As the ongoing systems outage at software provider CDK Global stretches into its second week, car dealerships are racking up millions of dollars in losses, according to a new estimate. Workers across the US automotive industry told CNN that the software blackout, which the company said was caused by a cyberattack, has made it difficult […]
Nvidia (NVDA) short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies. Nvidia share price was up over 3% on Tuesday. Stock slump The stock has slumped 13% and lost $430 billion in market capitalization […]
STORY: Nvidia short sellers have raked in nearly $5 billion in profits – at least on paper – from the AI chip designer’s sharp selloff over the past three sessions. That’s according to data analytics firm Ortex Technologies. The stock’s meteoric rise culminated on June 18, when Nvidia eclipsed Microsoft as world’s most valuable company. […]
(Reuters) – Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies. The stock has slumped 13% and lost $430 billion in market capitalization since June 18, when it briefly became the world’s most […]
(Bloomberg) — Take out the few big tech companies that keep pushing the S&P 500 Index to all time highs and it looks like the engine is running on fumes. Most Read from Bloomberg While the index is marching from one record to the next, fewer and fewer stocks are participating in this year’s rally. […]
OTTAWA COUNTY — The median home in Ottawa County listed for $516,000 in May, up 8.1% from the previous month’s $477,450, an analysis of data from Realtor.com shows. Compared to May 2023, the median home list price increased 8.6% from $474,950. The statistics in this article only pertain to houses listed for sale in Ottawa […]
ALLEGAN COUNTY — The median home in Allegan County listed for $465,813 in May, down 0.8% from the previous month’s $469,681, an analysis of data from Realtor.com shows. Compared to May 2023, the median home list price increased 0.3% from $464,300. The statistics in this article only pertain to houses listed for sale in Allegan […]
LIVINGSTON COUNTY — The median home in Livingston County listed for $497,959 in May, up 0.6% from the previous month’s $495,000, an analysis of data from Realtor.com shows. Compared to May 2023, the median home list price increased 9.5% from $454,900. The statistics in this article only pertain to houses listed for sale in Livingston […]
MicroStrategy Short Sellers Waver as Stock Price Soars MicroStrategy currently has $6.9 billion in major short positions, with 18 of these listed on Fintel’s “The Big Shorts” list, which tracks the largest short positions disclosed to the SEC. The largest individual short position stands at approximately $2.4 billion, making it the 27th largest net short […]
Trump Media & Technology Group has fired another salvo in its war on short sellers betting against Donald Trump’s namesake social media company. Devin Nunes, CEO of Trump Media, has asked the Nasdaq to cooperate in investigating the alleged market manipulation of the company’s shares. He is seeking trading information from 13 financial firms and […]
Rand and PAMP gold bars sold by Costco.Costco Gold bars and silver coins continue to show strong sales for Costco. The company sells an estimated $200 million per month of the metals. Though the markup is low, these high-value items help the company show strong e-commerce growth. Gold bars and silver coins had another quarter […]
The Nasdaq’s downside reversal Thursday fueled selling in a lot of growth stocks, including Dow Jones stock Salesforce (CRM), which slumped nearly 2% in higher volume and contributed to the Dow’s 600-point decline. CRM stock has had trouble attracting buyers after shares gapped down on April 15. It’s one of several high-profile earnings reports due […]