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How a motely crew of retail investors brought two hedge funds to their knees - THE EDGE SINGAPORE

US stocks

How retail investors brought two hedge funds to their knees

Melvin Capital and Citron Capital closed out of their short positions on GameStop Corp. as the firms succumbed to the stock’s meteoric ascent.

US stocks

Markets unsettled by violent insurrection in Washington despite 'blue wave' cheer

The Dow and the S&P 500 ended higher, soaring to all-time highs on Wednesday, as investors piled into financial and industrial stocks on bets a Democratic sweep in Georgia would lead to more fi

NYSE suddenly reverses plans to delist three Chinese telcos - THE EDGE SINGAPORE

US stocks

NYSE suddenly reverses plans to delist three Chinese telcos

The New York Stock Exchange has abruptly reversed plans to delist three major Chinese telecommunications companies after consulting regulators about an investment ban ordered by President Donald Tr

US stocks

Are Tesla's shares worth US$90 or US$780? Wall Street can't decide

For all the headline-making drama surrounding Elon Musk and his brainchild Tesla Inc., investors were rewarded handsomely for their patience this year.

US stocks

Dow at 30,000: Whither US tech stocks?

The Dow Jones Industrial Average (DJIA) on Nov 24 rallied to a record 30,000 points as US President-elect Joe Biden prepares to take over the White House.

US stocks

Speculation on election results prompt NASDAQ trading halt

Nasdaq 100 stock futures rose fast enough to trigger an exchange volatility halt that pauses especially rapid swings at 3.5%, as traders assessed election results.

US stocks

BlackRock shorts US dollar for Asian currencies regardless of Trump or Biden win

The world’s biggest money manager is shorting the dollar on expectations that unprecedented fiscal and monetary stimulus will prolong its losses -- regardless of who wins the US election.

US stocks

Asian markets brought down to earth as stimulus hopes fade

Asian stocks dipped Thursday as investors weighed earnings reports from U.S. banks and fading chances of an American stimulus deal before next month’s election.

US stocks

Nasdaq whale emerges as Facebook, Amazon see option trades

Tens of millions of dollars in options trades tied to the biggest American technology companies have again surfaced in US markets, weeks after the Japanese conglomerate SoftBank Group Corp.

US stocks

Trump's election tweets to drive jump in volatility, says JPMorgan

Donald Trump’s election-related tweets are likely to drive a jump in volatility in the world’s biggest funding market, according to the JPMorgan Chase & Co.

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