How short selling Snapchat could be the best trade of the year
In this article:
With Snapchat stocks on the rise, Yahoo Finance's Seana Smith, Andy Serwer, Julia LaRoche and Dan Howley discuss whether short sellers were the winners.
Advertisement
Recommended Stories
Brazilian airline Azul's losses narrow in first quarter
Brazilian airline Azul's losses narrowed in the first quarter to 324.2 million reais ($62.86 million), it reported on Monday, as demand for air travel in the country picked up. The airline, which has faced high leasing and interest costs, has also been hurt by the depreciation of Brazil's real against the dollar and reported a loss of 847.3 million reais related to foreign exchange swings in the first quarter.
ReutersDow Jones Futures Up After Hot Inflation Data, Powell Next; GameStop Rockets 120%
Dow Jones futures dropped Tuesday on the stock market today on hot inflation data. Fed Chair Jerome Powell is next. GameStop stock rocketed 131%.
Investor's Business Daily'Which Bucket Do I Draw From First?' Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts
When Ellen, a 67-year-old retiree, reached out to Suze Orman during her podcast, she had a straightforward yet crucial financial inquiry: "Which bucket do I draw from first?" Ellen, whose Social Security covers most of her daily living expenses, needed guidance on how to use her different types of retirement accounts for additional expenditures like travel. Don't Miss: The recommended retirement savings amount is $550K, but here is why so many Americans are falling short. Reddit user reveals his
BenzingaUS producer prices increase more than expected in April
U.S. producer prices increased more than expected in April amid strong gains in the costs of services and goods, indicating that inflation remained elevated early in the second quarter. The producer price index for final demand rose 0.5% last month after falling by a downwardly revised 0.1% in March, the Labor Department's Bureau of Labor Statistics said on Tuesday. Financial markets expect the Federal Reserve to start its easing cycle in September, though some economists believe the first interest rate cut could come in July.
ReutersGameStop stock gains more than 100% as meme-stock market returns with a vengeance
GameStop stock stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.
Yahoo Finance1 Ridiculously Undervalued Growth Stock Down 93% to Buy Hand Over Fist Right Now in May
Investors are not convinced that this cheap stock is safe from the rising effectiveness of artificial intelligence.
Motley FoolAlibaba Stock Dives After Earnings, But Is BABA Stock A Buy Now?
Alibaba stock rallied strongly ahead of its Q1 report, but a revenue beat was offset by an 86% drop in quarterly profit.
Investor's Business DailyIt’s Not Just GameStop or AMC. SunPower and More Shorted Meme Stocks Are Flying.
One-time meme stocks and other heavily-shorted names are rocketing higher in a new retail investor frenzy.
Barrons.com10 Stocks 'Roaring Kitty' Should Target Next Instead Of GameStop
Meme-stock maven Roaring Kitty surfaced on social media again to hype GameStop shares. But there are better targets beyond the S&P 500.
Investor's Business DailyPrediction: These Are Wall Street's Next 3 Stock-Split Stocks to Follow Walmart and Chipotle Mexican Grill
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.
Motley Fool