Short Seller Jim Chanos Shuts Hedge Funds After 38-Year Run
Jim Chanos, the legendary short seller known for his bearish bets against Enron and Tesla Inc., is shuttering his hedge funds after almost four decades. •…
Source: biztoc.com
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BofA's Hartnett Says Sell 'Epic' Stock Rally as Risks Linger
Investors should offload risky assets after recent gains as technical and macroeconomic headwinds are building, according to Bank of America Corp.’s Michael…
Source: biztoc.com
Alibaba Is Only Worth About Half of Tencent as Recovery Lags
Alibaba Group Holding Ltd.’s market value has slumped to only about half that of rival Tencent Holdings Ltd. as the former’s e-commerce-centric business faces…
Source: biztoc.com
Oil Collapses Into Bear Market as Robust Supply Pressures OPEC+
Oil headed for a fourth weekly loss after sinking into a bear market as signs of healthy supplies and rising stockpiles offset attempts by OPEC+ leaders Saudi…
Source: biztoc.com
Walmart CEO Says Shoppers Could See Falling Prices in Coming Months
The head of the world’s largest retailer just used the D word on an earnings call: deflation. • None Hamas Mastermind Who Tricked Israel Is Top Target in Gaza…
Source: biztoc.com