AMC short sellers dealt massive $1.2 billion blow after weeklong stock rally
Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | …
Financial News
WHO says Covid origin investigation is being ‘poisoned by politics’
A top World Health Organization official said Friday that investigations into the origins of Covid-19 are being “poisoned by politics.” U.S. President Joe Biden announced Wednesday that he’s ordered intelligence …
Massive bitcoin mine discovered in UK after police raid suspected cannabis farm
Bitcoin mine uncovered during Black Country industrial unit raid that was stealing thousands of pounds worth of electricity from the mains supply. Source: West Midlands Police LONDON — An illegal …
AMC Entertainment shares shoot up 35% as Reddit traders double down
AMC has overtaken GameStop to become the most-loved stock in the infamous WallStreetBets Reddit forum, according to Bank of America’s analysis of stock mentions on the platform. With its massive …
Biden orders closer review of Covid origins as U.S. intel weighs Wuhan lab leak theory
Security personnel stand guard outside the Wuhan Institute of Virology in Wuhan as members of the World Health Organization (WHO) team investigating the origins of the COVID-19 coronavirus make a …
S&P 500 erases gains and ends day slightly lower as market rally stalls
U.S. stocks wiped out earlier gains and finished Tuesday’s session lower as the market struggled for a direction. The S&P 500 dipped 0.2% to 4,188.13, dragged down by the energy …
Bitcoin’s trading action lately is wild even by crypto’s standards and the drama is not over yet
VIDEO 5:17 05:17 CoinShares’ Demirors on what’s fueling bitcoin volatility The Exchange Bitcoin is still in a stretch of double-digit intraday moves after briefly halving its value last week, and …
Bitcoin resumes sell-off over weekend, falls below $32,000
The bitcoin selloff continued Sunday following a roller-coaster week of trading, as authorities in China and the U.S. move to tighten regulation and tax compliance on cryptocurrencies. Bitcoin fell roughly …
U.N. Security Council calls for ‘full adherence’ to Gaza cease-fire, immediate humanitarian aid
The U.N. Security Council on Saturday called for a “full adherence” to the cease-fire in Gaza and urged immediate humanitarian aid for Palestinian civilians in its first statement on the …
White House sees global minimum corporate tax as key to broader multilateral approach
U.S. President Joe Biden speaks about jobs and the economy at the White House in Washington, April 7, 2021. Kevin Lamarque | Reuters The White House on Friday stressed that …