Luka from Germany

Registered at the short selling broker eToro, 2 minutes ago.

» Try eToro you too
67% of retail investor accounts lose money when trading CFDs with etoro.
Don't show again

All news flashes about Short Selling

This is where you will find the most recent breaking news related to shorting stocks, the financial market or anything other relevant for you to know. Later you can normally find a full news post about the subject in our traditional news posts.

Keep up to date with the recent news flashes from ShortSelling.com you too.

     Uber Lose UK Court Case, Rest of EU next?Uber Lose UK Court Case, Rest of EU next?
    Friday, 19 February 2021 21:52
    Uber shares dropped 1.2% after loosing the legal battle over the way it treat workers. Taxi drivers are are not freelancers in Europe, says Jitse Groen on Twitter. Spanish and Dutch courts might follow soon and Uber is likely to loose the gig economy in Europe, he continues. UK is one of the most important markets for Uber in Europe, with over 100 000 drivers. Short Selling estimate that Uber will be hit by huge costs related to hiring working instead of having them as free lancers. With a souring economy and most of the people working from home, Uber already took a huge hit in London. Michell Hobs, employment law specialist from Stevens & Bolton conclude that this landmark ruling revs up the pressure on gig-economy businesses. Uber might be the first of many to have a problem when it comes to employment.

     Short sellers back in bitcoin & ethereumShort sellers back in bitcoin & ethereum
    Thursday, 26 November 2020 20:14
    Both Ethereum and Bitcoin are seeing huge outflows during the last 24 hours. According to CoinTelegraph, one client even went short with $100 million USD and most likely, a lot of other participants also joined the crypto short selling rally. Ki Young Ju, CEO for CryptoQuant confirm that big short sellers whales are back, and that's where the majority of the downward pressure comes from right now.
    ShortSelling.com estimate that there are lots of small and medium sized traders looking to take home their profits now. Many analysts and investment firms agree that BTC is overvalued, and see further movement downwards as likely. Whatever you think, a buy or sell opportunity, your can start trading today. While US citizens can trade Bitcoin at Bitcoin IRA or the reputable eToro, Europeans can start trading bitcoin at Capital.com.

     19% going short in Netflix: Shares fall 8.6%19% going short in Netflix: Shares fall 8.6%
    Tuesday, 10 November 2020 01:58
    The amount of short positions in Netflix shares increased heavily the last few days, up to 19%. One of the reasons might be that investors estimate the pandemic to be almost over, with new vaccines' soon coming out from Astra Zeneca and from Pfizer. Early investors in Netflix seems to take home their profits, while short sellers sees opportunities. NDLX shares fell 8.6% in high volume trading on Monday. You can trade Netflix yourself with Skilling CFD's, while American customers can trade with eToro.

     Norwegian Lay Off 1600 Employees After The Government Say NoNorwegian Lay Off 1600 Employees After The Government Say No
    Monday, 9 November 2020 22:55
    The Norwegian government decided today that they are not giving another “krone” extra in support of Norwegian Airlines. The government justified this on the grounds that it entails too great risk. At the same time, additional support to Norwegian could distort competition and at the same time – there is no “prudent use” of taxpayers' money.vNorwegian therefore announced that they need to lay off another 1600 employees. From tomorrow, there will only be local Norwegian flights within Norway. 15 out of 21 planes will be parked from tomorrow.

     Southwest Airlines launches operations in busy US airportsSouthwest Airlines launches operations in busy US airports
    Saturday, 17 October 2020 01:38
    Southwest Airlines is one of the leading airline companies in the world. The company has made a reputation for itself because of its low-fares and no-frills services. The company has managed to keep its operating costs low by avoiding the busiest airports in the US. By doing so, the company gets to avoid areas with high fees and congestion that could result in expensive delays. Following the pandemic, the company has made aggressive measures and begin operating in large airports. The company is planning to launch services in some of the main airports in the US like Miami, Chicago OÂ’Hare and George Bush in Houston. This move could help keep the travel shares of the company from plummeting even more.

     United Airlines Holdings continue to reduce costsUnited Airlines Holdings continue to reduce costs
    Saturday, 17 October 2020 01:34
    On Wednesday, October 14th, United Airlines announced that it would be cutting its operating costs by 59% in the third quarter. The company features at least 20 billion worth of liquidity which will position it for recovering for the effects of the pandemic. According to the CEO, Scott Kirby, the company is dedicated towards seven months of painful and shrewd measures that will help it cope and keep from going bankrupt if the pandemic continues or gets worse.

     American Airlines Group drops small cities from its routesAmerican Airlines Group drops small cities from its routes
    Saturday, 17 October 2020 01:26
    The covid-19 pandemic has dramatically influenced the decline in demand for air travel this year. This has triggered countries to slash their schedules dramatically. However, a few cities have not fallen victim to the slashed schedules. This is a result of the CARES Act, which requires airlines that accept payroll support to maintain services to domestic destinations. On October 12th, American Airlines Group announced that it would be dropping small cities from its route map. This comes after negotiations for a follow up came to a standstill. Through their CEO, American Airlines warns to cut more small cities if additional aid is not given.
    Delta Airlines makes more cost cuts following a significant third-quarter loss

    Like most companies in the airline industry, Delta airlines has posted a tremendous loss for the third quarter. The company missed analysts estimates for its revenue earnings. For this reason, the company has had to implement some significant cost cuts. This has led to a decline in its travel shares. The company has moved towards reducing cash burns, cutting costs, and aligning its airline orders according to projected demand. The company is also looking towards simplifying its fleet in an attempt to improve productivity and reduce the cost of maintenance. The long and short term cost cuts are aimed at helping the company stay afloat regardless of the pandemic.

     TripAdvisor launches Menu ConnectTripAdvisor launches Menu Connect
    Saturday, 17 October 2020 01:25
    TripAdvisor is a popular online travel platform. On Wednesday, October 8th, the company announced the establishment of a lunch menu connects for restaurants. This is an online management solution through which restaurants can post their menus. It gives restaurant owners the freedom to publish, manage and even manage the menus on the TripAdvisor platform. Businesses can also use this tool to collect their company information as seen on the online travel platform. The Menu Connect tool is likened to other companies and platforms like Yelp and Google.

     Goldman Sachs set to assist Norwegian Cruise LineGoldman Sachs set to assist Norwegian Cruise Line
    Saturday, 17 October 2020 01:19
    There is no doubt that the cruise industry is one of the hardest-hit sectors in existence. Following the pandemic, cruises have been restricted from sailing because of the threat of increased infections. The Norwegian cruise line, like other companies in the cruise industry, has experienced a lot of financial challenges which have influenced its travel shares. For this reason, the company recently hired Goldman Sachs in an attempt to seek financing. Norwegian Cruise Line may have to sell part of its shares to private equity to acquire the funding.

     Norwegian Air Shuttle risks bankruptcy in April 2021Norwegian Air Shuttle risks bankruptcy in April 2021
    Saturday, 17 October 2020 01:14
    Following the pandemic, Norwegian Air has been experiencing a significant decline in its passengers. In August, the company experienced a 91% decline in its passenger volume. The decline has led to the need to secure a second round of financial restructuring. Failure to do so will cause it to run out of funds by the first quarter of next year. The funding is expected to come from the sale of some of the companyÂ’s aircraft, and conversion of debt to equity. Unless Norwegian Air Shuttle manage to sell some aircrafts or secure extra funding, the company risks falling into bankruptcy in April 2021, unless a second round of financial restructuring takes place.

     Marriott Vacations experiences an increase in earningsMarriott Vacations experiences an increase in earnings
    Saturday, 17 October 2020 01:13
    Since the beginning of the year, Marriott Vacations Worldwide has been experiencing an all-time low in its stakes. The reason why this is the case is that the company, like other travel and leisure-related firms, experienced a severe hit from the pandemic. However, over the past few weeks, the company has seen its relative strength rating. In the last quarter earnings, the company has experienced growth in both sales and profits. Currently, it holds the #4 position among companies in the leisure and service industry.

     How debt has caused an increase in Hilton sharesHow debt has caused an increase in Hilton shares
    Saturday, 17 October 2020 01:11
    According to recent Hilton Worldwide financial statements, the company features a cumulative debt of more than 11 billion dollars. The company has a net debt of more than 7.6 billion dollars. Assets fund a large portion of the debt. All this debt has led to an increase in the companyÂ’s share by at least 15.13%. The reason why this is the case is that debt plays a crucial role in the capital structure of the company. Therefore, it helps contribute to its growth. Debt also makes the company an attractive option for executives that are looking to increase capital.

     Silver Lake’s new investment strategy impact Expedia GroupSilver LakeÂ’s new investment strategy impact Expedia Group
    Saturday, 17 October 2020 01:05
    Silver Lake, one of the largest investors in Expedia Group and other businesses recently announced the launch of a 25-year investment strategy according to the wall street journal. The company plans on lending money at loft interest rates as well as equity warrants. The money is mainly meant for companies that are struggling because of the pandemic. The Abu Dhabi Sovereign-wealth fund will contribute the funds that will be used to fund the companies like Expedia group Inc. The party is acquiring 5% of Silver Lake stakes and contributing up to 2 billion towards the new fund.

     Uber Technologies shares dip because of the pandemicUber Technologies shares dip because of the pandemic
    Saturday, 17 October 2020 00:57
    Uber is one of the companies that has experienced its worst time during the pandemic. The main reason why Uber has suffered during the epidemic is that more people prefer to either drive themselves or stay home following the regulations provided by the WHO. However, the company is working hard to rise from the crisis. For instance, Uber Technologies recently launched a medicine delivery service in South Africa. However, much the company is trying to turn a profit; the challenges are still overwhelming. By the end of last month, the company reported a loss of 2.24 billion dollars in revenue. The company announced a shutdown of their ride-share app Lyft after legal issues that required Uber to classify their drivers as full-time employees. Many at ShortSelling.com are still surprised about the positive ratings among analysts about Uber shares, that likely would have quite some downside and not just upside as most analysts seems to believe.

