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As the market continued to soar this month, hedge funds are betting against a handful of health-care and auto stocks. CNBC Pro used FactSet data to look for stocks trading on the New York Stock Exchange and Nasdaq Exchange with the most short interest as of Feb. 15. Here are the names of these heavily shorted stocks: Some health-care stocks saw a sizable increase in short interest. Biomea Fusion saw short interest increase by about 19% to 11.8 million shares, or about 43% of float. Children's Place saw short interest increase by more than 200% during the first half of February.

Organizations: Nasdaq, Dow Jones, CNBC, New York Stock Exchange, Nasdaq Exchange, Biomea, Traders, Children's, Mithaq Capital, Lucid Locations: Children's, Saudi

☆ Let's accept it: The Fed's rate hikes did little to slow this roaring economy
▼ + stars: | 2024-02-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. I have not been a fan of this company because of its losses and its inability to pivot to profit. You have to add the DoorDash numbers to the Toast numbers to see the strength of the go-out and go-in parts of the economy. I am just saying that the Federal Reserve does not have a handle on how overheated this economy has become. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Todd Schneider, Kevin Hourican, Ralph Lauren, Ralph, That's, Lam, Barry Sternlicht, Otis, There's, Eaton, Parker, Uber, it's, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Walmart, Home, Philadelphia Eagles, Applied Materials, Federal Reserve, Simon Property Group, Costco, Property, Reuters, Saudi, Mastercard, American Express, Lam Research, Nvidia's, Waste Management, Starwood Capital, U.S, Fed, Jim Cramer's Charitable, CNBC Locations: DraftKings, China, Emerson, Dover, Cummins, —, Wells Fargo, San Francisco

☆ Why Are Oil Prices Falling While War Rages in the Middle East?
▼ + stars: | 2023-11-09 | by ( Stanley Reed | More About Stanley Reed | ) www.nytimes.com time to read: +5 min

Yet, after a few days of anxiety following the bloody Oct. 7 raids by Hamas militants in Israel, energy markets have been slumping. Mr. Alkadiri said that traders are unlikely to bid up prices unless they see “actual barrels removed” from the market. Saudi Arabia and other producers have been trying to support prices by reducing their oil output. Forecasters are warning that 2024 could be a difficult year in the oil markets. Haves and Have-notsAs the fighting continues, traders have figured out that when it comes to oil there are haves and have-nots in the Middle East.

Persons: Brent, hasn’t, ”, Richard Bronze, Raad Alkadiri, Alkadiri, Helima Croft, Croft, “, Biden, “ It’s Organizations: Eurasia Group, U.S . Energy Information Administration, ”, Group, American, RBC Capital Markets, Central Intelligence Agency Locations: Israel, London, China, Saudi Arabia, United States, East, Gaza, Iraq, Iran, Saudi, Hormuz, Ukraine, ”, Persian

☆ Saudi Arabia will bid to host 2034 World Cup
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

CAIRO, Oct 4 (Reuters) - Saudi Arabia announced it will bid to host the 2034 World Cup just minutes after the world soccer's governing body FIFA invited countries from the Asia and Oceania regions to submit bids. "Saudi Arabia’s inaugural FIFA World Cup bid is backed by the country’s growing experience of hosting world-class football events and its ongoing plans to welcome fans across the world to the 2023 FIFA Club World Cup and 2027 AFC Asian Cup." After FIFA said that the 2034 World Cup will be held in the Asia or Oceania region, Asian Football Confederation president Shaikh Salman bin Ebrahim Al Khalifa welcomed the decision. "We strongly believe it paves the way for a more equitable opportunity for all confederations to bid for, and host, the prestigious FIFA World Cup - the pinnacle of world men’s football," he said. The 2026 World Cup, which will feature 48 teams, will be hosted by the United States, Canada and Mexico.

