GameStop’s stock surge continues punishing short sellers
FOX Business’ Charlie Gasparino said GameStop’s recent “Craman Countdown” earnings weren’t that great. GameStop shares soared for the second day in a row, with retail investor “Roaring Kitty”‘s unexpected return to social media after a three-year hiatus fueling a 74% rally on Monday. Other meme stocks such as AMC and Beyond Meat also rose significantly. […]
I’m an art expert — I use AI to expose sellers of fake paintings on sites like eBay
She has an AI for fakes. Dr. Karina Popovic, an expert in art authenticity, has revealed that she uses artificial intelligence to spot fraudulent paintings being sold on sites such as eBay. Her process involved using AI technology to analyze photos advertised on retailers’ sites, often finding that they were “highly likely” to be “not […]
Florida real estate inventory surges, sellers slash prices
Real estate inventory in some parts of Florida has skyrocketed to uncomfortable levels, and sellers are starting to cut prices, according to the report. On Florida’s West Coast, the number of homes for sale and the rate at which current owners are reducing their asking prices has skyrocketed. According to the report Real estate company […]
Real estate giant Compass to pay $57.5M over clams it overcharged home sellers
Compass agrees to pay $57.5 million to settle class action lawsuit accusing real estate brokers of conspiring to overcharge U.S. home sellers by billions of dollars, according to a filing with the Securities and Exchange Commission. did. In regulatory filings, Compass denied any wrongdoing and claimed the amount did not materially impact its operations. Authentic. […]
Palantir CEO Alex Karp says short sellers make money to buy cocaine
The CEO of software company Palantir said on Wall Street that “nothing makes a human being happier than removing the source of cocaine” from people who “love to tear down great American companies.” He blamed short sellers. “I love burning short sellers.” Alex Karp told CNBC on Wednesday. “Few things make a human being happier […]
Bitcoin short sellers are out $161M as Bitcoin surprises with 11% rally – Cointelegraph
Bitcoin short sellers are facing millions of dollars in losses after Bitcoin (BTC) soared nearly 11%, briefly hitting a year-to-date high of $57,000. according to data Crypto data platform CoinGlass has liquidated over $161 million in BTC shorts in the past 24 hours. Traders looking to gain short-term exposure to Ether (ETH) fared less well, […]