     The pandemic causes significant drop for Booking sharesThe pandemic causes significant drop for Booking shares
    Saturday, 17 October 2020 00:51
    Glenn Fogel, the CEO of Booking Holdings, is one of the top practitioners pushing for the government, through Congress to provide support to the airline industry. This is not the only issue that Glenn Fogel has to deal with. In September, Booking Holdings suffered a 10.5% drop in the price of their shares. The decline can be attributed to the harsh effects of the pandemic. By October 5th, the stocks had gone further down up to 17.5%. Regardless, the stocks are still up by around 50% from the lowest point it experienced earlier in March. The company also recently announced the closure of five of its offices in the US, England, Canada and Croatia.

     Ransom attack impacts the performance of Carnival CorpRansom attack impacts the performance of Carnival Corp
    Monday, 12 October 2020 00:49
    Carnival Corp faced a ransom attack on three of their cruise lines. Hackers accessed guestsÂ’, employeesÂ’ and crewsÂ’ data. They also hacked the casino operations. This comes a few days after the cruise line sector was reported to be having a rough day after a cash burn rate resulting in numerous selling pressure. All these events indicate to some negative traders that it is the perfect time for short selling, which many still see Carnival Corp as a buying opportunity.

     Way Fewer Short Sellers in Nikola Corp SharesWay Fewer Short Sellers in Nikola Corp Shares
    Thursday, 17 September 2020 15:19
    The amount of short sellers in Nikola Corp have decreased drastically the last few days. Only 3 days ago on the 14th of September, 2020, there were 33.9 million borrowed Nikola shares. On the 16th of September, 2020, only 8.7 million NKLA shares were registered as short selling positions. Maybe it's time to enter a trade with NKLA stocks? You can trade Nikola Corp with CFD's through Capital here! We have noticed that Capital.com is the best broker for buying or selling Nikola CFDs.

     Nikola Corp: The stock short sellers & authorities discuss Nikola Corp: The stock short sellers & authorities discuss
    Wednesday, 16 September 2020 12:20
    Do you think that the Wirecard scandal was the biggest stock market scam in years? If yes, then what about NKLA? According to many traders we speak to, Capital.com is an excellent choice for NKLA CFD trading right now.

    Posts on forums such as Reddit, blogs like EV Bite and articles by newspapers around the world keep wondering if Nikola Corp is a scam? Just a few days ago, Nikola made a partnership with GM, giving them an additional 2 billion USD, while short sellers are flocking. Both DOJ and SEC are now investigating Nikola Corp.

    The company Nikola Corp fires back after allegations from Hindenburg Research – and denies they are lying about the technology that's yet to see any new car produced.

    Ok, trade whatever you like – go long or make modern shorting with Nikola CFDs through Capital! They have tight spreads, quick order execution and a great app for NKLA CFD trading. Read the review about Capital here or see the controversial video made by Meet Kevin below.

     Audi's new Q4 eTron SUV is Tesla 3 & X latest competitorAudi's new Q4 eTron SUV is Tesla 3 & X latest competitor
    Thursday, 16 July 2020 18:20
    It's seems like the German car manufacturers finally are starting to catch up with Tesla. After releasing Audi eTron in May 2019, the second major new SUV model from Audi is here. Audi Q4 eTron SUV is a bit smaller and cheaper than the first model; expected to cost around ‎€55,000 new in Germany and £50 000 in United Kingdom. Audi eTron Q4 will be available in Europe from June 2020.

    Compared to Audi e-tron's base price of €68,333 – it's 13 333 EUR cheaper and even more suitable for city driving. For comparison, Tesla X costs about 91 700 EUR for the most basic version and Model 3 is priced at 53 800 EUR on the same market.

    The electric range is around 460 km in combined driving and 585 km in city driving with 4 wheel driving. Tesla shares are down -1.4% following the news from Audi around 1h and 20 minutes before closing time. Looking to trade Tesla, by either going long or short? Check out AvaTrade with excellent spread and opportunities for short selling with CFD's and buying as well of course. Just press the buy or sell button and you are ready to trade.

     FSCA freeze JP Markets accounts in South AfricaFSCA freeze JP Markets accounts in South Africa
    Thursday, 9 July 2020 15:33
    The South African Financial Sector Conduct Authority (FSCA) reports that South Africa's biggest currency trading platform, JP Markets SA, had their bank accounts frozen. ShortSelling.com assume that this has been done to protect client money still left with JP Markets. For South Africans looking for a new short selling broker with CFD's, we recommend to read the review about Skilling or eToro. Both have proven to be very popular and professional for trading in the global markets for people in South Africa, regardless if you are looking to for short selling or buying right now.

     A Great Day for Short SellersA Great Day for Short Sellers
    Wednesday, 24 June 2020 22:23
    When Trump initiates new trade wars, most stocks sink like seldom before. The latest US tariff treats with EU target 30 products and seems to be around $3.1.

    American whiskey exports to EU are already down 33% or $340 million after EU raised their tariffs for the US. Expect the trade war between US and EU to take off heavily in the coming months and stocks in many sectors to drop radically. Even Goldman Sachs CEO warns of a heavy drop the coming weeks or even months.
    Meanwhile, repeated comments from U.S trade advisor Peter Navarro that the China trade deal is over, is still in denial by Donald. If two trade wars are going on while the U.S face new lockdowns over Covid-19, expect short sellers to continue celebrating. Some of the popular American stocks such as Uber (-7.8%), Tesla (-4.1%) and United Airlines (-8.3%) dropped heavily as well, while Nasdaq -2.19% and Dow Jones finished at -2.72%.

    Finally, WTO reports lots of new daily records in global Covid-19 cases, from India to America. So where can go short, or against the news? Check out our review of Skilling for a popular short selling CFD broker, that also allow long positions. If you cannot wait, sign up here for Skilling!

     8 Short Selling Hedge Funds Cash in on Wirecard8 Short Selling Hedge Funds Cash in on Wirecard
    Thursday, 18 June 2020 20:07
    Shares in Wirecard fell 65% on Thursday, after the company revealed that 1.9bn eur are missing, BBC reports. Hedge funds and family offices are increasingly shorting Wirecard the last few weeks. Companies such as Slate Path Capital are shorting 1.75% of Wirecard's shares, while TCI Fund Management, Marshall Wace LLP and Maverick Capital are above 1% short. 4 other firms are also active in short selling Wirecard the last few months. Financial Times report that the short selling investors gained as much as €740 million during the first day of the collapse. Wirecard currently had €1.8 billion in outstanding debt in the end of September, 2019. Looking to get into the stock market? With modern short selling, you can get similar exposure as the hedge funds that made €740 million. Sign-up with Skilling to go long or short with CFD's today!

     California sees Uber drivers as employees. Who's next?California sees Uber drivers as employees. Who's next?
    Tuesday, 16 June 2020 21:28
    Calling your employees contractors are not going to work forever right? Uber are loosing their first fight in California over GIG worker laws, writes Nolo. All Uber drivers working will be considered employees according to the new AB5 law, Reuters report. Earlier attempts by Uber to change their app to avoid California's laws failed.

    This means a lot of extra costs for Uber and their around 90 000 drivers in California. If expecting $1500 in extra costs for each driver, Uber might loose up to 135 millions in revenue in California alone during one year. If this spread to more states and European & Asian countries, the issue could be huge for Uber. Looking to take advantage of the recent Uber rules? Go either long or short with Skilling through CFD's today!

     Skilling add Neteller & Skrill to deposit methodsSkilling add Neteller & Skrill to deposit methods
    Tuesday, 16 June 2020 20:36
    Looking for a fresh, transparent long and short selling broker with unique deposit methods? Well, we got good news for you. Today, Skilling (review here) managed to add two new and popular transfer methods. You are now able to deposit and withdraw money with either Skrill or Neteller. So in case you got some money over on any of those e-wallets, go ahead and register at Skilling and give them a try!

     Plus500IL Ltd gets new CEOPlus500IL Ltd gets new CEO
    Tuesday, 16 June 2020 10:00
    The Israeli version of Plus500, eg. Plus500IL Ltd, have made Erez Levy to their new CEO. He is starting with immediate effect to lead Plus500 in Israel. Before being promoted, he handled legal matters along with compliance and licensing related tasks for Plus500. Plus500's shares has gone up 41.6% in 2020.

     Shares in Avidity Biosciences (RNA) increase 63%Shares in Avidity Biosciences (RNA) increase 63%
    Friday, 12 June 2020 16:19
    In the first day of trading, the biotech company Avidity Biosciences increase the share price by 63%. Not too bad right? Learn more about Avidity Biosciences shares (RNA) here.

     Short selling lovers clapping hands: The top is reached!Short selling lovers clapping hands: The top is reached!
    Thursday, 11 June 2020 18:34
    Did we just reach the top? Many short sellers seems to anticipate that. Nasdaq 100 reached 10 000 yesterday, ATH. Still, U.S are loosing millions of jobs every week and the current valuations makes little sense – according to many analysts. Multiple high profile people that ShortSelling discuss with estimate the there is a huge downside ahead. We are probably just starting the huge sell off. Find a Short selling broker for CFD's or ETFs – and you can buy with them too if you still expect the market to go up. Try a transparent and professional broker such as Skilling today!

    However, when looking at major indices today, the minus numbers are easiest to find. Dow Jones -6%, Nasdaq 100 down 4.4%, S&P 500 is minus 5.3% and Japan 225 went down over 5% as well. Similar trend in Europe where Germany 30 is minus 5.5%, Spain 35 is munus 5.3%, Italy 40 is down 5% and French 40 Index is down almost 5.75%. Similar down trend is true for commodities such as Gold (-0.6%), Silver (-2.58% and brent oil (-7.9%). What about shares? Well, even Tesla shares are down 5% after reaching $1000, Uber shares are down 10.75%, Facebook shares -5.75%, Hertz shares minus 20% and Boeing shares -15%. Many major banks are also down 8-12% for the day, including Barclays shares (-9.4%), Bank of America shares (-10.25%), Banco Santander shares -10.5%, Credit Suisse shares (-7.27%) and Deutsche Bank (-7.9%) just to name a few. Well, so if you are worried about the downturn – what is there to do?

