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Why Zero Hedge Has Been Permanently Suspended From Twitter
Saturday, February 1, 2020 - 9:41am | 395One of the most popular accounts in the financial Twitter world, better known to most as "FinTwit," has been permanently suspended. The Twitter Inc (NYSE: TWTR) account associated to Zero Hedge, the controversial but widely followed blog for finance, economics and political analysis...
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Facebook Bans Zero Hedge Posts
Tuesday, March 12, 2019 - 12:42pm | 467Social media platform Facebook, Inc. (NASDAQ: FB) is reportedly blocking users from sharing content originating from Zero Hedge, a financial news website that has a "bearish bent and anti-establishment" tone, according to Bloomberg. What Happened Zero Hedge users attempting to...
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The Curious Case Of Bitcoin, Dimon And JPMorgan
Monday, September 25, 2017 - 4:12pm | 456Since Sept. 1, the price of bitcoin has plummeted 26.3 percent amid negative headlines out of China and bearish commentary from notable Wall Street investors. On Sept. 22, JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon doubled down on his anti-bitcoin rhetoric, but JPMorgan has actually been...
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FireEye Pops On Takeover Talk, Source Says No Deal Imminent
Thursday, February 23, 2017 - 12:49pm | 246FireEye Inc (NASDAQ: FEYE) spiked Thursday on rumors of a possible takeover by Lifelock, Inc. Cincarious Research posted the news in a ZeroHedge article, citing sources in the security space. “We were told the company is seeking to expand offerings and the added cyber-security depth from...
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The iPhone 8 Won't Help Apple
Tuesday, January 24, 2017 - 10:51am | 286Analysts at Barclays downgraded Apple Inc. (NASDAQ: AAPL)'s stock to Equal Weight from Overweight on Tuesday. The downgrade is a longer-term thesis and not based on the company's upcoming earnings report. Specifically, the main concern stems from investors hoping Apple's iPhone will experience at...
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Valeant Management On Q1 Call: 'We Don't Feel We Can Accurately Predict' GAAP Earnings
Tuesday, June 7, 2016 - 10:25am | 283Shares of Valeant Pharmaceuticals Intl Inc (NYSE: VRX) hit a new 52-week low of $22.52 on Tuesday after the company released an investor presentation in conjunction with its first quarter results and conference call. Valeant earned $1.27 per share in the first quarter on revenue of $2.4 billion...
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Criminal? Goldman Upgrades Tesla To Buy Same Day It Underwrites Offering
Wednesday, May 18, 2016 - 5:25pm | 430Tesla Motors Inc (NASDAQ: TSLA) announced a $2 billion offering after Wednesday's closing bell. The net proceeds from the offering are to be used to accelerate the ramp of its Model 3. CEO Elon Musk will sell the remaining shares to "cover tax obligations associated with his concurrent...
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Icahn Filing Shows Record Net Short Exposure, High Yield Outflows Break Record
Tuesday, May 10, 2016 - 11:58am | 245Carl Icahn has been backing up his comments from late 2014 and throughout 2015 about the dire straits of the U.S. economy and the High Yield Junk Bond market with a massive short bet. The anonymous collective know as Zero Hedge astutely noticed a record short position recorded in the most recent...
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Zero Hedge 'Unmasked'? There's More To The Story
Friday, April 29, 2016 - 10:27am | 611Bloomberg’s Tracy Alloway and Luke Kawa claim they have unmasked the masterminds behind the popular and controversial “anti-establishment” financial news site Zero Hedge. The site’s unapologetic and often bearish market stories have been penned under the pseudonym “...
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Did Alcoa Really Beat EPS Consensus Estimates In Q1?
Tuesday, April 12, 2016 - 9:13am | 374Shares of Alcoa Inc (NYSE: AA) were trading lower by more than 3 percent ahead of Tuesday's opening bell. Alcoa reported its first-quarter results after Monday's market close. The company said that it earned $0.07 per share in the quarter on revenue of $4.95 billion. Wall Street analysts were...
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Jefferies Mining Head Steps Down Two Weeks After Calling Out Zero Hedge
Thursday, March 24, 2016 - 2:50pm | 314In a note released on March 5, Jefferies economists invoked Donald Trump to take a swipe at Zero Hedge by including the following fictional Trump-esque rant: “Lightweights like Zero Hedge might point to a sub-50 ISM as another reason to hate equities, but there’s a reason why little...
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Why U.S. Car Companies Are Losing
Thursday, March 10, 2016 - 4:40pm | 371In an article published Thursday on Zero Hedge, one of its top authors explained, in one simple chart, why U.S. automaker stocks have been dramatically underperforming the market for more than 2 years now. While auto sales were rising on the back of easy credit, automakers’ stocks were...
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Saudi Aramco Chairman: Oil Demand Will 'Catch Up With Supply'
Monday, January 25, 2016 - 11:21am | 308The price of oil declined on Monday, partly due to Saudi Aramco's Chairman, Khalid al-Falih's comments. According to The Wall Street Journal, al-Falih said at a conference in Riyadh that the next five years will be critical for the oil market and supply and demand will balance at a...
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Deutsche Bank Stock Is Dropping More Than Other Peers After Greek News
Monday, July 6, 2015 - 11:51am | 660Shares of Deutsche Bank AG (USA) (NYSE: DB) were among the worst performers in the financial sector on Monday morning. Shares of the German-based bank were trading lower by around 4.5 percent at $30.10 shortly after the opening bell. According to a Bloomberg report on June 29, Deutsche Bank...
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The Top 10 Financial Tweets For Friday, August 30
Friday, August 30, 2013 - 2:44pm | 1024There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful or just down right comical. 1. Jeff York Jeff York (@mpgtrader) tweeted about key resistance levels for the major...