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Results for "Short Seller"

152 stories found

Worldbloomberg19d ago

Greggs Stock Rallies on Summertime Menu Success

Bakery chain Greggs Plc has seen a stock rally, punishing short sellers, after its new cold summertime menu, including iced matcha and salads, proved popular with consumers during Britain's heat wave.

Netflix Shares Tumble After Disappointing Earnings Forecast
BusinessNYTFTnzz+20yle-uutisetcnbcfazberlingskevgmarketwatchBusiness Insiderforbes+12 more1mo ago23 sources

Netflix Shares Tumble After Disappointing Earnings Forecast

Netflix's stock plummeted by 9% after its latest earnings report disappointed Wall Street, despite an increase in revenue and profit. Concerns over the company's viewership data transparency and the performance of some new reality series contributed to investor anxiety.

Nvidia Posts Record Revenue Driven by AI Chip Demand
TechnologyReutersbloombergNYT+35wsjFTThe GuardianAl JazeeraCNNnrkyle-uutisetcnbc+27 more2mo ago38 sources

Nvidia Posts Record Revenue Driven by AI Chip Demand

Nvidia announced record quarterly revenue, significantly surpassing Wall Street expectations, primarily driven by the surging demand for its AI chips. The company's strong performance highlights the accelerating boom in artificial intelligence technology.

Close Brothers to Cut 600 Jobs Amid Car Finance Scandal
BusinessThe GuardianThe Independent5mo ago2 sources

Close Brothers to Cut 600 Jobs Amid Car Finance Scandal

Close Brothers plans to cut about 600 jobs and implement AI following criticism over its proposed payouts plan related to a car finance scandal, with a short seller suggesting higher liabilities and causing shares to plunge.

Max Minghella on Playing the Big Bad of ‘Industry’ Season 4: “I Would Almost Black Out Shooting the Show”
Culturevariety5mo ago

Max Minghella on Playing the Big Bad of ‘Industry’ Season 4: “I Would Almost Black Out Shooting the Show”

SPOILER ALERT: The following story contains plot details from “Points of Emphasis,” Season 4, Episode 7 of “Industry,” now streaming on HBO Max. Whitney Halberstram (Max Minghella) is in the wind. Thanks to the tireless efforts of Harper Stern (Myha’la) and her fellow short sellers, Whitney’s fraudulent financial startup Tender has collapsed in on itself, […]

SpaceX Stock Surges After First Lockup Expiry
BusinessbloombergYahoozerohedge4d ago3 sources

SpaceX Stock Surges After First Lockup Expiry

SpaceX stock has surged following its first lockup expiry, with the company's valuation rallying to $500 billion. This performance comes after Elon Musk reportedly taunted short sellers.

Elon Musk Loses Trillionaire Status Amid Global Tech Rout
BusinessBBCbloombergThe Guardian+14cnbcnoslsm-lvdelfi-ltdigi24The IndependentYahooTimes of India+6 more1mo ago17 sources

Elon Musk Loses Trillionaire Status Amid Global Tech Rout

Elon Musk has lost his trillionaire status as a global tech rout impacted the value of his SpaceX and Tesla stock, erasing billions from his wealth. Despite the significant loss, he remains the richest person on Earth.

SpaceX IPO Anticipation Builds Amid Valuation and Volatility Concerns
BusinessBBCbloombergNYT+31FTThe GuardianNPRnzzyle-uutisetcnbcfazberlingske+23 more2mo ago34 sources

SpaceX IPO Anticipation Builds Amid Valuation and Volatility Concerns

Anticipation is growing for SpaceX's initial public offering (IPO), with reports of BlackRock seeking to invest billions and analysts issuing price targets. However, concerns about the company's valuation and potential stock volatility are also being highlighted.

Short Seller Convicted of Fraud After Boasting Online
BusinessThe Independent2mo ago

Short Seller Convicted of Fraud After Boasting Online

A short seller has been convicted of fraud, with reports indicating they had previously boasted about their activities on social media, stating "it's like taking candy from a baby." The investor has since posted online that the matter is "not over."

Businessbloomberg2mo ago

Andrew Left Convicted of Securities Fraud, Market Awaits Next Steps

A U.S. jury has found investor and Citron Research founder Andrew Left guilty of securities fraud, a conviction that has sent a warning signal to other short sellers and sparked discussions about its broader implications for Wall Street, with observers now watching for the next developments.

Short Selling Is Making a Comeback
Financeadvisor-perspectives5mo ago

Short Selling Is Making a Comeback

The public loves to hate short sellers, the investors who profit from declining securities’ values. Their bad reputation is mostly undeserved. In reality, many provide a valuable service, taking the other side of frauds and bubbles, and generally helping drive prices toward a semblance of fair value.

Airbnb Stock Soars on Strong Q2 Earnings and Upbeat Guidance
BusinesscnbcBarron'smorningstar+3Yahoobenzingainvesting-com11d ago6 sources

Airbnb Stock Soars on Strong Q2 Earnings and Upbeat Guidance

Airbnb's stock surged by 9% after the company reported better-than-expected second-quarter earnings and revenue, along with strong guidance for the third quarter, driven by robust demand across regions.

Businessbloomberg1mo ago

Short Sellers Target SpaceX, According to Bloomberg

Bloomberg reports that short sellers are actively targeting SpaceX, indicating a bearish sentiment among some investors regarding the private space company. The article suggests opportunities for those looking to sell shares.

Palm Beach Airport Renamed After Donald Trump
WorldNYTwapoThe Guardian+58NPRdr-dkFox Newsyle-uutisetcnbctagesschauukrainska-pravdafaz+50 more1mo ago61 sources

Palm Beach Airport Renamed After Donald Trump

The Palm Beach International Airport in Florida has been officially renamed the Donald J. Trump International Airport. This renaming follows various discussions and updates from Trump on international matters, including US moves in the Gulf and F-35s for Turkey.

Trump Praises Erdogan, Criticizes NATO at Ankara Summit
WorldBBCbloombergFT+98wapoThe GuardianNPRAl JazeeraFox Newsnrknzzyle-uutiset+90 more1mo ago101 sources

Trump Praises Erdogan, Criticizes NATO at Ankara Summit

At the NATO summit in Ankara, Donald Trump praised his 'chemistry' with Turkish President Recep Tayyip Erdogan while reiterating his disappointment with NATO and suggesting the U.S. should control Greenland. His comments created tension among allies and overshadowed discussions on key issues like the war in Ukraine.

Enablers
Financezerohedge5mo ago

Enablers

Enablers Submitted by QTR's Fringe Finance There’s an obvious growing failure at the center of modern markets that, as a former short seller, has become beyond obvious to me over the years. It isn’t just fraud or aggressive accounting. It’s the ecosystem that allows both to thrive: financial media that won’t press, and a sell side that won’t risk upsetting management teams they depend on for access. We’ve seen this movie before. Enron did not implode because there were no warnin...