    Well, modern short selling with CFDs are what most individuals and savvy investors goes into. That's an easy and simple way to get great exposure for the stock markets downturn. Sign-up for Skilling to get started with going short or long with help of CFDs.

     Tesla down from ATH: $1000/shareTesla down from ATH: $1000/share
    Thursday, 11 June 2020 14:02
    Tesla closed yesterday at $1022 per share, a new All Time High. Today, Teslas share price opened down around 2.5% after 30 minutes of trading.

    Even when the Tesla shares were around $700, Elon Musk complained that the company was valued too high. It seems that the launch of Nikola Corp or Nikola Motor as they are called, helped Tesla surge recently. Nikola (NKLA) went live on the stock market one week ago and have surged over 500% already. Nikola creates electric ATV's, trucks and jetskis. More info about that company can be found on Short Selling's page for Nikola Corp.

    Looking to buy or sell Tesla with CFDs? Go with Skilling, where you can do both with the click of a button.

     Uber loose the Gruphub deal: Shares down againUber loose the Gruphub deal: Shares down again
    Thursday, 11 June 2020 11:47
    Instead of Uber, it seems like Grubhub rather merge with Just Eat instead, CNBC reports. The main reasons for the ended merger between Uber and Grubhub seems to be an antitrust investigation. Uber shares fell almost 5% yesterday and the company is down 3.8% in pre-market trading. The short selling volume in Uber shares been going up lately, reaching 12% before the market opens on Thursday. Looking to buy or sell Uber? Read the review of Skilling, one of our favourite brokers for both shorting and buying Uber shares with CFDs.

    For Uber, it seems to be back to organic growth again after a lot of hyped attempts to grow by mergers and acquisitions, which they hope should lower the costs.

     Nikola Corporation Reach P/E 1070+Nikola Corporation Reach P/E 1070+
    Thursday, 11 June 2020 10:20
    Nikola Corp shares launched on Nasdaq only a week ago and the electric vehicle company been rising over 500% in simply 7 days. Not heard about Nikola Motors before? Well, they do electric ATV's (4 wheelers), trucks and jet-skis. The only problem for traditional short sellers? There are not many willing to lend out their shares, and if they do – the cost will be astronomical to borrow the shares. So what about CFD's? Well, to date, we don't know of any innovative CFD broker that provide NKLA for shorting. Hopefully, they wake up soon since both option traders and traditional shorting fanatics would love to go into a stock with P/E over 1070. Yes, you read that right. The valuation today is 1070 times their earnings.

    Trevor Milton, the founder and executive Chairman of Nikola Corp, is obviously happy to see his newly stock listed company having a higher valuations than Ford. He says:

    Currently, no analysts got any forecasts for Nikola Corporation on Nasdaq. So stay tuned to see what they predict. Year to date: Nikola is up 529% since launch.

     Buying & selling the wrong shares? Zoom add to confusionBuying & selling the wrong shares? Zoom add to confusion
    Thursday, 11 June 2020 10:08
    Even been confused about names for any stocks and bought the wrong one? Zoom Technologies (Zoom) seems to have the better stock ticker, compared to Zoom Video Communications (ZM) and Zoom Info (ZI) and the even smaller Zoom Telephonics Inc shares (OTCMKTS: ZMTP). According to SEC, this might have led to a lot of people buying the wrong shares. Well, there are likely also short selling entusiasts going into Zoom (Zoom Technologies) instead of Zoom Video Communications (ZM).

     Uncertainty has seldom been higher, says founders of GMOUncertainty has seldom been higher, says founders of GMO
    Monday, 8 June 2020 10:54
    The Boston-based fund company GMO worries about the current stock market valuations. Co-founder Ben Inker says: “We are in the top 10% of historical price earnings ratios for the S&P on prior earnings and simultaneously are in the worst 10% of economic situations, arguably even the worst 1%”.

    The founders of GMO, Jeremy Grantham and Ben Inker, also points out that Covid-19 is unlike any earlier crises. The most worrying might be the lack of certainties. Like many other investors, they are nervous and see more downside than upside in going long right now. The stock exposure for GMO's Benchmark-Free Allocation Strategy fund gone from 55% in stock exposure to 25% in the beginning of May, 2020. Some of the current economic issues that are not perfectly priced in could be the current mass unemployment in many countries, multiple corporate bankruptcies such as for Hertz, a potentially extended economic dip, civil unrest and a quest for a vaccine taking way longer than people hope.

     Snap Stocks reveal serious issues within the companySnap Stocks reveal serious issues within the company
    Wednesday, 3 June 2020 23:35
    In recent news, SNAP shares gained close to 11 per cent in stock value over the last month. This is a great achievement for a company that often gets overshadowed by industry giants like Facebook and Twitter's shares. SNAP reported a stellar first quarter of 2020 report with a record of 36.7 per cent gain. This is the best performance that the company has displayed in the past two years. The report shows that the social media firm is on the verge of generating positive free cash flow for the first time since it was established.

    On the downside, the numbers indicate a slow down in the advertising revenue. The advertising revenue is headed towards stagnation in the next half of the year. This poses a great threat to the success of the company. It also makes SNAP the riskiest stock option in the social media criteria at the moment. The only way that the company will move from that position will be if strategic changes are made from within. Without the changes, the stock is likely to continue to lose value in the coming months. Snap shares closed down 0.1% in Wednesday's trading session.

     Zoom acquires a security company to assist with encryptionZoom acquires a security company to assist with encryption
    Wednesday, 3 June 2020 22:14
    The COVID-19 pandemic forced many people to turn to Zoom as the main video meeting platform. This move resulted in the daily meeting participants on the platform increasing from 10 million, as it was reported in December 2019, to 200 million in March. The company announced that by the end of April, the platform was hosting more than 300 million meeting participants daily. This resulted in some issues with privacy within the platform. Such issues include built-in attention-tracking features to Zoombombing issues. Zoombombing is where uninvited attendee break in and disrupt meetings conducted via Zoom. The security issues have drawn so much attention in the past month or two. Zoom's blog writes about the newly acquired business called Keybase.

    Zoom (ZM) shares closed the day 7.59% up. This year, Zoom Video shares gone up 325% and many find the valuation to be way too high. Currently, 28% of the shares in Zoom is in the hands of short sellers that expect the price to fall a lot more.


    The issue has become so severe that the company is facing at least three lawsuits from users. In attempts to remedy the situation, zoom acquired secure messaging and file sharing service key base. The Zoom Keybase will help to enhance the security and privacy capabilities on the platform within the next 90 days. The founder of Keybase has also been hired to lead the new security engineering team at Zoom. The company intends to solve the security issues before they result in the loss of clients.

     Twitters adds a new feature that allows users to schedule twTwitters adds a new feature that allows users to schedule tw
    Wednesday, 3 June 2020 22:06
    Twitter announced the addition of a new feature to its platform recently. The new feature will allow clients the ability to schedule tweets. The function also allows users to save drafts of their tweets in the web application. Twitter (TWTR) shares rose 8.1% in Wednesday's trading session, but are still about $12 off all time high. Currently, 23% of TWTR are owned by short sellers. By modern short selling, you can join that group too.

    The scheduling function is something that users on iOS and Android applications can do already. According to Twitter, the drafts will not be saved across platforms. This means that tweets which you save via its website will only be available on the website and not on your smartphone or any other device. To schedule a tweet, you have to start by visiting the twitter site on your laptop or desktop computer. You then proceed to compose your tweet and click the newly introduced schedule button. It allows you to set the time and date for when you wish the tweet to be published. The social media company also introduced a new “scheduled tweets” button that allows users to view all tweets that are yet to be published. It also allows you to delete those that you do not want to be published anymore.

     Research Firm Names Oracle The Email Marketing ChampionResearch Firm Names Oracle The Email Marketing Champion
    Wednesday, 3 June 2020 21:00
    Oracle announced that Forrester Research Inc., an independent research firm, recognized the company as a leader in the email marketing services sector. According to the May 2020 report, the research firm evaluated 13 email marketing service providers before concluding. The research firm also used 23 criteria, which were split into three categories. The categories were current offering, strategy, and market presence. Among all the providers that were evaluated, Oracle Responsys received the highest scores ever in the artificial intelligence, analytics, and vertical capabilities criteria. The report also declared that the Oracle Data assets and analytics models extend the utility of Responsys. The company announced that client references get more than they pay for hence making the company a leader in the market. The report also stated that Oracle displays a significant global footprint, a consistent delivery scale, and industry-specific data schemas. Additionally, the report also displayed the fact that the AI that runs off of email and non-email data is revolutionary. Oracle (ORCL) shares closed up 0.39% on Wednesday.

     Snapchat stops promoting TrumpSnapchat stops promoting Trump
    Wednesday, 3 June 2020 18:48
    Snapchat, the most popular social media site among younger users, stopped promoting Trump's account on their “discover feature” according to CNBC. The least war mongering American president in decades still gets in trouble for violence, even if Trump didn't get impeached. According to the 29 year old CEO Evan Spiegel, Snap “simply cannot promote accounts in America that are linked to people who incite racial violence”. That is regardless if that's done on Snap or some other social media plattform.

    Snap Inc shares (SNAP) are trading down 3% after the announcement. Currently, 17% of all shares in Snap are owned by short sellers. Still wanna follow Donald? Go to @realdonaldtrump at Snapchat and see his recent highlights about black voices for Trump. Alternatively, use the Trump lens to enhance your recent snaps.

     Poorest risk reward for going long in stocks ever?Poorest risk reward for going long in stocks ever?
    Wednesday, 3 June 2020 14:54
    Stanley Druckenmiller, the famous hedge-fund manager that broke the bank of England with George Soros by going short in sterling in 1992, is negative about the upward potential for many US stocks. “Risk reward of investing in stocks has never been worse”. We say: Go short the modern way instead of staying out of the market and if you suspect the market is near all time high and don't deserve to be there. Go enjoy the trading with a simple broker allowing both long and short CFD-positions such as Skilling. Read the extensive review of Skilling here.

