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Former Tesla Short-Seller Covered at Exactly the Wrong Time
George Schutlze, founder of Schultze Asset Management, is a former Tesla short-seller who covered on the day Tesla CEO Elon Musk released controversial "funding secured" tweet. That didn't work out well for Schultze, who said he's considering a new short position based on the company's cash flow problems.
EXCLUSIVE: How Facebook is Fighting Midterms Fake News Around the Clock in its 'War Room'
After months of damaging headlines and privacy mishaps, Facebook may be down, but it's not out ー especially not in the case of the U.S. midterms, according to the company's director of outreach. Katie Harbath, global politics and government outreach director at Facebook spoke with Cheddar's Hope King about fighting fake news from the company's "war room" in an exclusive interview.
Apple Earnings Preview: What to Watch
With a dismal October on the books, investors are now looking to Thursday's earnings report from Apple for signs that tech stocks are ready to rebound. The trillion-dollar company will report its fiscal fourth-quarter earnings after the closing bell. Analysts are estimating about 48 million iPhones and 11 million iPads were sold in the three-month period, with earnings per share of $2.78 on roughly $62 billion in revenues.
HSBC Taps Avant for Online Personal Loan Platform
HSBC U.S. has entered the personal loans arms race through a partnership with the online lender Avant, in the decades-old institution's latest initiative to bring its business further into the digital-first present, level the playing field between banks and start-ups, and grow its domestic brand. Jeremy Balkin, head of innovation at HSBC's U.S. franchise, shared the bank's strategy with Cheddar.
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