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Business

Nikola Short Sellers Take a Hit on EV Maker’s Recent Rally

Jennifer DuBois -
(Bloomberg) -- Nikola Corp. shares surged this week in a rally that’s eating into paper profits for traders betting against the electric-vehicle maker...
Business

Defiant Stock Bulls Are Acting Like the Earnings Recession Is a Hoax

Jennifer DuBois -
(Bloomberg) -- Another week, another 600 points in the Nasdaq 100. How does this keep happening? It may be that despite the Federal...
Business

U.S. Apartment Values ‘Will Plunge A Further 20%,’ Economists Say, But Wall Street Still Sees Major Upside In These REITs — Be Greedy When...

Jennifer DuBois -
After falling for seven straight months, the Case-Shiller U.S. National Home Price Index finally showed upticks in February and March. But according to...
Business

BlackRock Files For Bitcoin ETF; Coinbase Stock Surges

Jennifer DuBois -
World's largest asset manager BlackRock (BLK) filed for a bitcoin exchange-traded fund with the Securities and Exchange Commission Thursday, Reuters reported. BlackRock partnered...
Business

I-Bonds vs. CDs: Which Is the Better Investment Right Now?

Jennifer DuBois -
When you put money in a deposit account, beating inflation is an important goal. Series I U.S. savings bonds are designed to do...
Business

Diplomatic Missions: Elon Musk, Li Qiang In Europe; Blinken Heads To China

Jennifer DuBois -
Tesla (TSLA) Chief Executive Elon Musk me Friday with French President Emmanuel Macron, the second time in a little more than a month,...
Business

S&P 500 Above 4,400 Leaves No Room for More Gains, Citigroup Says

Jennifer DuBois -
(Bloomberg) -- The bull-market rally in US stocks is about to run out of steam, according to Citigroup Inc.Most Read from BloombergStrategists at...
Business

How GE Makes Money

Jennifer DuBois -
General Electric Co. (GE) is a global industrial company that provides power generation, renewable energy, and industrial aviation products. GE serves customers almost...
Business

Stock rally takes breather, but S&P 500, Nasdaq have best week since March: Stock market news today

Jennifer DuBois -
US stocks lost steam on Friday as a recent rally took a pause amid signs of a resilient economy that boosted hopes the...
Business

Supertanker rate roller coaster: Surprise spike to $91,000 per day

Jennifer DuBois -
IEA predicts long-haul crude trade will increaseDemand for long-haul crude transport aboard VLCCs is expected to rise at the very time the orderbook...
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