Short Sellers Piling Into Big Bank Stocks

With third-quarter bank earnings season now less than a month away, short sellers seem to be betting on a disappointing quarter from big banks. According to a new report from financial analytics firm S3 Analytics, short sellers have been piling into the largest bank stocks in recent weeks.

GM Finally Makes New High

General Motors Company GM 0.57% made a new intraday high for the first time since December 2013, trading up to $39.54 Friday. With rival Tesla Inc TSLA 1.91% grabbing most of the auto headlines in 2017, GM stock has quietly outperformed Tesla by a wide margin over the past three months.

AMD Sells Off As Tesla Rumor Cools Down; Analyst Calls Partnership ‘Completely False’

Advanced Micro Devices, Inc. AMD 1% stock jumped nearly 8 percent from around $13.00 to above $14.00 this week after a report surfaced that the company was partnering with Tesla Inc TSLA 1.91%to develop an autonomous vehicle chip that utilized artificial intelligence technology. The reports took the market by surprise, especially since Tesla already has a partnership in place…

Tesla’s Cheapest Model S To Be Discontinued

Now that Model 3 production is ramping up, Tesla will be discontinuingits lowest-priced Model S, previously the company’s most affordable option. Tesla will no longer be selling the rear-wheel-drive version of the Model S starting Sept. 24 but will be continuing production of the rest of the Model S lineup, including the 75D, 100D and P100D…