Investors betting against electric-vehicle stocks take note: Five of 25 stocks that short-selling research firm S3 Partners identified this month as being at risk of a short squeeze are in the EV busi...
Tag: Disruptions
GameStop Stock Is Splitting to $38. Trading Starts Today.
Text size GameStop has been hit hard as more people download games rather than using physical discs. Justin Sullivan/Getty Images The GameStop saga is set to take another turn on Friday when shares be...
GameStop Stock Is Splitting to $38. Trading Starts Friday.
Text size GameStop has been hit hard as more people download games rather than using physical discs. Justin Sullivan/Getty Images The GameStop saga is set to take another turn on Friday when shares be...
GameStop, AMC, EV Startups, and Others Are Among the Most Shorted Stocks
Text size Lordstown Motors is on a list of squeezable stocks. Courtesy Lordstown Motors Investors who have bet against the electric-vehicle industry should take note. Five of 25 U.S. companies that th...
Canoo, Lordstown, Other EV Startups Are at Risk of a ‘Short Squeeze’. Beware.
Text size Lordstown Motors is on a list of squeezable stocks. Courtesy Lordstown Motors Investors who have bet against the electric-vehicle industry should take note. Five of 25 U.S. companies that th...
Google’s stock split won’t matter in a recession, analyst says
Shares of Alphabet Inc. slumped Monday, with MKM Partners analyst Rohit Kulkarni saying the impact of an economic slowdown could offset the benefits from the long-waited stock split taking effect. The...
Carvana’s Share Price, Down 95% Since Pandemic Peak, Hits Another Roadblock
Few stocks suffered more after interest rates started rising than online used car seller Carvana its shares off 95% since their pandemic peak in August 2021. Carvana’s shares took their latest leg dow...
IBM’s Earnings Are Monday. Here’s What to Expect.
Text size IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg IBM kicks off the tech earnings season when it ...
Big Investor Sold Apple Stock, Bought Coinbase, GE, and Nvidia
Text size Customers shop at an Apple Store. Chip Somodevilla/Getty Images A large European asset manager recently made material changes in its largest U.S-traded stock investments. DNB Asset Managemen...
Hate Tesla? Investors Can Short the EV Maker With a New Single-Stock ETF.
Text size There is a single-stock ETF that allows anyone to short Tesla stock now. Chris Delmas/AFP via Getty Images Tesla investors have a new way to play the electric vehicle maker in the U.S.—singl...
Taiwan Semi shares rise after earnings, sales beat forecasts
Shares of Taiwan Semiconductor Manufacturing Co. rose on Thursday after the third-party silicon wafer manufacturer reported forecast-beating earnings and sales in its June-ending quarter. TSMC TSM, +2...
Unity Stock Is Plunging. Investors Are Losing Faith in the Company’s Strategy.
Text size John Riccitiello joined Unity as CEO in 2014, after a six-year stint running Electronic Arts. David Paul Morris/Bloomberg Unity Software investors are throwing up their hands in despair. Aft...
BYD Stock Is Sinking. Warren Buffett May Be One Reason Why.
Text size BYD is a major manufacturer of electric vehicles. Qilai Shen/Bloomberg Shares in BYD sank on Tuesday amid speculation that high-profile investor Warren Buffett’s Berkshire Hathaway was selli...
Alibaba Stock Is Tumbling. Chinese Tech Has a New Headache.
Text size After a brutal 2021, Alibaba shares have been outperforming in 2022. Greg Baker/AFP via Getty Images Alibaba stock and other Chinese tech shares were tumbling on Monday as amid fresh fines f...
Freeport-McMoRan and Rio Tinto Stock Could Be Golden
Text size Freeport-McMoRan and Rio Tinto are top picks of Jefferies analyst Chris LeFemina. Above, copper rods used to machine parts. Photo by Scott Olson/Getty Images Freeport-McMoRan and Rio Tinto m...
Reddit Traders Haven’t Given Up on GameStop. Neither Have Short Sellers.
Text size GameStop announced a stock split, a CFO departure, and layoffs this week. Spencer Platt/Getty Images GameStop was back in the news this week after the company announced a stock split, a CFO ...