Persons: Shaikh Salman bin Ebrahim Al Khalifa, Cristiano Ronaldo, Neymar, Karim Benzema, Moaz Abd, Osama Khairy, Mohamed Yossry, Rohith Nair, William Maclean Organizations: FIFA, Saudi Arabian Football Federation, Saudi, Saudi Arabia’s, AFC Asian, Asian Football, Saudi Pro League, Thomson Locations: CAIRO, Saudi Arabia, Asia, Oceania, Saudi, Morocco, Spain, Portugal, Uruguay, Argentina, Paraguay, United States, Canada, Mexico, Cairo

☆ California-based EV maker Lucid opens first-ever auto plant in Saudi Arabia
▼ + stars: | 2023-09-27 | by ( Tom Foster | ) edition.cnn.com time to read: +2 min

CNN —Californian EV-maker Lucid has opened the first ever car manufacturing plant in Saudi Arabia, as the kingdom looks to establish itself as a global player in the EV race. The factory — the company’s first international plant — will initially focus on re-assembling vehicle kits sent over from the United States. “We look forward to delivering Saudi-assembled cars to customers in Saudi Arabia and beyond.” Saudi Arabia’s powerful Public Investment Fund (PIF), controlled by the Saudi government, is Lucid’s largest shareholder. Saudi Arabia wants 30% of new car sales in the kingdom to be electric by 2030. Earlier this month, The Wall Street Journal reported that Saudi Arabia had also held talks with Tesla over an EV factory in the kingdom.

Persons: Lucid, ”, Peter Rawlinson, Tesla, Elon Musk Organizations: CNN, King Abdullah Economic, Saudi, Public Investment Fund, Siemens, Street Journal, EV Locations: Saudi Arabia, King Abdullah, Jeddah, United States, Saudi

CNN —With some of the world’s leading soccer players being tempted by the money on offer from Saudi Arabian soccer clubs, the Saudi Pro League’s (SPL) new Director of Football, Michael Emenalo, says the Gulf state is “disrupting the industry, but we are disrupting to enhance. We’re adding value to the industry.”The Saudi Pro League consists of 18 clubs, four of which are 75% owned by the Saudi Public Investment Fund (PIF) – one of the world’s top 10 sovereign wealth funds. Cristiano Ronaldo, N’golo Kanté, Riyad Mahrez and current Ballon d’Or holder Karim Benzema are just a few of players who have joined a variety of SPL clubs over the last few months. That’s true, but there is also a sensible, logical, thoughtful process to making the league better,” said the SPL’s new Director of Football. The new 2023/24 Saudi Pro League season begins on Friday, August 11, with Al-Ahli hosting Al-Hazm.

Persons: Michael Emenalo, Cristiano Ronaldo, N’golo, Riyad Mahrez, Ballon d’Or, Karim Benzema, Emenalo, Germain, Mbappé, Al Hilal’s, coy, ” Emenalo, Darren Lewis, “, that’s, he’s, Jurgen Klopp, Jordan Henderson, Fabinho, Al Ettifaq, Al Ittihad, ”, ” Michael Emenalo, Henderson, – it’s Organizations: CNN, Saudi Pro League’s, Football, Saudi Pro League, Saudi Public Investment Fund, Saudi, Al Hilal, Paris Saint, PSG, SPL, Liverpool, Saudi FA, Al Locations: Saudi Arabian, Gulf, France, Paris, Al Hilal, Saudi, Al, Liverpool, Turkey, Russia, Saudi Arabia, Mahrez, Ahli

☆ Jordan royals marry into Saudi family with ties to MBS
▼ + stars: | 2023-06-01 | by ( Celine Alkhaldi | ) edition.cnn.com time to read: +2 min

The bride is related to Saudi Arabia’s crown prince and de facto ruler, Mohammed bin Salman (MBS), through her mother, who hails from the prominent Al-Sudairi family. Jordan's Crown Prince Hussein and Rajwa Alseif sit during the wedding ceremony in Amman, Jordan on Thursday. Crown Prince Al Hussein bin Abdullah II of Jordan and Miss Rajwa Alseif. Ties between Saudi Arabia and Jordan have recently thawed after years of tension. During a trip to Jordan last year, MBS was quoted by Saudi media as saying that he was keen to “push relations [with Jordan] to a new phase.”

