The stock market often makes big moves based on short-term news. When Jerome Powell mentions that interest rates may continue to rise to combat inflation, the Dow and Nasdaq generally drop -- unless they don't because people expected worse or assume that the news was already priced into the market.It's an inexact science where people make reactionary moves that send markets up or down based on some sort of prevailing wisdom. Basically, people take short-term news and conflate it to have long-term meaning.The media -- of which I have been a member for roughly 30 years -- do not generally help calm the short-term hysteria.People don't get paid to go on cable-news channels to express reasoned long-term opinions. They're supposed to fire off hot takes, which make it seem as if the Fed's rate m

BEIJING, Sept 13 (Reuters) - China fired a fresh regulatory shot at its tech giants on Monday, telling them to end a long-standing practice of blocking each other's links on their sites or face consequences.The comments, made by the Ministry of Industry and Information Technology (MIIT) at a news briefing, mark the latest step in Beijing's broad regulatory crackdown that has ensnared sectors from technology to education and property and wiped billions of dollars off the market value of some of the country's largest companies.China's internet is dominated by a handful of technology giants which have historically blocked links and services by rivals on their platforms.Restricting normal access to internet links without proper reason "affects the user experience, damages the rights of users a

Airbnb stock has dazzled investors since its Nasdaq debut in December. From its initial public offering price of $68 per share, ABNB stock soared 223%, hitting an all-time high of 219.94 on Feb. 11.Amid growing concern over how the delta variant of Covid-19 could affect people's travel plans, Airbnb (ABNB) endured another steep slide in July. However, shares are moving bullishly again. On Aug. 24, shares ramped up 10% to a three-month high in blistering volume — a sign that institutional investors are possibly loading up on shares. Almost 21 million shares exchanged hands, more than triple its average turnover over the past 50 sessions.Since then, the stock has turned in three straight solid weekly gains, hitting levels last seen in May.

" Will You Enter APPLE ? " What You should Know Why APPLE Declines "Apple Loses $85 Billion in Value After App Store Ruling(Bloomberg) -- Apple Inc. shares suffered their steepest selloff in months on Friday after a federal judge ordered the company to change the way it operates its App Store, which would hurt the profitability of that business unit.The stock fell 3.3%, its biggest decline since May 4, erasing about $85 billion from the iPhone maker’s market capitalization. The size of the loss is bigger than all but 98 components of the S&P 500 Index.A federal judge granted an injunction sought by Epic Games Inc. which would allow developers to steer consumers outside payment methods for mobile apps. It also ordered the game maker to pay damages to Apple for breach of contract.Friday’

Investors who took short positions in Tesla stock have made an $11.5 billion profit so far this year, according to Wall Street analytics firm S3 Partners, as Tesla shares lost about half their value. That’s a nearly 60% return on the $19.6 billion invested in short positions on Tesla this year. And it’s a nearly 180-degree reversal in how they did in 2021, when their short positions resulted in a combined $10.3 billion loss, after Tesla shares rose 50%. And let’s not forget the $40.7 billion loss short sellers suffered in 2020, when shares of Tesla climbed 743%. The problems for Tesla stock, and the gains for short sellers, actually began about a year ago. “Since its recent high of $409.97 a share on November 4, 2021, Tesla shorts are up $16.3 billion,” said Ihor Dusaniwsky, managing direc

Friday, another round of jaw-dropping stock sell-offs after earnings announcements hit the tape, when Roku (ROKU) stock plunged 23% and DraftKings (DKNG) cratered 22% — the second-worst one-day performance for both stocks. Nightmare earnings reactions have been a theme this quarter, as investors seize on concerns over slowing growth prospects for companies over a wide range of industries.Combined with an increasingly hawkish Federal Reserve and a potential land war in Europe, investors are facing a perfect storm of headwinds. Yet earnings is still the engine for appreciation of the U.S. equity capital markets. Yahoo Finance crunched the numbers — peering into the S&P 500 components as well as the top Yahoo Finance trending tickers over the last year — to find the biggest one-day perfor

Tesla's largest-ever decline has short sellers sitting on $15 billion in profits: Tesla stock fell another 8.8% on Thursday, bringing its year-to-date losses to 64%. With this decline, more than $800 billion in market capitalization has been erased from the electric carmaker. The current 69.7% drawdown from its most recent high reached in late 2021 is the largest in Tesla's corporate history. And this slide has been good news to short-sellers. Data from S3 Partners published Thursday showed that through Wednesday's close, Tesla was the year's most profitable short — or stock traders were betting against — with mark-to-market profits totaling $15.03 billion so far this year. And these figures don't reflect Thursday's decline. "In December, TSLA shorts are up $4.54 billion in month-to-date m