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Famed Short-Seller Jim Chanos Reveals Short Position On GE — Says This Bitcoin-Linked Stock Is ‘Narrative,’ Not ‘Fundamental’

Famed short-seller Jim Chanos revealed his short position on General Electric Company (NYSE: GE) shares, saying that the company’s fair value was "way below" its current stock price, according to a Reuters report that cited a CNBC interview.

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US Stocks Could Struggle For Direction After Tuesday’s Sell-Off: Defending This Level On S&P 500 Key To Preserve Recovery Narrative, Analyst Says

After Tuesday’s brutal sell-off, sentiment continues to remain unsettled. The index futures point to indecision and a lack of conviction among traders on Wednesday as they look ahead to more Main Street cues. Cues From Tuesday’s Trading:

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Tesla, Amazon, Coinbase, Palo Alto, Walmart: Why These 5 Stocks Are Drawing Investors’ Attention Today

Major Wall Street indices closed over 2% lower on Tuesday, recording their worst trading session in 2023, as a rebound in U.S. business activity sparked fears of extended rate hikes. The S&P Global Purchasing Manufacturer's index returned to expansion for the first time in eight months in February, reported Reuters.

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