Persons: CNN —, Prince, Princess, Jill Biden, Prince Hussein bin Abdullah II, Alseif, Jordan, Crown Prince, Rajwa, Mohammed bin Salman, Prince Hussein, Rajwa Alseif, AP Saudi Arabia’s King Salman, King Abdulaziz, Hussa bint Ahmed Al, Katb Al, Prince Al Hussein bin Abdullah II of Jordan, Miss Rajwa Alseif Organizations: CNN, Syracuse University, Crown, Royal Hashemite Court, AP Saudi Arabia’s, Miss, Royal Hashemite, AP, MBS Locations: Saudi, Wales, Zahran, Jordanian, Amman, New York, Jordan's, Amman , Jordan, Saudi Arabia, Jerusalem, Russia, Jordan

☆ Factbox: 10 memorable impressions from the Qatar World Cup
▼ + stars: | 2022-12-17 | by ( ) www.reuters.com time to read: +5 min

SAUDI ARABIA STUN ARGENTINAArgentina were cruising in their opening Group C game after Lionel Messi scored a first-half penalty. RONALDO EXITS FINAL WORLD CUP IN TEARSPortugal's talisman became the first male player to score in five World Cups with a penalty against Ghana. FIRST FEMALE REFEREE AT A MEN'S WORLD CUPFrenchwoman Stephanie Frappart was handed control of Germany's final Group E clash against Costa Rica, becoming the first female referee to officiate at a men's World Cup. Costa Rica coach Luis Fernando Suarez described it as a big step forward in 'sexist sport' and the 39-year-old Frappart produced a calm and assured display in Germany's victory. Germany needed a win over Costa Rica and for Spain to beat Japan to go through as runners-up, and at halftime that was exactly what was happening.

☆ Arab fans unite after surprise wins in Qatar
▼ + stars: | 2022-11-29 | by ( Muath Freij | ) www.reuters.com time to read: +3 min

That chance to make history has forged a sense of solidarity among Arab supporters in Doha. "When Saudi Arabia play I am Saudi and when Morocco play, all the Arab people..." said Mansouri "...are Moroccans!" Mansouri said it felt as if Morocco and Saudi Arabia were both playing on home ground in Qatar, something which may have helped them reach new heights. All Arab and Gulf people support any (Arab) team," said Saudi supporter Khaled al-Asaimi, echoing the tone set by the leaders of Qatar and Saudi Arabia at the start of the tournament. Tensions between the two neigbours led Saudi Arabia and its allies to declare a travel and trade embargo on Qatar in 2017, a move only rescinded last year.

☆ Prince Abdulaziz bin Turki Al-Faisal: 'I'm waiting for someone to wake me up,' says Saudi sports minister after remarkable win over Argentina
▼ + stars: | 2022-11-23 | by ( Zeena Saifi | ) edition.cnn.com time to read: +6 min

CNN —A day after Saudi Arabia’s historic win against Argentina at the Qatar World Cup, the Kingdom’s sports minister Prince Abdulaziz bin Turki Al-Faisal says he’s “waiting for someone to wake me up.”“It’s been an unbelievable result. Saudi Arabia's victory is the most famous in the Arab world, alongside Algeria's victory over West Germany in 1982. People that don’t know Saudi Arabia, have never been to Saudi Arabia, go out and talk about it as if they’ve lived there for 30 years, 40 years. In honor of the team’s historic win, Saudi Arabia’s King Salman bin Abdulaziz Al Saud ordered a national public holiday for a day on Wednesday. Asked if Saudi Arabia would put in a bid, similar to its takeover of Newcastle United last year, Prince Abdulaziz didn’t confirm nor deny.

☆ Stunned Saudi Soccer Fans Celebrate Victory Over Argentina and Messi
▼ + stars: | 2022-11-22 | by ( Donna Abdulaziz | ) www.wsj.com time to read: 1 min

DOHA, Qatar—Saudi fans erupted in ecstasy and disbelief on Tuesday following their national team’s stunning World Cup victory over Argentina and, in particular, Argentine global superstar Lionel Messi, who is hugely popular in the soccer-addicted kingdom and serves as its tourism ambassador. “It’s not just that we won. It’s that we beat Messi,” said Deena Abdulwahab, 45, a mother of four from the Red Sea city of Jeddah. She took her children out to celebrate among the honking cars and waving flags on the seaside boardwalk.

