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GameStop short-seller Melvin Capital lost 53% this month after the...
Summary List PlacementMelvin Capital Management lost over half its assets after GameStop burned short-selling funds this month.The hedge fund, which was at the heart of the GameStop frenzy, lost 53% in...
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GameStop founder Gary Kusin said it was an 'honor' retail investors targeted...
Summary List PlacementGameStop's founder and his family are closely following the firm's exploding share price this month. Ben Kusin, whose father Gary co-founded GameStop, had been an active member on...
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Robinhood scales down list of restricted stocks from 50 to 8, but users can...
Summary List PlacementRobinhood narrowed down the list of stocks with trading restrictions from 50 to 8 on Monday.Users can still buy only one share in GameStop, according to the latest update.If a...
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Elizabeth Warren told the SEC to 'grow a backbone' and regulate hedge funds...
Summary List PlacementIn the wake of the GameStop trading frenzy, Sen. Elizabeth Warren says the US Securities and Exchange Commission needs to introduce more regulation to keep hedge funds from...
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Elon Musk led a bizarre interview with Robinhood's CEO, quizzing him about...
Summary List PlacementThe GameStop stock saga took a new turn on Sunday night when Tesla CEO Elon Musk unexpectedly interviewed Vlad Tenev, the CEO of the trading app Robinhood, on the new audio app...
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We've seen this before: The current GameStop drama has grassroots in the 2008...
Summary List PlacementIt's been only a few days since news about the feud between Main Street and Wall Street entered the public's awareness and the internet is already filled with more articles and...
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XRP falls sharply after soaring 50% but Dogecoin is holding on, with day...
Summary List PlacementCryptocurrency XRP tumbled into the red on Monday, after rising more than 50% in early trading, as a "pump and hold" scheme organized by day traders ran into trouble.Yet "meme"...
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Legendary VC investor Bill Gurley wants to ban the order-flow practice at the...
Summary List PlacementVC investor Bill Gurley wants the brokerage practice of payment for order flows banned."If the SEC/government wants to 'fix the plumbing' the number one thing they should do is...
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Elon Musk says his kids spend a lot of time online and 'were mostly educated...
Summary List PlacementElon Musk said most of his kids' education was coming from the internet.The Tesla and SpaceX CEO — who is a father of six children, five of whom are school-aged — was asked about...
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Silver spikes 13% to 8-year high as Reddit day traders turn their buying...
Summary List PlacementThe price of silver on Monday jumped as much as 13%, to $30.35 per ounce, hitting an 8-year high. The surge pushed up shares of silver-mining companies and causing retail sites to...
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Reddit-fueled trading could increase risk in the system, but Congress should...
Summary List PlacementMassachusetts Democratic representative Stephen Lynch said Reddit-fueled trading could lead to "systemic risk" in an interview with CNBC on Monday. He added, however, that...
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BioCryst surges 30% to a 5-year high as Redditors declare 'BioWar' against...
Summary List PlacementBioCryst Pharmaceuticals jumped to a 5-year high on Monday, fueled by spiking interest from Reddit investors.The stock closed 39% higher after surging as much as 41% in intraday...
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Buy these 4 stocks poised benefit from a spike in silver prices, says RBC...
Summary List PlacementSilver jumped almost 12% on Monday to an eight-year high, while the largest silver-backed exchange-traded fund, the iShares Silver Trust (SLV), posted a record $1 billion in...
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Clubhouse stock skyrocketed after Elon Musk tweeted about an unrelated social...
Summary List PlacementShares of Clubhouse Media Group skyrocketed Monday following a Sunday tweet from Tesla CEO Elon Musk.The problem is that Musk tweeted about the privately owned Clubhouse audio...
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SCOTT GALLOWAY: How to become truly rich (hint: it's not by trading on...
Summary List PlacementThe news of the (second) impeachment seems strangely pedestrian after the blowtorch intensity of Reddit versus The Hedge Funds. The good news is that the hedge funds didn't...
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Reddit day traders wanted to beat Wall Street to prove the system is rigged....
Summary List PlacementKeith Gill, the day-trading member of the Reddit group Wall Street Bets who is widely credited with igniting the recent GameStop trading frenzy, claimed in late January that he...
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Robinhood's CEO is reportedly staying at a hotel instead of going home after...
Summary List PlacementRobinhood CEO Vlad Tenev is staying at a hotel because of backlash following the GameStop trading rally in late January, Bloomberg reported on Tuesday.Robinhood restricted trading...
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'Big Short' investor Michael Burry sold his GameStop stock last quarter,...
Summary List PlacementMichael Burry's fund sold its 1.7 million GameStop shares before the buying frenzy."The Big Short" investor potentially missed out on more than $750 million in profits.Burry's...
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Robinhood's idea to rewire the financial system in the wake of the GameStop...
Summary List PlacementVlad Tenev, co-founder and CEO of online retail trading platform Robinhood, is set to be grilled by Congress on Thursday. Tenev will have to explain how his startup's users...
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Renowned GameStop investor 'Roaring Kitty' hit with a securities-fraud...
Summary List PlacementKeith Gill, aka RoaringKitty, was hit with a securities-fraud lawsuit over his role in the GameStop short squeeze.Gill developed a following as he documented his "YOLO" bet on...
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