Short sellers have made record bets against the US stock market, according to new analysis from S3 Partners. The financial data firm says its measure of short interest in US stocks has reached record levels. While short positions are a natural hedging strategy among bullish investors, increasing bets on a decline in US stocks align
The price tag for General Motors’ electric vehicle reboot has soared to nearly $11 billion. During the automaker’s Tuesday earnings update, executives said GM recorded an electric vehicle-related charge of nearly $2.3 billion in the most recent quarter. That brings the automaker’s total related costs to $10.9 billion from the second half of 2025, as
Jamie Dimon doesn’t often give hour-long interviews, but when he does, he covers a lot of ground. The JPMorgan CEO appeared on “The Master Investor Podcast with Wilfred Frost” on Monday, days after reporting the bank’s highest-ever quarterly profit of $21.2 billion, and describing an environment that is “about as good as it gets” for
Google is launching some new AI models, but not the one many expected. The company on Tuesday announced three Gemini models that it said are faster and cheaper for running AI agents, as Google continues to double down on raw power efficiency. This isn’t entirely a choice: Google said the Gemini 3.5 Pro, the new
I’ve been bartending for over a decade and I can tell you it’s not easy. This job can be physically and mentally demanding, often requiring long hours of late work, and we have to be quite charming while working on it. Sometimes clients can make our work better, but at least we would prefer that
Chipmaker Intel said it is planning layoffs within its data center group amid a broader effort to become a “more focused and efficient” company. “As part of our broader strategy to become a more focused and efficient company, Intel’s Data Center Group (DCG) is aligning its organization to ensure it has the right roles and