     Shares in Tiffany drops almost 9%Shares in Tiffany drops almost 9%
    Tuesday, 2 June 2020 21:50
    Another stressful day for retailers just finished. This time, shares in Tiffany & Co finished the day $11.47 down or almost -9%. Only 6% of Tiffany's shares are currently owned by traditional short sellers. Would you like to take part in the shorting feast? Read up about contemporary shorting with CFD's from our guide. Alternatively, read the review of Skilling to learn more about what a professional broker can provide. In case you cannot wait to get started, register for Skilling here and go short in TIF!

     Amazon offer permanent jobs to 70% of temp employeesAmazon offer permanent jobs to 70% of temp employees
    Tuesday, 2 June 2020 17:50
    Following the increased unemployment rates as a result of the Covid-19 pandemic, Amazon. Com Inc intends on offering permanent employment opportunities to around 70% of the workforce in the USA that it had hired temporarily. The company has hired temporary employees to help meet customer demand during the pandemic. In June, the company will start sharing the news with more than 125 000 warehouse workers that they get to keep their current jobs permanently. Amazon shares is trading at $2466 (-0.2%) on 2nd of June, 2020.

    The remaining 30% of the recently employed temporary workers will maintain seasonal contracts that are expected to last up to 11 months, according to the official Amazon Inc. spokeswoman. This move signifies the fact that the sales on Amazon have increased sufficiently hence allowing them to increase their workforce. All the new employees were hired in March following an announcement made by the company appealing to workers that were laid off by other businesses to consider joining the Amazon fraternity temporarily. ShortSelling.com are glad to see an innovative company that keeps hiring even in a downturn.

     Norwegian Cruise Line Holdings Extends Voyages SuspensionNorwegian Cruise Line Holdings Extends Voyages Suspension
    Tuesday, 2 June 2020 17:06
    Norwegian Cruise Line Holdings has formally announced that it will be extending the suspension of all voyages across its 3 cruise lines. This new extension will affect all voyages initially scheduled to embark between 1st July and 31st July 2020. Regent Seven Seas Cruises, Oceania Cruises, and Norwegian Cruise Line had initially canceled sailings meant to embark in June, but now have to extend at least another month. Norwegian Cruise Line Holdings shares traded +2.2% on Tuesday the 2nd of June.

    In a statement, Norwegian Cruise Line Holdings noted the suspension on its voyages is in line with global efforts meant to curb the continued spread of the COVID-19 pandemic. The statement further noted the company would continue working together with the global health authorities, the federal government, and the US CDC (Centers for Disease Control and Prevention) to put in place necessary precautionary measures.

    Travelers booked on voyages meant to embark on dates between 1st July and 31st July were asked to get in touch with the cruise line or their travel agents for additional information. The announcement affects all its 3 brands namely: Regent Seven Seas, Oceania Cruises, and Norwegian Cruise Line.

    Some of the current discounts on Oceania Cruises include free beverage package, US$800 free shipboard credit and up to 8 free shore excursions in an attempt to lure potential cruise line customers.

     Paris Hilton invest in a Vegan start-upParis Hilton invest in a Vegan start-up
    Tuesday, 2 June 2020 16:46
    Meanwhile, Paris Hilton, the granddaughter of Hilton group's founder Conrad Hilton, is investing in vegan startup GoodCatch Foods. I think that's hot, she says. Some of their most recently launched products are called Naked in Water (eg. fish free tuna), Mediterranean (tasting like spicy tuna, but is fish free) and one type of protein boost called Oil & Herbs.

    Looking to trade stocks such as Beyond Meat which are traded at Nasdaq? Today, BYND was trading 3.35% down from yesterday. The company been around for 11 years and are still due to make a profit. You can go either long or short though Skilling. Alternatively, if you wanna learn more about the broker first, then read the review about Skilling.

     Go short in BTC? RSI suggest overbought at 10100Go short in BTC? RSI suggest overbought at 10100
    Tuesday, 2 June 2020 14:01
    Bitcoin short sellers stands ready after BTC reach $10100 and struggle to go past the $10 500 since July 2019. Even back then, it was only a very temporary break through for Bitcoin against USD. Those relying on daily Relative Strength Index as a technical indicator, might notice that BTC currently seems to be overbought. If Bitcoin doesn't manage to break through $10500 in the coming days, it might instead test the resistance around $6300 and later perhaps even $4000.

    In case you are interested in shorting Bitcoin or go long for that matter, you can do so at Skilling by the press of a button.
    Example: With a take profit at 6400 USD and standard 2x leverage, you earn €334 if the trade is executed at take profit, while risking €455 when entering the position with 0.1 units at Skilling.

     Microsoft announces expiration of the Pool 1 Exchange OfferMicrosoft announces expiration of the Pool 1 Exchange Offer
    Monday, 1 June 2020 17:56
    In May 2020, Microsoft Corp Announced the expiration of its offers to exchange the Pool 1 Offer. The Pool 1 Offer refers to the ten series of notes that are collectively referred to as the Pool 1 Notes. The notes are to be replaced with a new series of 2.525% notes by Microsoft. The new series is due June 1st, 2050. For this reason, they are referred to as the New 2050 Notes. The company also announced the expiration of cash payments as applicable in the series. Microsoft shares was up 0.24% in afternoon trading in New York. Currently, around 3 085 000 microsoft shares or 14% of the total volume of MSFT equity, are lent out in the traditional way. Modern shorting is currently not disclosed.

    The company also seeks to exchange the Pool 2 Offer together with the Pool 1 offer in what is known as the exchange offer. The four series of notes known as the Pool 2 Notes and the existing Pool one notes will be exchanged for MicrosoftÂ’s 2.675% notes due June 1st, 2060. The notes go by the name the New 2060 Notes. The New 2060 Notes, together with the New 2050 notes, collaboratively known as the New Notes and a cash payment as applicable.

     Uber executive and co-founder sell shares for $78.5MUber executive and co-founder sell shares for $78.5M
    Friday, 29 May 2020 16:26
    Days after recent Uber layoffs, two prominent executives of the firm sold off major share holdings. The executive woman sold half of holdings in Uber shares for $8.6M. Meanwhile, the co-founder Garrett Camp has sold off since march, 2020 for a total of $69.6. Uber share price rose 2.5% in early trading on Friday the 29th of May, 2020.

     Urban Outfitters Expecting a 60% Dip in Same-Store SalesUrban Outfitters Expecting a 60% Dip in Same-Store Sales
    Friday, 29 May 2020 16:11
    Urban Outfitters, Inc., the apparel retailer a few weeks ago predicted a 60% fall in its same-store sales in the 2nd quarter. The decline is because of the lukewarm demand recovery occasioned by the disruptions caused by the COVID-19 pandemic. The disruptions have also caused Urban Outfitters share price to fall by as much as 4%, for the second day in a row.


    Despite having reopened close to 40% of the over 600 stores spread out across the globe, the Free People Brand Owner states the initial customer response is generally lethargic. It, however, remains hopeful that it will open a further 100 stores by the end of the first week of June.


    Richard Hayne, the Chief Executive Officer told analysts Urban Outfitters, Inc., that he believes it will take many quarters before sales can go back to the pre-virus levels. ItÂ’s also something predicated on when a medical cure or vaccine for COVID-19 is found. The brand also reported low preliminary results for its 1st quarter which ended 30th April, with many terming them as being worse than expected.

     Tiffany & Co. Reopens Doors to Its Australian-based BoutiqueTiffany & Co. Reopens Doors to Its Australian-based Boutique
    Friday, 29 May 2020 15:02
    Tiffany & Co shares open the day 0.5% down. The last few months have seen fashion stores shuttering across the world, as the stores moved to protect their customers and staff alike from contracting the coronavirus. ItÂ’s a move that saw the shopping experience at the brick and mortar stores come to a screeching stop. Most boutiques opted to direct their clients to their web portals.

    Tiffany & Co. is among the many boutiques that made the executive decision to close its stores when the pandemic hit. On March 18th, the company noted it would be acting per recommended health practices requiring it to adapt its stores as needed. But as the COVID-19 curve in Australia continues to flatten, the government has advised itÂ’s safe to reopen physical stores.

    This is to mean this luxurious jeweler is ready to yet again reopen its stores. In addition to reopening its stores after the temporary closures, the jeweler also recently piloted a new offeringtitled Tiffany T. It did this via Instagram in the hopes of reconnecting with its loyal customers. You can follow the tag Tiffany T here.

     Look at Weed, Lack of GreedLook at Weed, Lack of Greed
    Friday, 29 May 2020 14:06
    Now, there are mostly one type of traders around for Canopy Growth Corp. Yes, we are talking about short sellers that seems to love this stock right now. The absence of greed for weed is obvious, and many predict that part of the market is overvalued.

    The volume for Canopy Growth is really high, already after less than 1 hour trading and the share price is down almost 19%. Keep track on the CGC shares to see how much down or up they are going today. Alternatively, if you like to trade cannabis on the stock market, try some blends from the new Markets website.

     Macy’s Intent on Raising $1.1 Billion in Form of Fresh FundsMacyÂ’s Intent on Raising $1.1 Billion in Form of Fresh Funds
    Friday, 29 May 2020 14:04
    MacyÂ’s Inc., the department store operator recently launched a fresh funding round meant to help it raise $1.1 billion in the form of bonds. Money raised from this round is meant to assist this hugely popular, but struggling retailer to overcome the effects of the coronavirus. Perhaps it could also help help Macy's shares that fell 10% in early trading on Friday, the 29th of May, 2020.

    On 26th May 2020, the company sent out a press release indicating the bond sale proceeds would mainly go towards repaying previous borrowings. It intends to raise the money by issuing senior notes set to mature in 5 years (2025). The retailer noted the bond notes would be secured by 10 distribution centers and 35 stores around the country.

    This new bond offering is dependent on MacyÂ’s making its way into a $3 billion credit facility. The facility is inclusive of a $300 million bridge credit facility whose term is set to expire in December 2020. Its $3 billion credit facility will mature in 2024, and the company intends to use its inventory to back it.

