Twitter Inc. It posted its second 1 billion quarter on Tuesday, sending its shares up nearly 4% in subsequent trading to a 52-week high. Twitter TWTR, + 2.87% Analysts at Factset said the stock had a net income of 22 222 million, or 29 cents, against expectations of 29 cents. …
Read More »Bitcoin blows past 45,000 and reaches a high of $ 48,000 driven by Tesla’s investment
Electric-car maker Tesla has invested 1.5 billion in cryptocurrency and the price of Bitcoin jumped above $ 48,000 on Tuesday after news that it could accept the products as future payments. After reaching a record near 44,000 on Monday, the price of Bitcoin BTCUSD, + 2.78% Hit સિ 45,000, 46 …
Read More »Game Stop ETF? There are 63 funds that stock investors are exposed to – but cautionary
Gamestop Corp. Strong price action in such stocks has led to many retail brokerages in the last few days to impose restrictions on trading activity. But there are still many ways that investors can get in touch with Gamestop GME, -26.04% And other companies such as AMC Entertainment Holdings, AMC, …
Read More »‘Big Short’ investors say their big Tesla Short is getting ‘bigger and bigger’
Tesla TSLA, + 7.84% The short-sellers caught on the false end of the 38 38 billion hit in 2020 have suffered “the biggest annual mark-to-market loss ever seen by S3 Partners’ Ehor Dusanovsky.” One of the underwater in that trade: Michael Burri. U.S. The investor, best known for his earlier …
Read More »If 2020 was a year to buy rumors, then 2021 is the time to ‘sell the news’, says P newslet newsletter author
It wasn’t such a great start to the new year. S&P 500 SPX, -1.48% Fell 1.5% to start the trading year 2021, the worst single-day decline since October 28. Maybe one day represents the trend. “2020 bought the rumor, and 2021 will sell the news,” wrote Kirk Spano, author of …
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