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๐จ๐ญUBS, Switzerland's largest bank, reported ownership of shares in BlackRock's Bitcoin ETF in an SEC filing
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BREAKING: ๐จ๐จ Short sellers have now lost $1.8 BILLION on $GME and $AMC short positions over the last 2 weeks.
Short seller losses on todayโs move alone were $1.2 billion.
@Fin_Watch
Short seller losses on todayโs move alone were $1.2 billion.
@Fin_Watch
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๐ฃ Indeed plans to cut about 1,000 employees, or roughly 8% of its workforce, the job-search websiteโs second culling in two years - Bloomberg
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BREAKING: ๐จ๐จ Short sellers of $GME and $AMC are down $3.5 billion today.
This puts 2-day short seller losses at $5 billion.
@Fin_Watch
This puts 2-day short seller losses at $5 billion.
@Fin_Watch
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๐บ๐ธ SUMMARY OF FED CHAIR POWELL'S COMMENTS (5/14/24):
1. "Overall a good picture looking at US economic data"
2. Inflation was notable in Q1 for the lack of further progress
3. Housing inflation has been a bit of a puzzle for the Fed
4. Restrictive policy may take longer than expected to lower inflation
5. Unlikely the Fed's next move will be an interest rate hike
6. "Credibility is everything for central banks"
@Fin_Watch
1. "Overall a good picture looking at US economic data"
2. Inflation was notable in Q1 for the lack of further progress
3. Housing inflation has been a bit of a puzzle for the Fed
4. Restrictive policy may take longer than expected to lower inflation
5. Unlikely the Fed's next move will be an interest rate hike
6. "Credibility is everything for central banks"
@Fin_Watch
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๐บ๐ธ US threatened possible sanctions against ๐ฎ๐ณ India after India and ๐ฎ๐ท Iran signed the Chabahar Port deal
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๐ฃ World's largest cruise company 'Carnival' announces 100% of its ships are now equipped with Elon Musk's Starlink internet.
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@Fin_Watch
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๐ฃ Jim Cramer says he "can't see Gamestop, $GME, trading at $64 or even $44 and the responsible move is to sell, sell, sell."
Jim Cramer also says that AMC Entertainment, $AMC, is a "dead man walking."
@Fin_Watch
Jim Cramer also says that AMC Entertainment, $AMC, is a "dead man walking."
@Fin_Watch
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๐ฅ BREAKTHROUGH: China ๐จ๐ณ has mastered mass production of 5nm semiconductor chips despite US sanctions.
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@Fin_Watch
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๐จ๐จ๐จ JUST IN: ๐บ๐ธ Elon Musk ordered to testify in SEC's investigation into $44 billion Twitter acquisition.
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@Fin_Watch
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๐ซ๐ท France bans TikTok and declares state of emergency in New Caledonia amid deadly riots
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