     Biggest short selling stock discussions of the dayBiggest short selling stock discussions of the day
    Thursday, 28 May 2020 20:50
    It's been revealed that the big investor Michael Burry that was featured as Christian Bale in “The Big Short” has spent over $30 million on a couple of major short positions. He selected a few targets Facebook, Jack in the Box, Boeing Co and Michaels Companies. The latter one ended 9% down today.

    At the same time, Zoom Video ended the day up 1% to a valuation of 1942.4 in P/E. What about that valuation? How long will it last?

     Uncertainty Over Norwegian Air Shuttle COVID-19 RecoveryUncertainty Over Norwegian Air Shuttle COVID-19 Recovery
    Thursday, 28 May 2020 16:59
    Norwegian Air Shuttle ASA on 28th May announced it was uncertain over how the COVID-19 pandemic would continue developing. It also noted it was unsure of when the company, and the airline industry, in general, would return to its previous baseline levels. Shares in Norwegian Air traded 10% down in Norway, while there was zero trading volume in the US-listing.

    The budget carried, when releasing a trading update noted it had experienced a pre-tax loss in the Q1 of 2020 amounting to $331.7 million (3.28 billion Norwegian Kroner). This figure was from a loss of 1.98 billion NOK which was occasioned by a 19% revenue fall bringing the total earnings to 6.51 billion NOK.

    This was amidst the disruption in the airline industry occasioned by a decline in air travel caused by the coronavirus pandemic in mid-March. Apart from the pandemic, other factors affecting its earnings were unrealised losses that had been hedged on jet-fuel hedge contracts and global currency revaluations.

    Before the earnings report, a FactSet consensus had estimated a 2.66 billion NOK pre-tax loss on revenue of around 6.58 billion NOK. Most of the companyÂ’s fleet has been grounded due to travel restrictions.

     Eli Lilly Shares Rise 4% - Getting close to ATHEli Lilly Shares Rise 4% – Getting close to ATH
    Thursday, 28 May 2020 14:05
    Eli Lily shares are starting the trading day in America upwards, over 4%. Now, the company is getting near the all time high (ATH) that was reached the 24th of April, 2020. Like most other drug companies, Eli Lily has been busy since the WHO classified COVID-19 as a global pandemic. The company has recently agreed a partnership with Shanghai Junshi Biosciences of China. The two firms are planning to start clinical trials of the antibody they have developed to combat the virus in the US and China.

    Junshi is handling most of the drug development processes and told reporters that it intends to seek approvals for human tests for one of the novel antibodies it has developed. Antibodies are defensive proteins that the body produces to fight harmful organisms in the body. The antibody has already been tested on rhesus monkeys. Speaking to the press on May 26, the Chinese company said that pre-clinical studies of the CA1 and CB6 antibodies had shown satisfactory ability to neutralize the virus. The results of these studies were published in Nature, a science journal. Junshi stated that it would only conduct human trials on CB6 because it had shown more potency in monkeys than CA1.

    Meanwhile, Eli Lily and Boehringer Ingelheim have partnered with Duke Clinical Research Institute (DCRI) on clinical trial of Jardiance (empagliflozin). The aim is to determine whether the drug improves the health of patients with acute myocardial infarction, popularly known as heart attack. They want to establish if the administration of this drug to adults with or without diabetes reduces the risk of heart failure. The two companies will fund the randomized clinical trials, while DCRI will handle the technical aspects of the project. The project dubbed, EMPACT-MI, includes around 3,300 adults from 16 countries who have suffered acute myocardial infarction. Myocardial infarction is the main killer of patients with cardiovascular complications, and the trial will test if the use of an SGTL2 inhibitor can reduce hospitalization and death rates in patients who had recent heart attacks.

     GSK shares goes up after strong Q1GSK shares goes up after strong Q1
    Thursday, 28 May 2020 12:35
    GSK shares start the day by rising 2% in early trading. Glaxo Smith Kline had a strong First Quarter earnings though they could not match its incredibly good returns for 2019. GSKÂ’s current strategy is to grow its market share in the over-the-counter drugs category. It is the shareholder in Pfizer and also has strong in-house brands. The two companies now hold 7.3% of the market share, which is three points higher than the closest competitor.

    GSK has a collaboration agreement with Sanofi that works on inventing a COVID-19 vaccine. The partnership is part of a growing trend among pharmaceutical companies where they join forces to accelerate research, clinical testing and manufacturing capabilities in response to the crisis. Sanofi has already developed a COVID-19 antigen that GSK hopes to apply to its in-house DNA and adjuvant technology used to produce influenza vaccines. The collaboration also has the potential to reduce the time it takes to take the research to preliminary clinical trials. GSK is also licensing the adjuvant technology to other companies working on different vaccine prototypes such as Vir Biotechnology.

    Another promising area is its newest line of oncology drugs. Zeluja is used in the management of ovarian cancer, while belantamab mafodotin treats multiple myeloma. Meanwhile, Shingrix, which is used for immunization against shingles, has experienced growth in sales. Even Trelegy Ellipta for cardiovascular diseases and Juluca used to treat HIV, are doing well on the market. The company claims to have six more drugs that it will release later in the year. Analysts that ShortSelling.com been discussing with estimate that the healthcare sector is one of the safest investments during Covid-19 and least likely to attract short sellers.

     AT&T shares trading above $30 againAT&T shares trading above $30 again
    Thursday, 28 May 2020 12:12
    AT&T shares has been trading at below $30 for some time, but went up over 3% to reach $31.85 in Wednesday's trading session. The company still seems to offer a average dividend yield of 7%. Currently, AT&T is enduring difficulties related to debt, but its investments in communication assets and technologies are likely to put it in a strong position when normal conditions resume.

    AT&T stock might be able to get a stimulus package from the Federal Government, at least that is what some investors expect right now. The company predicts that it is cash flow will remain close to $24 billion in spite of the harsh economic conditions. This is in addition to the $9 billion it retained after paying out $15 billion worth of dividends in the previous financial year.


    At the end of the First Quarter, company CEO Randall Stephenson confided that AT &T will continue with its expansion strategy by investing in broadband, 5G, and the highly anticipated HBO Max. He also expressed commitment to paying debts and maintaining good credit ratings. The companyÂ’s debt amounted to $154 billion at the end of March, but the management halted further acquisitions in the wake of the COVID 19 crisis. The company doesn't seem to be at risk of default, as its fundamentals are solid. However, it might divest DirecTV due to pressure from investors who are keen to cut costs and reduce debt, Telecom.com reports. The proceeds from this sale will enable the company to expand its 5G network.

    AT &T plans to launch HBO Max, a video streaming service, on May 27 and service is expected to add new subscribers. Currently, HBO has 34 million subscribers, but the new service may attract foreign subscriptions.

    T

     Takeda tries to minimise debt burdenTakeda tries to minimise debt burden
    Thursday, 28 May 2020 10:21
    Takeda recently announced plans to divest in its fully owned over-the-counter unit for around $3.7 billion. The decision is part of a wider plan to reduce its debt burden, which grew with the acquisition of Shire in 2019. The acquisition increased the companyÂ’s interest-bearing debt to over $46 billion, forcing the management to announce plans to shed off non-core units worth over $10 billion as a way of reducing the debt burden.
    Takeda has already divested $7.6 billion worth of assets after selling its Xiidra brand to Norvatis in 2019 for around $5.3 billion. It also plans to sell a section of its European business to the Orifarm Group for close to $670 million. Takeda shares initiated the 28th of May with a small increase of 0.6%. However, unless they manage to sell their healcare division, short sellers might be flocking to Takeda.

    The company is in discussions with financial institutions to look for a suitable buyer for Takeda Consumer Healthcare, which it values at 400 billion yen ($3.71 billion). Industry insiders have confided that Taisho Pharmaceuticals leads the list of potential buyers due to its dominance in the over-the-counter drugs. However, financial analysts are concerned that the COVID-19 pandemic has dampened investor interests in acquisitions.

    Takeda spun-off its consumer drugs subsidiary in 2016, allowing it to develop a line of strong brands that are popular in Japan, such as Benza Block and Alinamin vitamins. Nevertheless, the unit has struggled with lower profit margins than prescription medicine and a shrinking domestic market. Company executives feel that it is holding back growth in a very competitive industry. Henceforth, the company will focus on drugs for chronic diseases such as cancer, digestive disorders, rare conditions and conditions that affect the central nervous system.

    Meanwhile, in April 2020, Takeda recalled two lots of its Vonvendi brand in the US in response to safety concerns. Vonvendi is a clotting drug used during and after surgery. The two lots are TVA19005AA and TVA19005AB and have both met the regulatory requirements but the recall is just a cautionary measure to protect patients. The recalls are at the factory level, meaning that patients will still access them at the pharmacy.

     TM Records an 80% Profit Drop as Covid-19 Lower Car SalesTM Records an 80% Profit Drop as Covid-19 Lower Car Sales
    Wednesday, 27 May 2020 18:51
    The Toyota Motor Corp (ticker: TM) said that it's expecting an 80% profit drop, due to the coronavirus impacts that have adversely affected the sale of cars. The industry's expected damage highlights how the carmakers will struggle to recover from the pandemic's effects, as different governments prohibit the movement of people. Although Toyota is one of the most profitable automakers, they expect a 1.5 trillion yen hit from a fall in car sales this year. However, they still expect to make an operating profit of around 500 billion yen.

    Toyota president Akio Toyoda said, “The virus has dealt us a bigger shock than the 2008 global financial crisis, and we anticipate a big drop in sales volume.” However, the company still hopes to be a leader in the country's economic recovery. Despite the profit slump, the company can't stop investing in the future, and they intend to use more than 1 trillion yen on capital expenditure and R&D investment. Toyota Shares rose almost 2% in the New York trading session on Wednesday.

     India's Tata Motor Introduces Safety Financing SchemeIndia's Tata Motor Introduces Safety Financing Scheme
    Wednesday, 27 May 2020 18:28
    Tata Motor shares are trading up almost 2.8% on Wednesday afternoon in New York, following some good news.

