April 25, 2024
Funds

This Fund Owns SpaceX and Other Unicorns. It Soared From $9 to $100 in 2 Weeks.

The initial public offering market is showing signs of life again. And the optimism following the strong debuts for Reddit and AI cloud infrastructure company Astera Labs appears to be spreading. Case in point: A closed-end fund that invests in Elon Musk’s SpaceX, Fortnite maker Epic Games, OpenAI, fintech giants Stripe and Chime and other

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Investors

Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise.

The number of shorted shares has grown 23% since the end of 2020, but that doesn’t mean traders are getting more bearish about the market. Thanks to an array of initial public offerings and stock splits, the total number of stock shares has ballooned since the end of 2020—which means the relative short interest has

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