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Tag: short

George Soros’s Former Co-Founder Sounds Economic Alarm Saying, ‘The Next Problem Has To Be The Worst In My Lifetime’ — Waiting For Right Time To Go Short

The Quantum Fund’s historical performance is most often associated with Co-Founder George Soros. The fund achieved an average annual return of 30% from 1970-2000. Perhaps Soros’s most famous bet came against the pound in 1992 when it netted his fund about $1 billion in one trade, considered by some to be the greatest currency trade […]

Stocks are vulnerable to a 5% ‘air-pocket drawdown’ as greedy traders short volatility, research firm says

Drew Angerer/Getty Images Stocks are vulnerable to a 5% “air-pocket drawdown” as traders short volatility, Sevens Report Research said. VIX futures contract expirations recently started having a bigger impact on the S&P 500, reminiscent of 2018’s “Volmageddon” episode. “These expirations will remain dates to keep in mind as the threat of volatility will be elevated […]

Ackman Touts His ‘Psychological Short’ on Herbalife After Shares Sink

(Bloomberg) — Pershing Square’s Bill Ackman folded on his short bet against Herbalife Ltd nearly six years ago but he’s calling Thursday’s record tumble a win. Most Read from Bloomberg The stock of the weight-loss shakes and vitamins seller plunged 32% to a 14-year low, after a quarterly earnings report that fell short of analyst […]

NC falling short on skilled workers

Feb. 16—TRIAD — Guilford County and North Carolina overall are falling behind their goals for workforce education to meet a growing demand for skilled workers, according to the nonprofit group formed to track that progress. While North Carolina has increased the number of adults 25 to 44 years old with either a college degree or […]

Twilio Projects Sales Falling Short of Estimates After CEO Change

(Bloomberg) — Twilio Inc. projected revenue in the current quarter that fell short of expectations, offering the first view of its future since the software company’s longtime chief executive officer stepped down last month amid pressure from activist investors. The shares declined about 10% in extended trading. Most Read from Bloomberg Sales will be about […]

Utah’s experiment with ranked choice voting might get cut short

State lawmakers advanced a proposal to cut Utah’s experiment with ranked choice voting short despite opposition from some cities and new survey data finding bipartisan support for keeping ranked choice voting an option for municipal elections. The bill, HB290, sponsored by Rep. Katy Hall, R-South Ogden, would change the repeal date for Utah’s voting methods […]