Global bets worth billions of dollars could be at risk as amateur share traders challenge the bearish positions of influential funds, inflating stock valuations and leaving the professionals looking at potentially hefty losses.
We are in the midst of a very significant time for the earnings of big, high-profile Nasdaq-listed stocks. The granddaddy of them all, Microsoft (MSFT) released their results yesterday, with Apple (AAPL), Tesla (TSLA), and Facebook (FB) all reporting after the market close today.
Short-sellers are capitulating. The wild price action in GameStop (NYSE: GME) stock is causing short-sellers to throw in the towel and cover their positions.Melvin Capital and Citron Research closed out their short positions, with the latter's Andrew Left saying he did so at "a l
Truck maker Navistar International Corp said on Wednesday it will collaborate with U.S. automaker General Motors Co and others to develop a hydrogen fuel-cell powered commercial truck and supporting fueling network.
U.S. stock indexes were set to open lower on Wednesday as investors parsed through earnings reports from companies including Boeing and Microsoft, ahead of the Federal Reserve's policy statement later in the day.
Global bets worth billions of dollars could be at risk as amateur share traders challenge the bearish positions of influential funds, inflating stock valuations and leaving the professionals looking at potentially hefty losses.
It's still early in 2021, but there's a good candidate for stock story of the year. Shares of GameStop (NYSE: GME), a stodgy video game retailer, have soared recently thanks to a band of traders on the Reddit group WallStreetBets. Though there's been no significant news out on th
The drivers of the last few days include the growing pace of corporate earnings, as well as President Biden issuing executive orders aimed at shoring up the U.S.’s pandemic response. These drivers will continue to influence markets today
U.S. stock index futures slipped on Wednesday as a busy week of earnings gained momentum, with upbeat results from Microsoft cushioning the fall in Nasdaq futures ahead of the Federal Reserve's policy statement later in the day.
Drugmaker Evotec led sweeping price swings in some of Europe's most shorted stocks on Wednesday in an echo of the retail trading fever that has gripped the United States.
Tesla (NASDAQ: TSLA) was one of the undisputed winners of 2020, with the stock gaining 743% over the course of the year. There were a number of factors that contributed to the electric car maker's surging stock price, including five successive quarters of profits, induction into
(RTTNews) - Tesla Motors, Inc. (TSLA) will host a conference call at 6:30 PM ET on January 27, 2021, to discuss Q4 20 earnings results.To access the live webcast, log on to http://ir.tesla.com
Investors' growing optimism for Tesla (NASDAQ: TSLA) will be put to the test today. After market close, the electric-car maker will report its fourth-quarter and full-year 2020 financial results. Expectations are high. Analysts largely expect rapid revenue growth and a more than
Tesla (NASDAQ:TSLA) is expected to publish Q4 2020 results on Wednesday, January 27. The company has already provided delivery figures for the quarter, selling a record 180,570 cars, up 29% sequentially and by over 60% year-over-year. So how will the strong vehicle sales impact q
Might there be room for only one powerful tech entrepreneur in space?Elon Musk, the founder of SpaceX and the outspoken CEO of Tesla (NASDAQ: TSLA), and Jeff Bezos of Amazon (NASDAQ: AMZN) are each developing a network of satellite internet-service providers.
Tesla's quarterly report on Wednesday could trigger a $7 billion options payout to Chief Executive Elon Musk, while owners of the electric car maker's soaring stock are keen to hear the company's target for 2021 deliveries.
Consumer stocks were rising after new data showed a larger-than-expected increase in consumer confidence this month, rising to 89.3 to top the 89.2% January reading expected in a Bloomberg survey. At last look, the SPDR Consumer Staples Select Sector ETF climbing 0.5% while the S
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