Bloomberg

Spirit Airlines Struggles to Reach Rescue Deal to Avoid Bankruptcy

(Bloomberg) — Spirit Airlines’ efforts to restructure its debt and avoid filing for bankruptcy have hit a snag after months…

European Stocks Futures Gain Before US Jobs Data: Markets Wrap

(Bloomberg) — European and US stock futures gained in line with Asian equities ahead of US jobs data that will…

Lack of China Tech Short Covering Means Rally Is Fresh Buying

(Bloomberg) — Chinese tech stocks have had a tremendous rally since the nation announced its stimulus spree. And this time,…

China’s Cash Funds Lose Billions in Rush Back to Stock Market

(Bloomberg) — Billions of dollars have exited China’s largest money market exchange-traded funds just as billions more flowed into ETFs…

EVgo Jumps 64% After $1.1 Billion Loan Commitment From DOE

(Bloomberg) — Shares of EVgo Inc. surged the most in more than three years after the electric vehicle charging company…

Buffett May Target Japan Bank and Insurance Shares, Analysts Say

(Bloomberg) — Market watchers are saying that Warren Buffett may be looking to buy Japanese financial firms and shipping companies…

China’s Sudden Stock Rally Sucks Money From Rest of Asia

(Bloomberg) — A strong rebound in Chinese stocks is set to trigger a shift in global portfolios as some investors…

European Stock Futures Fall as China’s Rally Halts: Markets Wrap

(Bloomberg) — European stocks are poised to decline, tracking weakness in Asian equities as a world-beating rally in Chinese shares…

Warren Buffett Sells $338 Million of BofA Stock as Spree Slows

(Bloomberg) — Warren Buffett’s sales of Bank of America Corp. stock slowed for a third straight round, fetching some of…

The strategy a $69 billion hedge fund uses to make sure it never loses money in the stock market

Advertisement The $69 billion Millennium Management hedge fund employs a simple yet effective trading strategy to make sure it almost…