by BusinessInsider.com | Jun 22, 2023 | alerts, Markets/Economy
Total US short interest exceeded $1 trillion as of last Friday, S3 Partners data shows. The top five shorts are mega-cap tech stocks Tesla, Apple, Microsoft, Nvidia and Amazon. That comes after big stock market gains so far this year. US short interest this month rose...
by BusinessInsider.com | Jun 14, 2023 | alerts, Markets/Economy
The hype over AI has driven a narrow rally in stocks – gearing equities up for a “digestion phase,” a Citi strategist said. “This is not a broader market move. This is a very narrow move if you will from that perspective,” he said. ...
by BusinessInsider.com | Apr 28, 2023 | alerts, Markets/Economy
Chinese electric-car maker BYD launched the Seagull, a ridiculously cheap hatchback. It costs roughly $11,000 to start and offers up to 251 miles of range, according to BYD. It can charge from 30% to 80% in 30 minutes. This sleek little hatchback is one of...
by BusinessInsider.com | Mar 24, 2023 | alerts, Markets/Economy
“Ain’t nothing more dangerous than a bear at the end of a bear market,” Bank of America investment strategist Michael Hartnett said about the stock market in his latest “The Flow Show” report. The analyst stated the stock market will...
by BusinessInsider.com | Sep 15, 2022 | alerts, Markets/Economy
Years of 0% interest rates in the US damaged the economy and created bubbles like bitcoin, Nassim Taleb told CNBC on Thursday. “You’re creating bubbles, creating tumors like bitcoin,” the author of “The Black Swan” said about monetary...
