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Jumat, 05 Maret 2021

Gabe Plotkin's Melvin Capital gained 22% in February – but the GameStop saga leaves it in a deep hole

The gain for Melvin Capital came after Gabe Plotkin's hedge fund lost 53% in January when day-traders targeted its short positions.
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Gabe Plotkin's Melvin Capital gained 22% in February – but the GameStop saga leaves it in a deep hole

Gabe Plotkin's Melvin Capital gained 22% in February – but the GameStop saga leaves it in a deep hole

The gain for Melvin Capital came after Gabe Plotkin's hedge fund lost 53% in January when day-traders targeted its short positions.

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Microsoft's embrace of virtual reality is a clear sign that it's building its Teams chat app to be as major a platform as Microsoft Office itself
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Microsoft's embrace of virtual reality is a clear sign that it's building its Teams chat app to be as major a platform as Microsoft Office itself

Microsoft signaled its ambitions to go beyond messaging and video conferencing by announcing new features including a new virtual reality platform.

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Tesla extends 3-day slide to 15% as tech sell-off continues following comments from Fed chief

Tesla extends 3-day slide to 15% as tech sell-off continues following comments from Fed chief

Powell's comments failed to soothe markets, with the Nasdaq erasing year-to-date gains since its record close on February 12.

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Goldman Sachs explains how President Biden's proposed policies could lead to 60% spike in solar-power volume — and breaks down 3 non-Tesla stocks set to benefit
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Goldman Sachs explains how President Biden's proposed policies could lead to 60% spike in solar-power volume — and breaks down 3 non-Tesla stocks set to benefit

Solar power is set to boom under Biden, Goldman Sachs says. These are the renewable stocks best placed to benefit from the sector's sunny outlook.

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Cathie Wood's flagship ETF has tumbled 25% in just 3 weeks amid a sharp tech sell-off

Cathie Wood's flagship ETF has tumbled 25% in just 3 weeks amid a sharp tech sell-off

The Ark Innovation ETF continued its decline on Thursday as major components Tesla and Square sold off.

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Women executives at McKinsey, Unilever, and AT&T on how to stand out as a leader while working from home
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Women executives at McKinsey, Unilever, and AT&T on how to stand out as a leader while working from home

Here's how women leaders are adjusting traditional career advice to make themselves heard and rise to the top, even when remote.

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ERCOT fired its CEO and the head of Texas' utility regulator resigned following the state's devastating storm blackouts

ERCOT fired its CEO and the head of Texas' utility regulator resigned following the state's devastating storm blackouts

ERCOT fired its CEO Bill Magness Wednesday, just days after DeAnn Walker, the head of Texas' utilities regulator, resigned.

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PPP changes mean solo entrepreneurs and freelancers could be eligible for more emergency funds
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PPP changes mean solo entrepreneurs and freelancers could be eligible for more emergency funds

By reporting gross income, instead of profit, solopreneurs, freelancers, and sole proprietors will be eligible for more money from the SBA.

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Congress looks to tap big companies like Microsoft to prevent the next SolarWinds cybersecurity disaster, but critics warn that approach could stifle innovation
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Congress looks to tap big companies like Microsoft to prevent the next SolarWinds cybersecurity disaster, but critics warn that approach could stifle innovation

Hearings on the SolarWinds attacks may result in closer ties between big companies and government. Experts say that may hurt newer companies.

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The return of Ebony magazine: After a $14 million buyout, its new millennial owner talks a historic relaunch
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The return of Ebony magazine: After a $14 million buyout, its new millennial owner talks a historic relaunch

As a child, Eden Bridgeman used to read Ebony in the hair salon. As its new owner, she has a plan to redefine it for the modern era.

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