Tuesday, 4 February 2020

Tesla rally fueled by fear of missing out, not short squeeze - investors

A nearly 14% gain in Tesla Inc's stock on Tuesday was likely sparked by investors looking to hop aboard its remarkable rally, rather than a reversal of bearish bets, an analysis of positioning dynamics showed.


from Reuters: Business News https://ift.tt/370emXM

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Tech jobs are mired in a recession

iStock; Rebecca Zisser/BI In January, Jon Bach got laid off as a director at eBay, where he had worked for 13 years. He loved his job, ...