Tuesday, 18 May 2021

Gamestop, AMC Short Sellers Sit on Nearly $1 Billion Loss, Analysis Shows

Investors are estimated to have lost $930 million (roughly Rs. 6,790 crores) on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days, data from financial analytics firm Ortex showed on Tuesday.

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AI-Powered iOS 18 Could Be the Biggest Update in Apple's History: Report

Apple will introduce its newest iPhone 16 lineup, expected to be packed with Generative AI features, later this year. The Cupertino, Califor...