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Short sellers have made a killing in the recent banking crisis, scalping $14.3 billion from bank stock owners just in March of this year. Short sellers "borrow" stock they don't own and immediately sell it, driving the price down. Then they buy
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Update (1035ET): As we suspected, a Pentagon spokeserson has confirmed there has been no explosion at The Pentagon this morning. So as we asked at the bottom: who started it?
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JPMorgan Chase CEO Jamie Dimon said Thursday that markets will be gripped by panic as the U.S. approaches a possible default on its sovereign debt.
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Days before PacWest Bancorp tanked from the mid-20s to the mid $2 range in 48 hours, Rep. Dan Goldman (D-NY) - the Levi Strauss heir / Trump impeachment lead counsel-turned-lawmaker, sold his shares in the beleaguered bank.
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Every time that they tell us that everything is fine, things just seem to get even worse.
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-- before it tanked by 80% - as AOC spearheads bill to ban stock trading by Congress members
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New Study Shows ChatGPT Surprisingly Accurate in Predicting Stock Moves And Could Even Replace Investment Analysts
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Fire Joe Biden, Not Tucker Carlson! - Ep 890
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Environmental wokeness has become a liability for investors
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Morgan Stanley's US stock chief sees more than 20% downside coming for the S&P 500 and warns of an earnings recession on banking sector turmoil
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Somewhere, Elizabeth Warren is tearing her hair out.
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Shares of Alphabet slid during premarket trading in New York on Monday following a New York Times report on Sunday that revealed South Korean consumer electronics giant Samsung was considering replacing Google with Microsoft's Bing as the default sea
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It usually doesn't take long for Wall Street's "hot takes" to come flooding in after the CPI report, and today was no exception.
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Since the launch of OpenAI's ChatGPT in late 2022, stocks of artificial intelligence firms worldwide have experienced a substantial increase in market capitalization.
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Western Alliance Bancorporation (WAL.N) said on Wednesday its first-quarter deposits were 11% lower than at the end of 2022, as customers spooked by the sudden collapse of two U.S. mid-sized lenders pulled out funds.
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A 'Big Short' investor sees financial disaster brewing in housing markets
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A credit default swap (CDS) is a financial derivative that allows investors to hedge or speculate on the credit risk of a particular debt instrument, typically a bond or loan.
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It's only appropriate that the day after the weekly dose of doom and gloom from Marko Kolanovic and Mike Wilson, that stocks soar to the highest level in almost two weeks.
