bdcrypto

Big news about SpaceX. Reports say that now 29% of SpaceX float is in the hands of short sellers.
Means that out of every 100 shares, 29 are being bet on that the "price will fall".
What's actually happening?
1. Short Interest 29% - that's a huge number. Usually 5-10% is considered high.

$From yesterday, a major crash has been happening in Asia’s stock markets. The reason is one thing—shares of semiconductor or chip companies are falling together. What’s the situation in the market right now: Kioxia: Japan’s top chip company. About 50% below its all-time high.• TSMC: the world’s largest chip manufacturer. Shares are down 0.36%