Tag: Management Moves

This star hedge-fund manager says some major tech names are now value plays, as he shorts one meme-stock favorite

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Stocks are on the rebound again, at least that’s the vibe from futures. That’s a day after Federal Reserve Chair Jerome Powell confirmed to lawmakers, what markets already knew – that a soft economic landing might be tricky while taming the inflation beast. Along with average investors, hedge funds have had a rough start to…

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Elon Musk says workers should return to office or quit. It’s a big gamble: ‘Tesla is kick-starting its own local Great Resignation’

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Elon Musk is giving his employees an ultimatum. Tesla’s TSLA, -2.36% chief executive officer and founder responded Thursday to an apparent leaked email that called on employees to return to the office: “They should pretend to work somewhere else” were his choice of words on Twitter TWTR, -0.76% in the early hours of Thursday morning….

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