    The Tata motor company has come up with a new financial scheme to provide secure and affordable loans, especially for the frontline covid19 worriers. The coronavirus lockdown has affected numerous industries, including the automotive, and the car makers have developed creative ways to increase sales. With Tata motor's key to safety initiative, a customer can purchase a Tata Tiago with an EMI plan that starts at Rs 5,000 monthly for six months.
    They are also availing a maximum of Rs 5 Lakh loan with five years' tenure, but the customers can pay the RS90, 000 EMI in a lump sum.

    One can also return the car to the company in case of any payment difficulty. Tata motors offer benefits worth RS 45,000 on Tiago, Harrier, Tigor, and XUV range of cars for police officials and health workers. The company has started operations in various parts of the country with different operation procedures, including an online virtual discussion on Tata's click to drive platform.

     Honda Profits Shrink to Four Years Low Due to the PandemicHonda Profits Shrink to Four Years Low Due to the Pandemic
    Wednesday, 27 May 2020 18:03
    Honda Motor shares are surprisingly rising 2% today. Japanese biggest automaker, Honda, is struggling with the coronavirus effects, which have affected the global demand for vehicles drastically. The company has thus recorded and posted the lowest operating profit in four years. It has also refrained from posting further earning outlook due to the uncertainty of the pandemic's long-term effects. According to the company's executive vice president Seiji Kuraishi, “It's difficult to calculate the reasonable impact of covid 19, and we will release the forecast when we can”. The company has recorded an operating profit cut of 130 billion yen due to the coronavirus.

    Some analysts still believe that vehicle sales could even shrink further by a third amid the global financial crisis.Honda Motor, along with other global automakers, faces weak demand due to
    the high number of job losses and economic downturn, which adversely affects consumer spending. They are also struggling to cope with the supply chain disruptions due to the strict social distancing measures that could limit more output in the coming months.


    Honda Accord and Hong Insight are two of their latest electrified cars, while Honda Clarity is a plug-in hybrid and the CR-V is a standard hybrid. They also have one Clarity model made by fuel sells. See the real time share price of Honda Motor here.

     Trump Threatens The Freedom of The BirdTrump Threatens The Freedom of The Bird
    Wednesday, 27 May 2020 15:31
    Twitter shares might be in trouble if the president gets through his will. TWTR is already down 4.7% after worries from investors and speculators, that it will be a harsh summer. The freedom for the famous little bird could be in jeopardy. Alternatively, if doing modern short selling it could be a good thing.

    Truth is that Trump been caught in over 16 000+ lies during his 3 first year as president. When Twitter put the warning text below some of his tweets, Trump felt humiliated. He is now threatening to either shut down some selected social media platforms, or at least try to increase the regulation of what and how they may write, writes TechCrunch.

    The fact check tags appearing below some of Trump's tweets implies that you should do a fact check of what is being said. This is all in agreement with Twitter's previously rolled-out rules on fact checking a few months ago.

     GM Delays Resumption of 2nd Shifts at US Truck PlantsGM Delays Resumption of 2nd Shifts at US Truck Plants
    Wednesday, 27 May 2020 12:17
    General Motors Co is set to hold up second shifts in their plants in Michigan, India, and Mexico due to a shortage of parts from the US Southern neighborhood. The news comes in shortly after the company resumed operations after shutting down in March due to the coronavirus pandemic. Mexico auto parts production also recommenced work recently, thus the delay at the plant.

    The company plans to open a second shift in the Lansing Delta township plant only, but its targeting resumption to the other plants later. In response to the delayed operations, the company's spokesman said that “the demand for our full size picks has been strong, and we are certainly exploring ways to add our production, and we will do that when it makes sense”. The General motor suppliers also received updates that the company plans to resume three-shift production in the Fort Wayne plant and others by June 1st. General Motors shares are trading up 0.7% today.

     Ferrari Cuts its 2020 Core Profit Forecast Owing to Covid-19Ferrari Cuts its 2020 Core Profit Forecast Owing to Covid-19
    Tuesday, 26 May 2020 22:16
    The luxury car making company, Ferrari, reported stable earnings in the first quarter of the year, but the current quarter seems to shape up wrongly. Therefore, they predict that the second quarter will be a harsh one, generating lower revenue, which has affected the profit forecast for the entire year. Due to the coronavirus pandemic, in mid-march, the company shut down its two factories located in North Italy, a hard-hit region. Ferrari reopened its two factories on May 4th but expects the revenue from formula one to be lower than that of 2019.

    Ferrari SF90

    Car sales have plunged across the world due to strict coronavirus containment measures that have forced the closure of showrooms and have shut the production lines. The anticipated profit slash for Ferrari is due to the suspended races, reduced turnover from brand projects, and lower engine shipment, especially to Maserati. Some sports may occur without spectators, which will further reduce the revenue paid to teams, including Ferrari. According to Chief Executive Louis Camilleri, Second Quarter will be very weak. The company will have to make adjustments on amortisation, tax, depreciation, and earnings before interest. It's likely to lead more short sellers into Ferrari's shares.

    But if you still got the cash, you might be interested in the new hybrid model called Ferrari SF90 Stradale. The hybrid engine got 986 horsepowers, consume 6 liter of petrol for 100 km, makes 0-100 km/h in 2.5 sec and will cost between €500 000 to 600 000 when it's released later this year.

     Short seller clap their hands, the world holding it's breathShort seller clap their hands, the world holding it's breath
    Tuesday, 26 May 2020 22:06
    While Chinese media try to play down the US talks of Hong Kong related sanctions that recently emerged from the White House.

    Meanwhile, China demand that US tech sanctions ease, or they would likely retaliate. A grim outlook for the world could be reality soon, if a cold war will be started by Trump. In combination with the second wave of Covid-19, the world economy could sink quicker than ever before, many short sellers predict, and could take longer to turn around.

    Among the positive news are the recent short sellers bans lifted. In fact, many shorting entusiasts clap their hands now and are ready for some real action. It's possible to go back into the market that's been rising too quick since the lows in March, says one entusiast. Read our review about Skilling and see the opportunities right in front of you today. You can go either short or long – depending on your preferences.

     Ford is Paying Some Suppliers EarlyFord is Paying Some Suppliers Early
    Tuesday, 26 May 2020 17:03
    The Ford motor company has come up with an early payment program intended to help out their cash-strapped suppliers pay their bills and keep their operations afloat. The company set aside ample cash in reserve several years ago to help them out during economic turndown. Ford reopened most of its factories in the USA after the two months shut down due to the coronavirus pandemic. The cessation adversely affected the company's operations, imposing around $10 billion loss, though they still seem unshaken, since it has enough money to ensure that the factory survives. Ford shares are trading up 2.3% for the day. The company is up almost 50% up since the 23rd of March, 2020.

    They have, therefore, come up with a new program aimed at supporting their suppliers. They are now working on a few companies that supply them with critical parts across their US factories, but they plan to expand the program to its entire supply base later. Jennifer Flakes, Ford's spokesperson, said that although the program is still new and limited, they are working on its growth. The company has also added its cash reserves by drawing down the credit lines and selling other new bonds.

    F

     More Apple Stores Open, While Lowering PricesMore Apple Stores Open, While Lowering Prices
    Monday, 25 May 2020 22:07
    Memorial Day in United States seems to lower prices for some airpods and even the Apple watches are almost 12% off. It may be a way to get some business back after several weeks or even months closure in some parts of the world. An increasing amount of Apple stores are opening up, including all in Australia, Austria and Hong Kong, while Japan and US quickly open up multiple stores every week. In the UK, all stores are still closed. Same is true for Netherlands, Belgium, Brazil, France, Spain and UAE.

    Apple shares closed just 1% below all time high on Friday. The US stock market is back for trading tomorrow Tuesday the 25th of May, 2020. The median 1 year estimate for Apple is $320 per share among analysts. The successful trader Stanko see Apple as one of 5 potential short selling nominees this summer. What do you think? If you like to go long or short in AAPL, use Skilling's plattform now!

     Tilray's CEO predicts Chapter 11 for 12+ Cannabis companiesTilray's CEO predicts Chapter 11 for 12+ Cannabis companies
    Sunday, 24 May 2020 20:28
    Tilray's CEO, Brendan Kennedy, told analysts that he predicts Chapter 11 or insolvency for at least 12+ cannabis stocks in the coming year. Margins are rather tight and there are simply too many stock listed CBD businesses around. Following the start of Covid-19, raising money are harder than a decade ago and a lot of listed cannabis firms with poor results and red numbers might go bankrupt.

    Tilray themselves raised $90.4 million in March 2020, in order to secure funding for the near future. However, the result for the 1st quarter was minus $112.1. So we are not confident that it will be easy to raise capital in the second half of 2020 or in 2021 for that matter. It's also very unlikely that the U.S or Canadian governments are going to give any support to listed cannabis companies.

     Netflix plants to deactivate all inactive user accountsNetflix plants to deactivate all inactive user accounts
    Friday, 22 May 2020 18:23
    In May 2020, Independent reported that Netflix would start to automatically cancel accounts that have been inactive for a long time. The users of the accounts that have been dormant for a year or more are expected to receive a notification from the company. In the notifications, which will be sent via email, users will be asked whether or not they wish to continue their subscription. The company will proceed to discontinue subscriptions for users who do not respond and those who ask them to do so. However, users who would wish to reactivate their accounts will have all their old viewing history restored. Netflix shares traded down 0.4% on Tuesday the 2nd of June, 2020. Currently, 26% of all shares in Netflix are owned by short sellers so it may be no surprise that lots of people are speculating about further contradiction in price.

    Who are the main competitors of Netflix? Two well-known are HBO that is owned by AT&T (T shares) and Amazon (AMZN shares). Amazon's prime membership with fast and fixed price shipping include Amazon Prime Video. It's expected that more customers will use it over time.

    NetflixÂ’s Product innovation director, however, declared that only 0.5 per cent of their total subscriptions fall in the category of inactive accounts. While the percentage is very low, it still constitutes more than a couple hundred thousand customers. The company has also reported that there has been an increase in viewing figures across streaming services. All this has happened during the lockdown period.

