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The GameStop Squeeze and the Demise of the Short Seller
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Tech Rout Hits Stocks as Treasuries Gain After GDP: Markets Wrap
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(Bloomberg) The latest Nvidia Corp. frenzy is fueling an unprecedented rally in the booming industry of leveraged-up ETFs as retail traders go all-in on the world’s “most important stock.”Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersWall Street Returns to T+1 Stoc
Wall Street s high-momentum rally has bearish trades cratering fast
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(Bloomberg) A prominent Tesla Inc. investor on Wall Street warns his bullish case would be in jeopardy should Elon Musk abandon the long-held bid to bring a low-cost vehicle to the masses.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsAs the electric-vehicle ma