U.S. The stock futures went ahead with several earnings representations and testimonies made by Janet Yellen in which she is expected to support higher coronavirus relief costs. Futures linked to the S&P 500 rose 0.6%, pointing to a rally after the opening bell. Those joining the Nasdaq-100 added 0.9%, suggesting …
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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 …
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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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Carl Ika sold half of his stake in Herbalife Nutrition Ltd. HLF 0.54% And Nutrition-Supplements is relinquishing its seats on the company’s board, and its long-held investment has strongly defended itself against the onslaught of rival activist investor William Ackman. Mr Ukah had sold about 600 600 million of the …
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MGM Resorts International MGM 1.03% British gaming company Antine ENT is seeking to buy -1.56% PLC, according to people familiar with the matter, in a recent move by the casino operator to double the red-hot amb online-gambling business. MGMA recently made an offer to buy the owner of the British …
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