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Quarterly revenue is expected to surpass Tesla for the first time, byd company limited short selling bets drop to the lowest in over two years.
As Chinese electric auto manufacturer BYD Company Limited is expected to announce its first-ever quarterly revenue surpassing Tesla, investors are reducing their short bets on this stock. Data from S&P Global shows that as of last Friday, the short position in BYD's freely tradable shares in Hong Kong has decreased from a peak of 7.7% earlier this year to 0.9%. Put bets are currently approaching their lowest levels since July 2022. In the options field, the cost of hedging against a stock price decline has also decreased slightly. BYD will release its third-quarter financial report on Wednesday, with market expectations that its revenue may reach as high as 204.8 billion yuan (approximately 28.7 billion US dollars).
Everus Construction Group Set to Join S&P SmallCap 600
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Adrianlim90 : 1
enfath2022 :
Chak : Because of this bastard Bank Of America, this news was hidden by CNBC. It was not on the main page and everybody wondering why it is popping up. It popped up three dollars today.Bank of America hikes Nvidia price target, says shares can rally almost 40%
102188459 : Yq
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