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Short-sellers have tripled bets against SPACs since the start of 2021 amid fears the blank-check frenzy has gone too far

Short-sellers have tripled their bearish bets against SPACs since the start of the year to $2.7 bil…

Matthew Fox   


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Short-seller Carson Block reveals why he'll never bet against Tesla

Block had previously held an out of the money put position on Tesla funded by coupons from Tesla bo…

Matthew Fox   


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1 min read

Elon Musk's deal for Twitter is back on - and now short-seller Hindenburg Research is dumping all its shares in the takeover target

The activist investor previously bought Twitter shares when it looked like Musk's takeover bid woul…

George Glover   


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Jim Chanos in an interview slammed SPACs for enticing investors to buy 'very bad businesses' and revealed he's shorting several of them

Legendary short-seller Jim Chanos told the Financial Times SPACs use lofty, often misleading projec…

Emily Graffeo   


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DraftKings sinks 12% after short-seller report claims online sports betting company is hiding illegal activity

"This report is written by someone who is short on DraftKings stock with an incentive to drive down…

Ethan Wu   


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Hindenburg Research reveals DraftKings short position, says company is hiding black market operations

The short seller says up to 50% of DraftKing's SPAC partner SBTech's revenue comes from markets whe…

Will Daniel   


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Two new ETFs will be purely exposed to post-SPAC public companies - and one of them is going short

"You can decide how you want to play it, from the long side or the short side," said the CEO of Tut…

Natasha Dailey   


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Churchill Capital IV soars 33% after report says the SPAC is nearing a deal to take EV maker Lucid Motors public

Churchill Capital Corp IV is reportedly in talks with Lucid Motors to take the EV maker public at a…

Will Daniel   


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Nio tumbles 14% after renowned short-seller Citron Research makes a bearish call citing increased Tesla competition

Whether the electric-car maker can hold on to its gains set in 2020 is likely to hinge on execution…

Matthew Fox   


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A timeline of Trump's public events between his previously undisclosed positive COVID test on September 26 and his hospitalization on October 2

Testing positive earlier than was previously known, Trump could have exposed his Supreme Court nomi…

Jake Lahut   


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6 mins read

Google is moving nearly 20% of its Health division to other areas of the company. It's yet another growing pain for the unit.

Google Health teams working on sensors, research, and records are moving to Fitbit and Search, Insi…

Matt Turner,Jordan Parker Erb   


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US stocks climb as progress on Merck's antiviral pill offsets new inflation data

Merck's positive drug data helped turn around US futures this morning even as core inflation saw it…

Matthew Fox   


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Trump is attacking GM on Twitter after the White House suddenly pulled out of a deal that the automaker would help produce ventilators

"As usual with 'this' General Motors, things just never seem to work out," Trump tweeted. "They sai…

Matthew DeBord   


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Tesla could rally to $1,000 this year as demand from China remains strong and the global chip shortage subsides, Wedbush says

Wedbush reiterated its outperform rating and $1,000 price target for Tesla on Monday, saying the ch…

Emily Graffeo   


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US stocks sink after consumer and housing data raise concerns about reopening momentum

Stocks turn lower after soft consumer and housing data hurt sentiment at a time that investors are …

Carla Mozée   


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5 mins read

The US auto workers union just decided to walk out on GM - here's why they're striking

The automaker perhaps missed a golden opportunity to deflect the UAW ire over Lordstown when it dec…

Matthew DeBord   


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3 mins read

GM's proposed deal with the UAW actually looks pretty good for Trump

On idled factories, GM proposed to bring a new vehicle to the Detroit-Hamtramck plant and, in a bit…

Matthew DeBord   


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From Tesla's wildest Model S yet to Rivian's off-road pickup, these are the 14 coolest upcoming EVs set to hit the road in 2021

With well over a dozen new EVs hitting streets in 2021, there's been no better time to shop for a b…

Tim Levin   


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Here's how a Tesla deal for GM's abandoned factories could help revive America's struggling auto industry and create 45,000 jobs

General Motors, the most recent example, announced earlier this month it would "de-allocate" three …

Graham Rapier   


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11 mins read

The UAW failed to organize Tesla and VW in the US and is now running a baffling strike against GM

Good faith is breaking down all over the place, taking good judgment with it. If you have any doubt…

Matthew DeBord