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Citadel's Ken Griffin and Melvin Capital's Gabe Plotkin are about to get...
Summary List PlacementThe men — and it's almost always men — who run hedge funds don't speak publicly, and they definitely don't like doing so in front of Congress. But compared to the last time...
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Reddit and Robinhood are testifying to Congress today about GameStop's...
Summary List PlacementThe House Committee on Financial Services today grilled the power players involved in last month's GameStop trading frenzy.The CEOs of Reddit, Robinhood, Melvin Capital, and...
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GameStop stock worth $359 million 'failed to deliver' following frenzied...
Summary List PlacementMore than 1 million shares of GameStop were deemed failed-to-deliver after a massive short-squeeze sent the price of the video-game retailer's stock soaring, Bloomberg reported on...
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Read famed GameStop trader Roaring Kitty's full prepared testimony for Congress
Summary List PlacementKeith Gill, also known as Roaring Kitty on social media channels, is set to testify to Congress on Thursday.Gill gained a cult-like following after he invested $53,000 in GameStop...
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The GameStop hearing combines everything lawmakers love: grilling tech execs...
Summary List PlacementCongress is set to grill Reddit, Robinhood, and hedge funds over their roles in GameStop's unlikely rally last month. Congresspeople from both sides of the aisle called for...
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Robinhood says it doesn't monitor social media stock discussions. One...
Summary List PlacementRobinhood CEO Vladimir Tenev said Thursday the trading platform does not monitor social media discussions on stocks, despite the GameStop rally that gained traction on Reddit. "We...
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GameStop tumbles 11% to its lowest level in nearly a month amid Congressional...
Summary List PlacementShares of GameStop slipped as much as 11% on Thursday to their lowest level since January 21 amidst a Congressional hearing on the Reddit-fueled drama. On Thursday, the House...
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Dogecoin's $2 billion 'whale' might be Robinhood, according to Redditors
Summary List PlacementNews of a dogecoin "whale" owning $2.1 billion, or 28% of all dogecoin in circulation, has been swirling over the last few days, but the person or entity has not been identified....
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Reddit's CEO says investment advice on the social network is 'among the best'...
Summary List PlacementSteve Huffman, CEO of the social media site Reddit, told legislators that investing advice on the site was "among the best" in remarks to the House Committee on Financial Services...
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GameStop frenzy brought the market 'dangerously close' to collapse, says...
Summary List PlacementInteractive Brokers Group Chairman and founder Thomas Peterffy said the country's financial markets came "dangerously close" to collapsing during the Reddit-fueled GameStop frenzy...
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Billionaire investor Leon Cooperman blasts the Reddit-trader revolution as...
Summary List PlacementBillionaire Leon Cooperman said the idea of Reddit traders targeting the wealthy is "all baloney."The investor said market ethics have been weakening for a long time and the rules...
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Billionaire investor Bill Gross made $10 million betting against GameStop —...
Summary List PlacementBill Gross made about $10 million betting against GameStop in January.The billionaire investor was down by $10 million to $15 million at one point.The Pimco cofounder criticized...
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Robinhood CEO says day traders on the platform have reaped $35 billion in gains
Summary List PlacementRobinhood Markets CEO Vlad Tenev said in his testimony before Congress this week that the assets of his platform's users have collectively grown by more than $35 billion. Tenev on...
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What happened last week? The House held its GameStop hearing, Texans lost...
Summary List PlacementWhat happened last week?NASA's Perseverance rover landed safely on Mars last week. Mission control hosted a live broadcast during the landing. The rover started beaming back...
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Famed Reddit trader Keith Gill has piled more money into his GameStop...
Summary List PlacementKeith Gill has put his money where his mouth is and purchased more shares of GameStop, according to a screenshot posted to Reddit.Gill bought 50,000 shares of the video-game...
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Tesla shares are being driven more by Reddit posts rather than the...
Summary List PlacementTesla's stock performance is positively correlated to the number of Reddit posts citing TSLA, Barclays found.The automaker has seen outsized attention from retail investors with...
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GameStop extends 2-day surge to 278% as Reddit meme stocks find renewed life
Summary List PlacementGameStop shares extended their 104% Wednesday rally by climbing another 85% on Thursday.The two-day stock surge of 278% comes alongside gains for other so-called meme stocks...
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GameStop extends the week's rally to 188% as Reddit-trading craze grips...
Summary List PlacementGameStop shares continued to pop early Friday, potentially stretching gains to nearly 200% for the week, during which retail investors restarted the buying frenzy surrounding the...
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There are 2 kinds of people in the stock market right now: People who are in...
Summary List PlacementOn Wall Street, there is nothing like a reminder from the old timers that everything we're doing has been done before. In times like this one — when the market is awash with cash,...
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Reddit's CEO says the company will continue hosting porn
Summary List PlacementDuring an interview broadcast on Sunday, Reddit CEO Steve Huffman explained why the company allows pornography on its platform.When asked during an Axios interview whether hosting...
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