☆ Saudi Arabia vs Argentina: Lionel Messi's team in one of the biggest upsets in World Cup history
▼ + stars: | 2022-11-22 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

Lusail, Qatar CNN —Saudi Arabia produced one of the biggest upsets in World Cup history Tuesday, beating Lionel Messi’s Argentina 2-1 in an astonishing Group C match. The thousands of Saudi fans inside the Lusail Stadium couldn’t believe what they were watching as they celebrated their unexpected victory. Saudi Arabia players celebrate their shock win. As full-time neared, fans cheered every tackle and save as if they were goals and, when the match did indeed end, Saudi Arabia fans reacted with frenzy. Argentina will hope to recover against Mexico in its next group match on Saturday while Saudi Arabia faces Poland.

Prince Mohammed was not seen at the match but had been front and centre at the tournament opening on Sunday. It was also a sweet moment for host Qatar, facing intense criticism over human rights in the conservative Muslim country. "The fact that the World Cup is in Qatar and we're Arabs - it gives us a lot of energy and excitement." TOLERANCEBefore the match kicked off, the issue of tolerance arose at a news conference between Qatar's foreign minister and his American counterpart. The Gulf Arab state, which denies discrimination and points to labour reforms enacted, welcomes everyone, its Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani said.

LUSAIL, Qatar, Nov 22 (Reuters) - Unheralded Saudi Arabia notched one of the biggest shocks in World Cup history on Tuesday with a 2-1 win over Lionel Messi's Argentina thanks to a scintillating second half come back. But Saudi Arabia, the second-lowest ranked team in the tournament after Ghana, threw caution to the wind at the start of the second half, charging at Argentina's defence in front of a frenzied 88,012 crowd. Despite plenty of possession after that, Argentina were unable to penetrate Saudi Arabia, who were competing in their sixth World Cup but had never previously won an opening game. ", the green-clad Saudis chanted over and over in the Lusail Stadium, on their feet and greeting every clearance from their defence with a deafening roar. Reporting by Andrew Cawthorne and Shady Amir; Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

☆ Arabs shun Israeli media at Qatar World Cup, cooling hopes of a thaw
▼ + stars: | 2022-11-21 | by ( Maya Gebeily | ) www.reuters.com time to read: +2 min

Interview attempts with Arab fans, however, fell flat with reporters from public broadcaster Kan and top-rated Channel 12 TV telling Reuters they had been mostly snubbed. Footage circulating online showed two Saudi fans, a Qatari shopper and three Lebanese fans walking away from Israeli reporters. But it has allowed direct flights from Tel Aviv for the World Cup as well as a delegation of Israeli diplomats to handle logistics. The delegation spokesperson said there had been no reports of ill-treatment of the estimated 10,000 to 20,000 Israeli fans. "Sure, most countries in the Arab world are heading towards normalisation – but that's because most of them don't have rulers who listen to their people," he said.

☆ Injured Al-Faraj in Saudi Arabia World Cup squad
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] Soccer Football - World Cup - Group A - Saudi Arabia vs Egypt - Volgograd Arena, Volgograd, Russia - June 25, 2018 Saudi Arabia's Salman Al-Faraj scores their first goal from the penalty spot. REUTERS/Darren StaplesNov 11 (Reuters) - Saudi Arabia coach Herve Renard named Al-Hilal midfielder Salman Al-Faraj in his 26-man squad for the World Cup, despite sustaining a shoulder injury in a friendly on Sunday. He has something in the shoulder, there is pain but it will be okay in a few days," the French coach said in a video posted by the Saudi team on Twitter on Wednesday. Renard called up two goalkeepers - Mohamed Al-Owais and Nawaf Al-Aqidi - who are not first choices for Al-Hilal and Al-Nassr respectively. Saudi Arabia will play in Group C in Qatar along with Argentina, Mexico and Poland.

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