Elliott Management has taken a 9%-plus stake in the social-media company, according to The Wall Street Journal. Read More...
Bloomberg
A $1.9 Trillion Options Expiration Is Crucial Moment for Stock Hedgers
(Bloomberg) — As if another inflation shock and earnings drama at big banks weren’t enough for stock investors, Friday brings a critical moment where many option traders must decide their next move on hedging. Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesUS Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go BigStocks Bounce Off Lows as Traders Temper Fed Bets: Markets WrapFed Could Weigh Historic