(Reuters) – Shares of software firm Alfi Inc finished up 108.8% on Tuesday, one of the latest companies that has seen its stock surge in…
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He Warned Apple About the Risks in China. Then They Became Reality.
Doug Guthrie spent 1994 riding a single-speed bicycle between factories in Shanghai for a dissertation on Chinese industry. Within years, he was one of America’s…
Facebook Is Said to Be Building a Product to Compete With Clubhouse
SAN FRANCISCO — Facebook is building an audio chat product that is similar to the popular young app Clubhouse, according to two people with knowledge…
Melvin Capital ends month with over $8 billion in assets after investors added cash: source
FILE PHOTO: Trading information for GameStop is displayed on the Robinhood App in this photo illustration January 29, 2021. REUTERS/Brendan McDermid/IllustrationBOSTON (Reuters) – Melvin Capital,…
Melvin Capital ends month with over $8 billion in assets after investors added cash: source
FILE PHOTO: Trading information for GameStop is displayed on the Robinhood App in this photo illustration January 29, 2021. REUTERS/Brendan McDermid/IllustrationBOSTON (Reuters) – Melvin Capital,…
Options investors pull back on tech bets as U.S. stocks slammed
NEW YORK (Reuters) – Options investors have pulled back from bullish bets on some tech-related stocks amid a sharp selloff in U.S. equities, after a…
Buffett looks to Japan with $6 billion bet on five biggest trading firms
(Reuters) – Berkshire Hathaway Inc (BRKa.N) has bought a 5% stake in each of Japan’s five biggest trading houses, together worth over $6 billion, marking…
Warren Buffett looks to Japan, takes 5% stakes in five biggest trading firms
(Reuters) – Berkshire Hathaway Inc (BRKa.N) said it has acquired slightly more than 5% of the shares in five large Japanese companies, marking a departure…
Before hack tore through Twitter, online forum offered accounts for sale
(Reuters) – Before a hacking campaign tore through Twitter and compromised some of its most high-profile users, an ad went up on a gray market…