     Zoombies, Hong Hong and increased unemployment Zoombies, Hong Hong and increased unemployment
    Thursday, 21 May 2020 19:33
    Bloomberg are currently warning and discussing Zoombie companies on the US stock exchange.

    Meanwhile, Hong Kong seems to get a new national security law, that criminalise foreign interference, together with separatist activities. The new law might be China's new tool to handle political dissent.

    Unsurprisingly, unemployment is on the rise. 38.6 million American citizens filed for unemployment benefits since March, 2020. In Scandinavia, Norwegians now believe that lack of work are the biggest challenges for the country going forward.

    In Spain, the socialist government will give out a basic income of €462 per month to single parent households, along with others in need of a safety net.

     A Brazilian Plant Fiat Chrysler Resumes ProductionA Brazilian Plant Fiat Chrysler Resumes Production
    Thursday, 21 May 2020 16:52
    The Brazilian unit of Fiat Chrysler automobile subjects all its employees to mandatory health check every morning. It has implemented the measure to help mitigate the spread of coronavirus in the country. Although there is less demand for cars, the plant cautiously restarted production, with fewer workers to help keep them apart. Additionally, most employees from the company get to work using the company buses that operate half full based on the social distancing rules. Fiat Chrysler shares traded up 4.1% at 6 PM (GMT) on the 21th of May, 2020.

    Also, only 65% of their workers work from the factory as the rest are working from home or on leave. The company monitors the employees' temperature, and anyone with above 37.5 degrees Celsius proceeds directly to a health facility, Reuters report. According to Bastos, “at the factory, we have a system to control all employees' temperature”. He also added that if any worker tests positive, they deeply clean all the areas he worked from and trace any interactions with other workers. So far, the company hasn't recorded any coronavirus related case.

     Price hikes at hairdressers & for coffeePrice hikes at hairdressers & for coffee
    Wednesday, 20 May 2020 11:20
    How should businesses that been shut down for months recover? In Italy, many are seeing a radical increase in coffee prices. Some consumers report that a cup of coffee now cost €2 in central Milan, compared to €1.3 before the lockdown. Meanwhile in Rome, several hairdressers are increasing prices up to 25% in order to recover some of the losses from Covid-19. Are the recently adjusted prices heavily overdue? Alternatively, will the money in your pockets last a shorter time after Covid-19? Financial Times discuss that topic about why inflation might follow the pandemic. If you believe in a further downturn for MIB30 (the italian stock index), you can go short or long with Skilling.


    Source: TheLocal.it

     Uber layoffs reach 6700 employeesUber layoffs reach 6700 employees
    Tuesday, 19 May 2020 15:21
    Uber today announce they are laying off another 3000 employees today, in addition to 3700 the 3rd of May, 2020. That makes Ubers total lay offs reaching 6700 workers just in May. Uber's redundancies will mainly happen for customer service staff and the recruitment teams. 40 of their worldwide offices are also going to be shut down in the near future. The ousted co-founder Travis-Kalanick are reported to have bought a $43M Bel Air Mansion in between the two rounds of layoffs.

    Following Covid-19, many passengers seems scared to ride with Uber, myself included. Why take an extra risk if you don't have to? Now, I either walk or take my own car instead of sitting in a small space with a potentially infected Uber driver. However, we hope that many passengers still support Uber and keep hand gel in their pockets, a mask on – and start using the services. In an effort to perhaps distract shareholders from the temporary and significant lower passenger volumes, Uber bought GrubHub for $4.5 billion paid in shares last week. Uber spent several years creating Uber Eats, but this might be a way to grow the food delivery business and get more know-how into the company. Time will tell if it's a good purchase. A total of 37 analysts forecast a median price of $33.8 per Uber share. The most positive forecast an Uber share price of $58, while the most negative estimate that Uber shares will go down to $15 within a years time.

     Apple Remove Guidance: Why Is That? Apple Remove Guidance: Why Is That?
    Tuesday, 19 May 2020 14:35
    Apple (AAPL) is trading 0.8% up today at 317.96 and is currently valued at around 25x earnings. What might worry some analysts and investors are the fact that Apple removed most of the guidance for Apple shares. But why did Apple remove the guidance for Q3, 2020? According to the company's CEO, Tim Cook, it's because of “the lack of visibility and certainty in the near term”. Some analysts covering Apple shares might find that to be sensible, since the price of the shares might either go up or down considerably in the near future. Others might believe that it's a way of avoiding the fact that outlooks are very negative and Apple are not able to tell that to the stock market in a simply and trustworthy way, without getting the share price to go down. Are we reaching the top soon for Apple?

    Personally, I've been waiting to buy a new Apple mobile for 2.5 years, but recently got a iPhone 11 Pro Max after the lockdown was over. Will many other do the same and keep buying Apple products? Or will most simply stay with their old products for longer?

     Tesla's potential competitor shut operationsTesla's potential competitor shut operations
    Tuesday, 19 May 2020 14:16
    One of the United Kingdom's richest, James Dyson and family, with a net worth of £16.2 billion, just decided to shut down the competition with Tesla. After spending 767 million on developing a superior EV-SUV with 600 miles range, the vacuum cleaner family decided to scrap the N526 project. The decision to shut operations is due to poor profit margins, which mr Dyson believe is to the advantage of major car manufacturers such as the German giants BMW, Mercedes and Audi. Today Tesla announced they will rise the price with around $1000 on the self-driving option for their electric vehicles. Elon Musk says that the price will continue to rise as the technology advance. Short Selling estimate that rising costs might be due to increase margins for Tesla, or that some spare parts have gone more expensive after Covid-19. Tesla shares are trading at 810 dollar per share, 0.6% down 50 minutes after opening. That is still only 6.25% from all time high for Tesla.

    The 1st of May, 2020, Elon Musk said that that Tesla stock price is too high. That particular day, TSLA closed the trading day at 720 dollar per share.

    The current analyst recommendations about Tesla range from 8 buy ratings, 14 hold, 2 underweight and 8 sell recommendations.

     Warren Buffett Sells Goldman Sachs for $1.4 billionWarren Buffett Sells Goldman Sachs for $1.4 billion
    Tuesday, 19 May 2020 12:09
    Berkshire Hathaway and their most reputable owner, Warren Buffet, has made over $1 billion in return from Goldman Sachs shares over the last 12 years. Now, he calls it a day. Since one of the world's most well known value investors never goes short, all they can do is sell. Berkshire Hathaway decided to sell 84% of their stake in Goldman Sachs in Q1, 2020. We see it rather similar to going short in Goldman Sachs, the reputable investment bank. Why? Warren Buffett usually love the banking sector and have historical held large chunks in many banks. Now, he probably realise that the risk is way higher than the potential rewards going forward. The margins for the banking sector are shrinking, while less customers rely on private banking. If you would like to go either long or short in Goldman Sachs, Skilling offers super quick order execution and very transparent pricing for CFDs. Try them now!

     Niu Technology Announces 2020 First-quarter Financial ResultNiu Technology Announces 2020 First-quarter Financial Result
    Monday, 18 May 2020 19:30
    The leading provider of smart mobility solutions finally announced its first-quarter financial and operational highlights. They recorded 232.9 million a 34.4% decrease year over year, an increase in gross margin from 21.3% to 23.6%. The company also recorded RMB 26.4 million net losses compared to last years' RMB 12.0Million net income. The adjusted net loss is 18.6 million compared with the adjusted net income of RMB 14.6Million in the previous year.

    The number of scooters sold was 40,160; those sold in China reached 34, 316, and 5, 844 in international markets. The company is also executing its plans to address the coronavirus impacts and has begun recovery across various areas. NIU expects the second-quarter revenue to range from RMB 585 Million to 665 RMB Million, though its subject to change due to the uncertainties related to Covid 19.

     Passengers on SAS Flights Must Wear Face MasksPassengers on SAS Flights Must Wear Face Masks
    Thursday, 14 May 2020 21:22
    The Scandinavian Airlines (SAS) today announced that all passengers over 6 years old must wear a face masks during the entire flight, starting from 18th of May until 21st of August, 2020. People that doesn't feel well or experience any kind of symptoms of Covid-19 infection, will be denied boarding. The measures are aimed to prevent the spread of coronavirus together with clean and dry air onboard makes flying a secure means of transportation. EU plan to seeks to loosen up most border controls in a matching way, all over European Union, just in time for the summer holiday season.

    Greece seems to be first out with efficient measures, testing everyone arriving at ATH airport. Everyone arriving in Athans are tested with a throat swab, just after getting off the plane. It's expected that such measures will loosen gradually, since it will be complicated to handle 1000's of new visitors that way. Sas is one of many affected airlines and the share price gone from 20 SEK to 8.8 SEK yesterday.

     Expedia Group, Inc. Stock Prices Expected to Gain GroundExpedia Group, Inc. Stock Prices Expected to Gain Ground
    Thursday, 14 May 2020 16:19
    Expedia share price is getting another hit today. Expedia shares are down almost 4% after the opening bell allow trading again. Expedia Group, Inc. made official its earnings report for Q1 of 2020 on 13th May after the closing bell. Analysts were quick to point out the company would report a loss of around $1.29 for each share on the $2.15 billion revenue earned in the first quarter. This consensus noted a decline of 22% compared to the earnings report released in Q4 of 2019.

    The decline in Q1 earnings is mainly attributed to the coronavirus pandemic which has spawned a major problem in hotel occupancy and air travel. While this may be the case, reports indicate Expedia Group, Inc. had been experiencing a turbulent time even prior to the pandemic. Reportedly, the travel group had a rough time trying to meet estimates issued on Wall Street.

    Its problems are mainly attributed to clients walking away from the group, instead opting to make reservations directly from car rental, hotel, and airline websites. Most customers believed they would get better deals if they dealt directly with the service providers, as opposed to using the travel group. However, frequent travellers know that Expedia brands such as Hotels.com gives 1 bonus night after staying 10 nights at a hotel when bookings been made through the official website.

