on Broadway show signs of damage after a night of looting and and social unrest following George Floyd police brutality protests in Manhattan, in New YorkNYC Looting Aftermath, New Y...
January 25, 2021
Tech Leads Stock Gains Ahead of Megacap Earnings: Markets Wrap Bloomberg 1/25/2021 Katherine Greifeld © Photographer: NICOLAS ASFOURI/AFP An investor looks at stock price movements on screens at a securities company in Beijing. (Bloomberg) -- Technology shares led gains in U.S. stocks as investors awaited earnings from some of the biggest companies. Popular Searches The Nasdaq 100 climbed amid gains for Apple Inc., Tesla Inc. and Microsoft Corp. The S&P 500 Index ended high...
January 25, 2021
Tech leads stock gains ahead of megacap earnings Katherine Greifeld, Bloomberg News VIDEO SIGN OUT Technology shares led gains in U.S. stocks as investors awaited earnings from some of the biggest companies. The Nasdaq 100 climbed amid gains for Apple Inc., Tesla Inc. and Microsoft Corp. The S&P 500 Index ended higher, though gains were limited after the top Senate Democrat said lawmakers said an aid package was unlikely before mid-March and a U.S. health official expressed concern abou...
January 25, 2021
Tech leads stock gains ahead of megacap earnings Katherine Greifeld, Bloomberg News VIDEO SIGN OUT Technology shares led gains in U.S. stocks as investors awaited earnings from some of the biggest companies. The Nasdaq 100 climbed amid gains for Apple Inc., Tesla Inc. and Microsoft Corp. The S&P 500 Index ended higher, though gains were limited after the top Senate Democrat said lawmakers said an aid package was unlikely before mid-March and a U.S. health official expressed concern abou...
January 25, 2021
GameStop short-sellers reload bearish bets after US$6B loss Katherine Greifeld and Bailey Lipschultz, Bloomberg News Its a bit scary: UBS strategist on speculative rally in GameStop VIDEO SIGN OUT Despite a punishing two weeks and relentless chat-room taunting, GameStop Corp. haters are showing no signs of surrender. GameStop stock equal to 139 per cent of its available shares has been borrowed and sold short, a bearish position showing mark-to-market losses of over US$6 billion year-...
December 19, 2020
Saturday, 19 December, 2020 - 09:30 A logo of Tesla Motors on an electric car model is seen outside a showroom in New York June 28, 2010. (Reuters) Asharq Al-Awsat Shares of Tesla Inc rose to a record high on Friday in a frantic day of trading as investors geared up for the electric carmaker’s much anticipated entrance into the benchmark S&P 500 index. The company headed by billionaire Elon Musk on Monday will become the most va...