May 8, 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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Finance

Successful implementation of Casino Group’s financial restructuring

Groupe Casino Successful implementation of Casino Group’s financial restructuring Paris, 28 March 2024 Casino, Guichard-Perrachon (“Casino“) announces the effective completion of its financial restructuring. All the transactions provided for in Casino’s accelerated safeguard plan approved by the Paris Commercial Court on 26 February 2024 (the “Accelerated Safeguard Plan“) and the accelerated safeguard plans of its

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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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