Traders who bet against stocks made a killing in 2022, as short sellers netted $300 billion
Short holdings had a return of 30.8% in 2022 as the market slid.
Citi’s Chronert says a recession is near; shares his ‘top conviction calls’ to tough it out
U.S. Equity Strategist Scott Chronert expects a recession in the first half of this year and says “historic recession playbooks may disappoint.”
Goldman Sachs reveals 7 under-the-radar global stocks to buy this year
Goldman Sachs expects the stocks to benefit from a “growing urgency” to meet sustainability goals.
Samsung estimates quarterly profit sank to 8-year low on demand slump
The report comes as a global economic downturn saps demand for electronic devices and clouds the memory-chip industry outlook.
Stocks stage first big rally of 2023 as hope grows that inflation will ease, Dow closes up 700 points
Investors cheered two economic reports that may signal inflation is cooling off.
I’m a psychology expert in Finland, the No. 1 happiest country in the world—here are 3 things we never do
For five years in a row, Finland has been ranked the No. 1 happiest country in the world. A Finnish philosopher and psychology expert shares the habits that make people in Finland so exceptionally satisfied with their lives.
Job growth expected to have cooled in December but not enough to slow Fed rate hikes
The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Fed aggressively fighting inflation.
Leon Cooperman says new bull market isn’t coming anytime soon, but he’s finding cheap stocks to buy
Billionaire investor Leon Cooperman said he’s still holding a cautious view on stocks and the economy, but he’s finding cheap stocks to buy.
Ram previews new electric pickup to rival Ford, Rivian and others
The Stellantis truck brand revealed the Ram 1500 Revolution BEV concept ahead of a production model that’s expected to be unveiled in the coming months.
Dell looks to phase out use of all China chips by 2024
Bernstein Research’s Stacy Rasgon joins ‘Closing Bell’ to discuss Dell’s decision to phase out all chips made in China by 2024 and who stands to benefit from the decision.
