Hyperdrive Daily: An Activist Investor Sets Its Sights on GM

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Hyperdrive Daily: An Activist Investor Sets Its Sights on GM

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Mortgage Regulators To Eliminate Controversial Refinancing Fee

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will eliminate the hotly contested 0.5% refinance fee as of August 1 to help families reduce their housing costs. To allow households to save more money, …
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Gain in US Retail Sales Underscores Solid, Steady Consumer

The June increase in overall sales topped all estimates in a Bloomberg survey of economists. The median projection called for a 0.3% decrease in
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Since Starting 16 Years Ago, Reddit Has Never Been More Interesting Than Right Now

Attention around the site has greatly increased in the last year as young, social media-friendly investors have flocked to its message boards, conjuring up the idea of meme stocks—publicly traded companies these traders find undervalued and enjoy discussing …
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Tale Of Tesla, Elon Musk Is Inherently Dramatic And Compellingly Told In 'Power Play'

He believed the world had an unmet appetite for electric cars. He thought a California startup could upend the global auto industry. And time and again, when Tesla’s future seemed doomed, he (quite literally) gambled that the company could pull through, and …
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