Dow Futures Drop Nearly 400 Points as Investors Assess Fed Update
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The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according to data from S3 Partners’ Ihor Dusaniwsky. …
Short sellers are up $114 billion this year with winning bets against Tesla and Netflix
The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according to data from S3 Partners’ Ihor Dusaniwsky. …
Genting Hong Kong CEO Lim Resigns After Winding-Up Filing
Genting Hong Kong Chairman and Chief Executive Officer Lim Kok Thay resigned, days after the company filed to wind up its business in one of the biggest stumbles by a cruise operator since the pandemic began. …
Stocks Making the Biggest Moves After Hours: Netflix, Csx & Moree
Netflix shares dropped 19% in extended trading after the company’s quarterly report showed slowing subscriber growth. …
Asian Stocks, U.S. Futures Rise as Bonds Stabilize: Markets Wrap
U.S. futures and Asian stocks rose Thursday as sentiment received a fillip from a pause in the global sovereign-bond selloff and possible steps to ease the cash crunch in China …
Stock Futures Are Flat After Sell-Off on Wall Street, More Bank Earnings Ahead
U.S. stock futures were steady in overnight trading on Tuesday following a sell-off on Wall Street triggered by surging bond yields. …
European Shares Edge Higher Ahead of Earnings; China Adds Stimulus
European shares recovered from Friday's losses on Monday as investors focused on company earnings and U.S. Federal Reserve policymakers entered a quiet period ahead of their meeting next week. …
China Cuts Interest Rate as Growth Risks Worsen With Omicron
China’s central bank cut its key interest rate for the first time in almost two years to help bolster an economy that’s lost momentum because of a property slump and repeated virus outbreaks. …
JPMorgan, Albertsons, Delta Air Lines: Stocks That Defined the Week
The trading boom is slowing down. JPMorgan on Friday said its quarterly profit dropped 14%, and Citigroup’s fourth-quarter profit fell 26% as both Wall Street giants reported falling trading revenue. …
Country Garden Drop Weighs on Property Sector: Evergrande Update
Shares of Country Garden Holdings Co. fell for a third day after China’s largest developer failed to get enough interest for a $300 million convertible bond, weighing on other higher-rated property firms amid contagion concerns. …