Elon Musk Bails on Twitter: What It Means for the Stock
Text size Tesla CEO Elon Musk filed to end his $44 billion merger agreement with Twitter on July 8. POOL/AFP via Getty Images Tesla CEO Elon Musk’s move to terminate his $44 billion deal to purchase T...
Tesla Stock Stands to Gain if Musk Succeeds in Ending Twitter Deal
Text size Elon Musk announced he his ending his deal to buy Twitter, but the social media company said it plans to enforce the agreement. Jim Watson/AFP via Getty Images If Elon Musk succeeds in endin...
Upstart stock plunges again after admitting it won’t hit disappointing forecast
Upstart Holdings Inc. disappointed investors with its guidance in May, and faces Wall Street’s wrath once again after admitting Thursday it came up well short of the mark. Upstart UPST, +1.96% disclos...
Cleveland-Cliffs Stock Has Gotten Crushed. Why It May Be Worth a Look.
Text size Steel prices had a roller coaster year; they went up in March and down in May. Tom Mihalek/Getty Images Recession panic has slammed Cleveland-Cliffs stock. But long-term demand for steel, pa...
GameStop Shares Rise After Board Declares 4-for-1 Stock Split
GameStop declared a 4-for-1 stock split Wednesday, sending shares of the videogame retailer higher in after-hours trading. The Grapevine, Texas-based company proposed a stock split in March, although...
Ford F-150 Lightning Sales Jump While Mach E Sales Dip.
Text size Sales of Ford’s F-150 Lightning pickup truck increased to about 1,800 units in June. Courtesy Ford Ford Motor released U.S. sales figures for June on Tuesday, and sales of its all-elec...
In a worrisome sign for e-commerce, Kornit Digital slashes forecast and stock plunges 20%
In a sign of continuing worries about e-commerce activity, Kornit Digital Ltd. slashed its forecast for the second quarter Tuesday and suggested the third quarter isn’t expected to be much better, sen...
Berkshire Hathaway Seems Headed for a 20% Stake in Occidental
Text size Berkshire Hathaway CEO Warren Buffett likes energy companies. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway has rapidly increased its stake in Occidental Petroleum to 17.4...
Ford’s U.S. Sales Increase 32% in June, Outpacing Broader Industry
Ford Motor reported a nearly 32% increase in U.S. sales in June, beating out much of the industry as it improved truck and SUV deliveries and benefited from the rollout of a new all-electric pickup. O...
U.S. flight disruptions finally ease as the holiday weekend winds down
Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images U.S. airline delays eased on Monday as we...
Tesla’s Bumpy Quarter Might Be About More Than Lockdowns in China
The smooth acceleration shown by Tesla in the past two years faltered in the second quarter. Chief Executive Elon Musk has offered hints that the problems run deeper than lockdowns in Shanghai. On Sat...
Crypto’s Domino Effect Is Widening, Threatening More Pain
Turmoil in the digital-assets ecosystem has grown in recent weeks, with losses in cryptocurrencies blowing holes in balance sheets and pushing firms near bankruptcy. After a pair of cryptocurrencies c...
Boeing Stock Gains Despite Airbus Win on China Jet Orders
Text size Competition between Boeing and Airbus has long been fierce, and will remain so. Scott Barbour/Getty Images Airbus started the second half of the year with a nice win, taking potential busine...
Carnival and Other Cruise Operators Face Too Many Headwinds. Steer Clear of the Stock.
An analyst note predicting Carnival stock could fall to zero in a worst-case scenario has revived concerns about the cruise industry. Here, a Carnival ship docked at Key West, Fla., earlier this year....
AMD Stock Is the Chip Play for a Recession, Says Analyst
Text size Advanced Micro Devices’ server-chip business likely wouldn’t be hurt by a recession, according to Northland Capital Markets. Justin Sullivan/Getty Images AMD shares now offer a g...
‘Squeezable’ AMC, GameStop stocks break out to multi-month highs
Shares of both AMC Entertainment Holdings Inc. and GameStop Corp. surged to multi-month highs Wednesday, as they extended breakouts above previous chart resistance levels. The rallies come after Ihor ...