GameStop's (NYSE: GME) unprecedented rally last year, which was largely driven by a massive short squeeze, caused some investors to seek out other heavily shorted stocks to buy into in hopes of netting similar gains. Today, I'll take a look at three heavily shorted stocks -- Bed Bath & Beyond (NASDAQ: BBBY), Beyond Meat (NASDAQ: BYND), and Upstart Holdings (NASDAQ: UPST) -- and see if they could be short-squeeze candidates.
For the third time, Google has postponed the anticipated deprecation of third-party cookies in its Chrome browser.
President Biden is set to sign legislation that could pave the way for a potential ban on TikTok within the United States. The controversial bill will grant ByteDance — the parent company of TikTok — a period of 270 days to secure a new American owner for the platform's operations in the country. Failure to comply may result in a forced ban on TikTok's presence in the US. Yahoo Finance's Legal Reporter Alexis Keenan provides insight into the legal arguments ByteDance could use to fight the bill. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
TORONTO — Rogers Communications Inc. reported a first-quarter profit of $256 million, down from $511 million a year ago, as it faced higher costs related to its Shaw Communications acquisition and restructuring efforts. The company says the profit amounted to 46 cents per diluted share for the quarter ended March 31, down from $1.00 per diluted share in the same quarter last year. Revenue totalled $4.90 billion, up from $3.84 billion a year earlier, helped by growth in its cable and wireless bus
Planning is in the works for the second annual Elder's Fishing Derby in Rankin Inlet on May 7 and 8. The derby is sponsored by the Pulaarvik Kablu Friendship Centre in Rankin with support from other local entities. The centre has a tentative budget for the event of about $15,000 for the two days, which will include transportation, hiring, cooks, snacks, supplies and either prizes or a gift bag for each elder. Derby co-ordinator Jamesie Alariaq said the friendship centre hopes to build upon the s
Performance Aligns with Analyst Projections Despite Regulatory Charges
Russia’s Deputy Defense Minister Timur Ivanov was “sent to a pretrial detention center” on Wednesday, April 24, after he was arrested on suspicion of accepting a bribe.Ivanov was charged with “receiving a bribe on an especially large scale,” according to the Moscow Courts service.At Basmanny District Court of Moscow on Wednesday, it was decided Ivanov would be sent to a pretrial detention center, where he would remain until June 23.This footage shows Ivanov in military uniform during his court appearance.He could face up to 15 years in prison and a fine of up to 70 times the amount of the bribe he allegedly received, according to the Russian news agency Interfax.Ivanov was arrested at his workplace on Tuesday, April 23, according to TASS.Ivanov was listed as an “individual involved in corruption” by the Anti-Corruption Foundation, a non-profit organization founded by the late Alexei Navalny. Credit: Moscow Courts via Storyful
Social media giant Meta will report its Q1 earnings after the bell Wednesday.
First Western Financial, Inc. (NASDAQ:MYFW) Q1 2024 Earnings Call Transcript April 19, 2024 First Western Financial, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and thank you for standing by and welcome to the First Western Financial […]
After days with a frost and freeze threat, temperatures will be heating up in southern Ontario this weekend. An active storm track will drag both warmth and moisture into the region, introducing a summer-like humidex
Retail sales decreased 0.1% in February after a 0.3% contraction in January, Statistics Canada said, adding a preliminary estimate showed that sales were likely to remain unchanged in March. Two back-to-back months of falls in retail sales reflect the continued strain on the economy from high interest rates. Analysts polled by Reuters had forecast a 0.1% rise in retail sales in February.
The War and Treaty coming to Denver for free concert
Raducanu will look to build on her strong form on clay against the qualifier in the first-round of the Madrid Open
The TikTok crackdown was inserted into a long-stalled $95 billion foreign aid bill that sends assistance to Ukraine, Israel and Taiwan.
Thirty million Americans are under a noncompete. Here's how a ban could change that.
Stock Market Today: The Dow Jones fell Wednesday as Boeing and Tesla jumped on earnings. Meta earnings are due late.
Tuesday’s 5-0 hammering at the Emirates Stadium was their worst ever result against the Gunners.
As the world grapples with the challenges of food security, the spotlight turns to aquaculture, a sustainable ...
Police in Brooklyn made scores of arrests after a standoff on the streets, days after hundreds of arrests were made at Columbia University and NYU.
Hawaiian Holdings, Inc. (NASDAQ:HA) Q1 2024 Earnings Call Transcript April 23, 2024 Hawaiian Holdings, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings and welcome to the Hawaiian Holdings, Inc. First Quarter 2024 Financial Results Call. At this time, […]
In one of the largest studies of its kind, the World Health Organisation examined data for 280,000 children from 44 countries.
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