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Hedge funds are sitting on a record level of bearish bets on the stock market
Hedge funds are sitting on a record level of bearish bets on the stock market
Traders work on the floor of the New York Stock Exchange (NYSE), August 17, 2022.
Brendan McDermid | Reuters
Hedge funds are getting increasingly skeptical about this big rally that broke out in the middle of a bear market.
Net short positions against the S&P 500 futures by hedge funds have reached a record $107 billion this week, according to calculations by Greg Boutle, head of U.S. equity and…
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#Breaking News: Business#Breaking News: Investing#Breaking News: Markets#Business News#Investment strategy#Markets#S&P 500 Index#stock markets#Wall Street
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Salman Rushdie stabbed in neck, airlifted to hospital
Salman Rushdie stabbed in neck, airlifted to hospital
Author Salman Rushdie is reportedly on a ventilator and unable to speak after being attacked while on stage in western New York on Friday.
State troopers confirmed in a press conference Friday afternoon that Rushdie was stabbed at least once in the neck and at least once in the abdomen while on stage for a panel in Chautauqua in western New York.
Staff and audience members rushed to the stage and…
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#airlifted#Breaking News: Business#business news#crime#hospital#media#neck#New York#Politics#publishing#Rushdie#Salman#Salman Rushdie#stabbed
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Shipping giant Maersk confirms it chartered ship that collided with Baltimore bridge
A US Coast Guard helicopter flies over the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, US, on Tuesday, March 26, 2024. The commuter bridge collapsed after being rammed by the Dali ship, causing vehicles to plunge into the water. Photographer: Al Drago/Bloomberg via Getty Images
Bloomberg | Bloomberg | Getty…
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Apple offers rivals access to mobile payment tech in EU antitrust case
Apple CEO Tim Cook attends the “Senior Chinese Leader Event” held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023.
Carlos Barria | AFP | Getty Images
Apple has offered to give rivals the ability to access and interoperate with its…
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#Apple Inc#Breaking News: Business#Breaking News: Technology#business news#Internet#Media#technology
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GM secures new $6 billion credit line as UAW strike costs reach $200 million
DETROIT – General Motors secured a new $6 billion line of credit as the automaker braces for additional strikes by the United Auto Workers union.
“The facility that we announced today is a $6 billion line of credit that I think is prudent in light of some of the messages that we’ve seen from some of the UAW leadership that they intend to drag this on for months,” CFO Paul Jacobson told CNBC’s…
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#Autos#Breaking News: Business#Business#business news#Detroit#Ford Motor Co.#General Motors Co.#Labor economy#Mary Barra#Paul Jacobson#Personnel#Stellantis NV#Transportation
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Dollar General stock plunges as 'challenging' economic backdrop drives dismal earnings report
A shopper at a Dollar General store
Daniel Acker | Bloomberg | Getty Images
Dollar General’s core customers are reining in their spending amid a worse-than-expected macroeconomic backdrop, leading the discounter to slash its full-year outlook after a dismal earnings report Thursday.
Shares of Dollar General plunged nearly 20% Thursday, closing at $161.86 after the retailer missed estimates on…
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#Breaking News: Business#Breaking News: Earnings#Business#Business News#Dollar General Corp#Earnings#Retail industry
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hermitcraft season 10 | bdubs
#hermitblr#hermitcraft#bdubs#bdoubleo100#bdoubleo#bdoubleo100 fanart#my art id#a quick drawing between classes#i am So Busy all the time but i Will make time for hermitcraft season 10#rip to all the work i was supposed to do during my break#also new brush! i like this one for when i go straight to color
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United Airlines (UAL) earnings Q4 2022
United Airways‘ fourth-quarter revenue and outlook for early 2023 topped Wall Avenue estimates due to sturdy journey demand and excessive fares.
Shoppers’ urge for food for air journey and willingness to pay increased fares has helped airways return to profitability regardless of increased prices for gas, labor, and different bills tied to ramping their networks again up. In the meantime, plane…
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#Aerospace and defense industry#Airlines#American Airlines Group Inc#Breaking News: Business#Business#business news#Delta Air Lines Inc#Earnings#Life#Markets#Politics#Southwest Airlines Co#Transportation#Travel#United Airlines Holdings Inc
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#Breaking News: Business#Coronavirus#Disease outbreaks#Epidemics#Pandemics#Biotechnology#Biotech and Pharmaceuticals#U.S. Economy#Politics#Health care industry#Business#business news
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Omicron boosters are 84% effective at keeping seniors from being hospitalized with Covid, CDC says - CNBC
Omicron boosters are 84% effective at keeping seniors from being hospitalized with Covid, CDC says – CNBC
The latest omicron boosters are 84% effective at keeping seniors 65 and older from being hospitalized with Covid-19 compared with the unvaccinated, according to a study published by the Centers for Disease Control and Prevention on Friday.
And seniors who received the omicron booster had 73% more protection against hospitalization than those who only received two or more doses of the…
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#Biotech and Pharmaceuticals#Biotechnology#Breaking News: Business#Business#business news#Coronavirus#Disease outbreaks#Epidemics#Health care industry#Pandemics#Politics#U.S. Economy
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Gen Z loves Minions, horror and Dwayne 'The Rock' Johnson
Gen Z loves Minions, horror and Dwayne ‘The Rock’ Johnson
Group of cheerful people laughing while watching movie in cinema.
Zoran Zeremski | Istock | Getty Images
Gen Z has been an enigma to the entertainment industry for years. But now there’s more insight into what they like.
The short answer: Minions and Dwayne “The Rock” Johnson, according to new data from decision intelligence company Morning Consult.
The long answer: Generation Z fits into some…
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#Breaking News: Business#Business#business news#comcast corp#Entertainment#Life#movies#Netflix Inc#Sony Group Corp#Walt Disney Co#Warner Bros Discovery Inc
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Three industries ripe for automation, according to a robotics guru
A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference held by the Association for Advancing Automation in Detroit.
Michael Wayland / CNBC
DETROIT — The automotive and logistics industries are no strangers to robots.
They’re among the most heavily invested businesses in…
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#Autos#Breaking News: Business#Business#Business News#Cognex Corp#Deere & Co#Pilgrims Pride Corp#Transportation#Tyson Foods Inc
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