Traders in the cryptocurrency market are preparing for a potential short squeeze in Bitcoin, as speculative interest in the digital asset continues to surge. Market analysts suggest that a mass liquidation of short positions could drive the price of Bitcoin to new heights.
Cocoa prices continue to surge as global demand outpaces supply, sending shockwaves through the chocolate industry. With cocoa prices surpassing $10,000 a tonne, experts are warning of a potential crisis in the market.
Beyond Meat’s stock surged this week, leaving short sellers scrambling to cover their positions. The company’s shares rose by more than 18% on Tuesday, following news of a major distribution deal with a large grocery chain. This jump in price has caught many investors off guard, setting the stage for a potential short squeeze.
San Francisco-based Charles Schwab Corporation, a leading brokerage and banking company, reported a decline in its profit due to its interest revenue being squeezed by costly deposits. The firm’s net income for the first quarter of this year dropped by X% compared to the same period last year.
