Betting against Lyft is ‘The Amateur Short,’ Citron Research says

Betting against Lyft is ‘The Amateur Short,’ Citron Research says

Noam Galai/Getty Citron Research is long Lyft and says anyone betting against the company is an "amateur." Citron invested in Lyft ahead of its initial public offering and has continued to buy shares in the open market. Watch Lyft trade live. Citron Research, headed by the short-seller Andrew Left, has strongly criticized investors betting against…
This 32-year-old CEO went from having little awareness of tech to raising $122 million for a pioneering fintech, while also overcoming a life-changing bike crash

This 32-year-old CEO went from having little awareness of tech to raising $122 million...

It all started when 32-year old Hiroki Takeuchi, then a freshman at Oxford University, got dragged along to an event in his first week of university. A student in the year above corralled Takeuchi, who had just started studying Mathematics, into attending a gathering of the Oxford Entrepreneurs in 2004. "There wasn't really like a…
BANK OF AMERICA: The stocks outshining the market’s powerful rally are poised for a sharp reversal — but there’s a way to avoid the losses ahead

BANK OF AMERICA: The stocks outshining the market’s powerful rally are poised for a...

With one of the stock market's best first quarters fully in the rear-view mirror, Wall Street is drawing some interesting conclusions about the action. The S&P 500 gained 13% last quarter for its ninth-best start to a year in history, and high-beta stocks joined in the party. This cohort — which consists of equities that…

The ultimate guide to becoming a better boss in 30 days

You could call it the "six-month exercise." It's a strategy from Patty McCord, former chief talent officer at Netflix, and here's how it works: 1. "Write down what the team will be accomplishing six months from now that it's not accomplishing now." It could be a product they're building or money they're making. 2. "Think…
Democrats strike the same chord on new allegation of inappropriate behavior against Joe Biden: ‘I believe Lucy Flores’

Democrats strike the same chord on new allegation of inappropriate behavior against Joe Biden:...

More Democrats are weighing in on allegations that former Vice President Joe Biden inappropriately kissed the back of a former Nevada state assemblywoman's head and made her feel uncomfortable in 2014. While Democrats are calling on Biden to directly address the allegations, they have so far withheld from saying he should not run for president…
Inside the Chicago hedge fund turf war between billionaire Ken Griffin and Dmitry Balyasny

Inside the Chicago hedge fund turf war between billionaire Ken Griffin and Dmitry Balyasny

The headquarters of Ken Griffin's Citadel and Dmitry Balyasny's eponymous hedge fund are separated by one mile, the Chicago River, and plenty of bad blood. All hedge funds are rivals in some sense, fighting one another for talent, data, and alpha — though Balyasny and Citadel appear to be in different leagues, given their asset…
The UK is already issuing passports without the words ‘European Union’ on the cover despite Brexit delay

The UK is already issuing passports without the words ‘European Union’ on the cover...

British passports have been issued without the words European Union on the front cover despite the Brexit delay. The burgundy passports were introduced from March 30, the day after Britain was expected to leave the EU. Some passports including the words European Union will continue to be issued while the remaining stock is used up.…
US reportedly cutting off aid to El Salvador, Guatemala, and Honduras after Trump claims countries ‘set up’ migrant caravans

US reportedly cutting off aid to El Salvador, Guatemala, and Honduras after Trump claims...

According to a report from CNN quoting a State Department representative, The United States will no longer provide aid to three South American countries: El Salvador, Honduras, and Guatemala. The move comes less than a day after President Trump proposed to cut funding on Twitter. The State Department cutting aid to Honduras, El Salvador, and…
Joe Biden accuser Lucy Flores recounted her story in detail in her first TV interview

Joe Biden accuser Lucy Flores recounted her story in detail in her first TV...

Lucy Flores, a Democratic politician from Nevada, pushed back on former Vice President Joe Biden's response to her claims he touched her inappropriately while calling for acknowledgment in her f irst television interview since taking her story public. Flores detailed the incident in a New York Magazine piece published Friday, where she wrote that Biden…
There’s a swelling avalanche of evidence that investors are getting more and more worried about another stock-market crash

There’s a swelling avalanche of evidence that investors are getting more and more worried...

The benchmark S&P 500 climbed more than 12% in the first quarter of 2019. And if you haven't paid attention to the crosscurrents brewing under the market's surface, you might conclude that the future for stocks is bright. But a closer examination suggests the situation is exceedingly more dire than many might realize. Yes, the…

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