Hello and welcome to my Nuzzel newsletter!
Presented by Stefan Cheplick
Social media for @StockTwits. Following the stock market, pursuing a CFA, and writing about sports.
The Wall Street Journal
–
Nick Timiraos
– Jan 25, 2:30 AM
When Jerome Powell succeeded Janet Yellen as Federal Reserve chief three years ago, he hosted a farewell dinner party for her at his home in Chevy Chase, Md. Back then, Ms. Yellen was passing the baton to Mr. Powell. Three years later, in many…
One trader turned $53,566 into more than $11 million The mania was years in the making and started as a value play Short sellers have been called a lot of things. Bloodsuckers. Parasites. Other words not fit to print. Now in the vortex engulfing…
The Wall Street Journal
–
Miriam Gottfried
– Jan 25, 1:22 PM
Leon Black plans to step down as chief executive of Apollo Global Management Inc. after an independent review revealed larger-than-expected payments to disgraced financier Jeffrey Epstein that it nevertheless deemed justified. The monthslong review…
Xi Jinping speaks at Davos event. Tencent nears $1 trillion. The best and worst places to be during Covid. President Xi Jinping called on the world to abandon “ideological prejudice” and shun an “outdated Cold-War…
The Wall Street Journal
–
Juliet Chung
– Jan 25, 11:52 AM
Citadel LLC and Point72 Asset Management are investing $2.75 billion into hedge fund Melvin Capital Management, which has been hard hit by a series of short bets to start the year. The influx of cash is expected to help stabilize Melvin, which has…
