Silver surges as Reddit army targets precious metals

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Silver surges as Reddit army targets precious metals

Move over GameStop, Reddit mania is spreading to the precious metals market. Silver futures surged as much as 8.5% above $29 Sunday evening, touching five-month highs. That follows a 6% rally last week. Meanwhile, retail sites warned customers over …
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Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets

Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% on its investments in January, according to people familiar with the firm. Melvin’s losses are the most …
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CfD, floating wind and supply chain concerns all in the spotlight as Energy Voice and EY's 10 Point Pod gets underway

In this piece, the first in a series of publications analysing Westminster’s 10-point plan for a green industrial revolution, we provide a roundup of a wider discussion between Energy Voice’s Ed Reed, EY’s Andrew Perkins and Orsted’s Benj Sykes on offshore wind …
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COVID-19 UPDATE: Sunday, Jan. 31

ORANGE COUNTY AVERAGE PERCENTAGE OF POSITIVE RESULTS FOR LAST THREE MONTHS (NOTE: Percentages are not updated on weekends.) Oct. 1, 2020: 4.4% Oct. 2, 2020: 4.3 …
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China Recovery Undercut, Australia Quandary, Biden Jobs: Eco Day

Here's the latest news and analysis from Bloomberg Economics to help you start the week. China's efforts to control the recent resurgence of Covid-19
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