Hedge funds have lost $43 billion trying to short the market as the S&P 500 eyes its best month in over a year

Tech Insider
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 5, 2016. REUTERS/Brendan McDermid
Traders work on the floor of the NYSE

Thomson Reuters

JPMorgan CEO Jamie Dimon will trim his stake in the lender for the first time

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A man is seen in a government building beside his reflection.
Jamie Dimon, CEO of JPMorgan Chase, in Washington D.C. in 2022.

Tom Williams/CQ-Roll Call, Inc via Getty Images

The world's most valuable oil company may launch the biggest stock offering in history

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saudi aramco

REUTERS/Ahmed Jadallah

Colin Huang, the founder of the company that owns Chinese shopping app Temu, got $4.3 billion richer after earnings smashed analysts' expectations

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Colin Huang Pinduoduo
Founded by Colin Huang (center, in black), Temu-owner PDD was went public on the Nasdaq in 2018.

Visual China Group/Getty Images

Shares of Better — whose CEO fired 900 workers on a Zoom call — slumped 93% on their first day of trade

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Better CEO Vishal Garg is smiling in a white collared shirt and a blue suit jacket in front of a blurred purple background.
Shares of Better.com slumped as much as 95% on their first day of trade.

Better

The world's richest person just got even richer - Elon Musk is quarter-way to becoming a trillionaire, once more

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Elon Musk laughing
Elon Musk.

ODD ANDERSEN/Getty Images

The CEO of the world's biggest record company just got a new contract with stock options worth as much as $100 million

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Justin Bieber (L) and Sir Lucian Grainge pose at an event honoring Sir Lucian Grainge with a star on the Hollywood Walk of Fame on January 23, 2020 in Hollywood, California.
Lucian Grainge, CEO of Universal Music Group, with Justin Bieber.

David Livingston/Getty Images

The short seller who took on Adani and caused a $150 billion rout in the conglomerate's stock is releasing a new report — but it's not saying who's the next target yet

Tech Insider
Hindenburg Research website displayed on a laptop screen.
The short seller who took on Adani is releasing a new report — but it's not saying who's the next target yet.

Jakub Porzycki/NurPhoto/Getty Images

The short seller who took on Adani and caused a $150 billion rout in the conglomerate's stock is releasing a new report — but it's not saying who's the next target yet

Tech Insider
Hindenburg Research website displayed on a laptop screen.
The short seller who took on Adani is releasing a new report — but it's not saying who's the next target yet.

Jakub Porzycki/NurPhoto/Getty Images

A retro red, blue, and white Credit Suisse ski cap is attracting ferocious bids online — and prices are now up to $200

Tech Insider
The logo of Swiss banking Credit Suisse is covered with tape, reading in German:
A retro red, blue, and white Credit Suisse ski cap is attracting ferocious bids online — and prices are now up to $200.

Fabrice Coffrini/AFP/Getty Images

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