All posts by: r4ibom

GameStop Corp. shares reversed course Monday, retreating from their record weekly gain, after one noted analyst said more than half of the short positions on the stock had been eliminated.

A gauge of the confidence of individual investors, colloquially referred to as “dumb money,” was breaching a level at 0.67 that SentimenTrader’s Jay Kaeppel deemed indicative of trouble for forward returns in the S&P 500 index.

The Treasury Department said Monday it expects to borrow $274 billion in the first quarter, which is $853 billion lower than previously estimated.

U.S. Treasury yields pulled back Monday as investors eyed heated discussions over the size of another fiscal relief package.

Fixed-income investors are fixating on the idea that trillions worth of pandemic stimulus could end up eroding the value of their holdings. But one obscure slice of the U.S. bond market also could be suggesting that reflation is only temporary.

The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 103 million on Monday with the U.S. accounting for a quarter of that number, as a snowstorm created blizzard conditions across the Northeast and shuttered vaccination sites.

Amazon.com Inc. has already had its most profitable year. But with Prime Day 2020 taking place in October and the holiday shopping season still to be accounted for, the e-commerce giant will only add to the tally.

Futures for gold and silver on Monday trade sharply higher, with bullion’s sister metal hanging around its loftiest level in about 8 years, as dealers attribute recent gains to the spillover of coordinated buying among individual investors gathering on social-media platforms.

Europe overtook China in 2020 to become the world’s largest market for electric vehicles, amid a pedal-to-the-metal push to increase EV adoption from governments and supercharged demand from consumers.

Facebook Inc. is letting iPhone users know how their data is being used for personalized ads in a pre-emptive move before Apple Inc. makes privacy changes to its operating system that Facebook claims will hurt its advertising business.

Deal comes amid boom in leisurewear as COVID-19 lockdowns have kept people at home.

Elon Musk, the chief executive officer of electric-car maker Tesla, became the interviewer on live-audio conversation app Clubhouse on Monday, as he fired questions at the co-founder and chief executive officer of free trading app Robinhood.

Alibaba Group Holding Ltd. will look for some redemption Tuesday after a tough few months that have seen its shares slide amid regulatory pressures.

Myanmar’s army launched a coup on Monday morning against the elected government of Nobel peace prizewinner Aung San Suu Kyi, who was detained after early morning raids.

Oil futures gain ground Monday, buoyed in part by a survey indicating crude output by the Organizaton of the Petroleum Exporting Countries rose less than expected in January.

‘My ex’s lawyer refused to provide copies of the policy that their lawyer sanctioned, and still has not followed multiple judicial rulings.’

What behavioral science sees in both WallStreetBets and QAnon.