     Icahn going short in CMBS, Commercial Mortgage Bonds ETFsIcahn going short in CMBS, Commercial Mortgage Bonds ETFs
    Thursday, 14 May 2020 10:46
    The billionaire investor Carl Icahn is going short in CMBS ETF's – commercial mortgage bonds. This is by far his current largest shorting position. Why is that? Well, he explains to CNBC that shopping mall bonds are in heavy danger. Mr Icahn makes an analogy with selling insurance to someone whoÂ’s going to be in the electric chair in a few months.

    In another interview, Icahn says to Bloomberg that he is shorting commercial real estate through CMBS and prepare for Covid-19 to bring more chaos to the markets.

     Uber Approaches Grubhub with a Takeover OfferUber Approaches Grubhub with a Takeover Offer
    Tuesday, 12 May 2020 18:49
    Uber Technologies shares rose following their latest acquisition plans. Uberis a globally extensive company that has transformed the meal delivery and ride-sharing markets. The demand for food delivery in the United States has grown with the current stay at home directives. Uber is looking forward to buying the online food delivery company, Grubhub to keep up with the high demand. The deal could give uber a boost since coronavirus has disrupted the company's core business of ferrying people from place to place. Deliberations are ongoing, and the talks could fall through. All depends on which deal Uber offer in the end, ShortSelling.com assume.

    Based on Grubhub's statement, “the consolidation could make sense in our industry, and just like any other responsible company, we are always looking for value-adding opportunities.” According to Uber, “our company is always looking forward to providing more value to our customers across all the businesses we operate.” Uber is continually creeping into the grocery sector with the Uber Direct program. They hope that the potential acquisition will give UBER a competitive edge against competitors seeking to gain similar market shares. Still, Uber shares are rather high valued and riders around Europe are quickly changing their travel habits. Perhaps Uber might be a great short selling opportunity after all? Alternatively, if you predict the market will quickly resume for them, perhaps it's time to buy?

     Slack Technologies to experience a low earning reportSlack Technologies to experience a low earning report
    Monday, 11 May 2020 19:08
    Slack Technologies Inc. develops and publishes real-time collaboration applications and platforms. The company is a provider of engineering, IT, project management, HR, sales, and marketing solutions. The 11-year-old company recently reported results for the quarter ended in April 2020. The companyÂ’s stocks are expected to move higher in the upcoming earnings report. However, there is a slight chance that they might move lower. The issues of management and business condition are likely to determine the sustainability of the price change and future earnings expectations. 4,236,899 shares or 23% of all outstanding Slack shares are currently owned by traditional short sellers.

    By the end of May, Slack Technologies shares closed at 31.27 dollars in the trading session. This figure signified a 0.35 move from the previous day. The stock, however, outpaced the S$P 500Â’s daily gain of 0.01%. This was a successful session by the company. However, the company is expected to report low earnings following the current margins in the stock market. There is a substantial risk that many many new short sellers will enter Slack in the coming weeks.

     Booking Holdings, Inc. Misses Projected Q1 EarningsBooking Holdings, Inc. Misses Projected Q1 Earnings
    Friday, 8 May 2020 16:15
    Booking shares continue to drop around 2% in early trading on May the 7th. Booking Holdings, Inc. released its Q1 earnings for 2020 on May 7th, and reported non-GAAP earnings of $3.77 for each share. The earnings reported this year missed the Zacks Consensus Estimate by around 25.9%. Additionally, the company experienced a decline of 66.2% and 83.8% Y/Y (year over year) & sequentially respectively.
    Incomes of $2.29 billion exceeded the Consensus Estimate by close to 3.9%. On the other hand, there was a reduction of 17% on a constant currency basis and 19% on a reported basis. Additionally, its top line reduced by 31.5% from Q4 of 2019.
    COVID-19 (coronavirus) global pandemic continued to act as the companyÂ’s biggest headwind for Q1. The pandemic brought about economic lockdowns which greatly impacted its ability to successfully run its operations.
    The social distancing caused by the coronavirus which became rampant in the 1st quarter also led to a surge in bookings cancellations, especially from the period after mid-March. Advertising, agency, and other businesses all displayed a weakened ability to perform in the period in question. The worst part is probably still not over yet for Booking Holdings, that are facing a troublesome summer in 2020.

     Hilton Worldwide Holdings, Inc. Surpasses Q1 Revenue EstHilton Worldwide Holdings, Inc. Surpasses Q1 Revenue Est
    Friday, 8 May 2020 15:39
    Hilton Worldwide Holdings, Inc., reported its Q1 earnings in the first week of May wherein both revenues and earnings surpassed the estimates issued by analysts earlier. Even though the bottom line surpassed estimates for its 7th straight quarter, its top line managed to beat the set consensus mark for its 4th successive quarter. After the release of its Q1 results, its share prices rose by 4.5% during pre-market trades.
    During the release, Hilton Worldwide Holdings, Inc., also noted the Q1 earnings and revenues had been greatly impacted by the coronavirus pandemic. ItÂ’s estimated the Q2 earnings will be negatively affected by the ongoing global pandemic. Hilton shares are slightly down, 0.1% during 2nd of June trading. You can trade shares at Capital with CFD's, including Hilton Worldwide. Go long or short, both is possible with the click of a button.

    A look at the Q1 earnings shows the company exceeded 74 cents for each share initially announced analytst estimates. The previous estimate stood at 45 cents for each share. It, however, experienced a decline of about 7.5% on the Y/Y (year-over-year) basis. It reported a total revenue collection of $1,920 million exceeding the consensus mark which had been estimated at $1,755 million. On the other hand, the marked a 12.9 decline from Q1 of 2019.

     Expedia Group, Inc. Receives $588 Million InvestmentExpedia Group, Inc. Receives $588 Million Investment
    Thursday, 30 April 2020 17:48
    Silver Lake and Expedia Group, Inc. recently reached an agreement that would see the former purchase 600,000 Series A preferred stock. In the transaction where Silver Lake was represented by Simpson Thatcher, it would also purchase 4.2 million common stock shares in Expedia. The entire transaction would amount to $588 million.

    Apollo Global Management affiliates and Silver Lake are in this transaction going to provide Expedia Group, Inc. with an equity investment. The Group is looking to raise $3.95 billion of fresh funds, expected to comprise of a private offering of $1.2 billion Series A preferred stock and warrants. It will also include a private offering of $2.75 billion of senior unsecured noted.

    Once the transaction is completed, Silver Lake will get to forward one representative to be nominated to sit in the Expedia Group, Inc. Board of Directors. The nomination to this board is subject to Silver Lake maintaining a predetermined level of equity ownership. Silver Lake was founded in 1999 and is an American private equity firm whose focus lies in growth capital investments in tech-enabled industries.

     Macy's, Inc. Plans to Wager Assets to Borrow $4.1 BillionMacy's, Inc. Plans to Wager Assets to Borrow $4.1 Billion
    Tuesday, 28 April 2020 17:34
    Macy's, Inc. has announced plans to hock some of its inventory and leading stores to enable it to borrow up to $4.1 billion. ItÂ’s among the latest retail giants to seek financing options after its sales were walloped by the global coronavirus pandemic. Macy's shares are up 3% today, closing at $6.36.


    It plans to raise the cash it needs by selling up to $1.1 billion of junk bonds. According to an official statement from the company, these are bonds secured by its marquee assets such as the State Street store based in Chicago. A Bloomberg report released last month had noted the firm was looking into ways it could use its existing real estate assets to obtain financing. However, the Herald Square property located in Manhattan wouldnÂ’t be included in this plan.

    Macy's, Inc. is also looking to set up a new line of credit worth around $3 billion. Once set up, its inventory of unsold goods will be used to back it up. Chances are the retailer may need to borrow under the line of credit later this year to help it make up for cash shortfalls.

    M

     Death or heaven for Tesla? Death or heaven for Tesla?
    Wednesday, 15 April 2020 12:16
    Technical analysts and an analyst from the investment bank Goldman Sachs have widely different opinions about Tesla's current valuation.
    Technical analysis of Tesla in April, 2020 by Nate Bergey

    Nate Bergey that rely on technical analysis for his investments believe that Tesla is about to enter the corrective wave, where the stock goes down. The first major support might be in the $250 range according to Nate.

    Meanwhile, the analyst Mark Delaney from Goldman Sachs increased the rating to buy with a target price of $864. He claims to be positive on Tesla because the company got an important product lead in EVs, a market where Goldman Sachs expect long-term secular growth.

     Block Monday: Pricing disabled for some US-IndicesBlock Monday: Pricing disabled for some US-Indices
    Monday, 9 March 2020 12:24
    Pricing for futures and forward have been disabled for S&P 500, Nasdaq 100, Dow Jones since futures exchange rules that limit declines of over 5%. However, you can still get prices for almost all CFD's on Skilling. Check them out today or get started with shorting CFD's now!

     Tesla is finally free to short sell after SEC rule 201 expirTesla is finally free to short sell after SEC rule 201 expir
    Wednesday, 5 February 2020 20:00
    On February 5th, Rule 201 for TeslaÂ’s shares was lifted. The expiry of Rule 201 means that investors that are looking to profit from short selling TeslaÂ’s shares can proceed without any limitations. SEC Rule 201 , also referred to as the Uptick Rule usually is implemented when the price of a security exhibit a drop that exceeds 10%. It is implemented to stop individuals and groups from driving down the price of the security further down. This can be done through aggressive unloading of positions. The expiry of Rule 201 on Tesla was triggered by TeslaÂ’s newly found heights on the market. The state of the share price of Tesla is highly bound to the state of the Chinese Market. Following the coronavirus pandemic, the company experienced a dip in its shares.

     GSK afraid profits might fall due to R&D spendingGSK afraid profits might fall due to R&D spending
    Wednesday, 5 February 2020 18:50
    The British drugmaker are now considering selling assets in order to assist with extra costs from R&D spending in the near future. They estimate that earnings could fall 4% in 2020 due to increased spending on research and development. Follow the live GSK share price here.

     Welcome to Shortselling.comWelcome to Shortselling.com
    Friday, 20 September 2019 21:07
    Welcome to the recently launched new website, completely dedicated to Short Selling stocks and shares through CFDs. We review brokers and give you insight in the most popular instruments to short.