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Man Group, the world's largest publicly-listed hedge fund, built a system to...
Summary List PlacementMan Group CEO Luke Ellis said his hedge fund has built a system that tracks popular topics on Reddit's Wall StreetBets, the forum behind the GameStop saga in January. During an...
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Man Group, the world's largest publicly listed hedge fund, built a system to...
Summary List PlacementMan Group CEO Luke Ellis said on Tuesday that his hedge fund had built a system to track popular topics on Wall Street Bets, the Reddit forum behind the GameStop saga in...
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Barstool Sports founder Dave Portnoy released a video backing a new ETF...
Summary List PlacementAn ETF designed to track sentiment on social media is set to launch on Thursday.Barstool Sports founder Dave Portnoy posted a video on Twitter on Tuesday promoting the ETF."There...
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SEC chair nominee says he will evaluate payment for order flow practice at...
Summary List PlacementGary Gensler, the nominee to be the next head of the Securities and Exchange Commission said the agency under his watch would review issues surrounding protection and fairness for...
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Rocket Companies surges 70% as chatter from Reddit's Wall Street Bets spikes...
Summary List PlacementShares of Rocket Companies soared over 70% on Tuesday to their highest point since debuting in public markets in August 2020, amid a recent spike in chatter around the company on...
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UWM Holdings jumps 36% as its inclusion on FTSE Russell list sparks...
Summary List PlacementShares of UWM Holdings Corporation jumped 36% as its inclusion on the FTSE Russell list sparked social-media chatter. The mortgage company will be added to the Russell 1000 and...
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These are the kinds of charlatans who show up when Wall Street gets weird
Summary List PlacementIn a stock market bubble, it may sometimes feel as if there are two stock markets— one is normal, the other weird and almost entirely scammy. In these times, the portion of Wall...
View ArticleBefore WallStreetBets: How GameStop went from brick-and-mortar giant to...
Summary List PlacementGameStop has been a key player in the video-game industry for over two decades.In recent years, GameStop's inability to adapt to online gaming and some questionable investments...
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GameStop bucks market sell-off with 19% surge as Reddit chatter picks up
Summary List PlacementShares of GameStop surged 19% on Thursday, bucking a broader market slump amid a massive sell-off as the chatter on Reddit appeared to gain traction yet again. Wiping out its...
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Reddit has named a former Snap exec as its first CFO — and CEO Steve Huffman...
Summary List PlacementThe social-media site Reddit has hired its first chief financial officer as it edges closer to going public.The company announced Friday that it had appointed the former Snap,...
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A new ETF called FOMO aims to invest in market trends including SPACs,...
Summary List PlacementA new exchange-traded fund may be the answer to investors' fears of missing out as trends and online sentiments reshape markets on a near-daily basis.An ETF called FOMO, which...
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New data suggests GameStop's latest surge is being driven by institutions...
Summary List PlacementGameStop is back in the spotlight with big upside moves in recent sessions, but new data suggest the price action might not be being spearheaded by retail investors as it was...
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The Dave Portnoy-backed BUZZ social-media sentiment ETF is betting retail...
Summary List PlacementSince the start of 2021, markets have faced a new reality - the power of the retail trader.Whether they are forcing hedge funds to back out of bets against unpopular stocks,...
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The top creator economy moves of the week, from talent signings at CAA and...
Summary List PlacementIt was a busy week for audio and gaming startups. Podcorn, which runs a creator marketplace for podcasters, was acquired by Entercom in a deal that valued the upstart at $22.5...
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AMC soars 29% as the theater chain prepares to reopen locations in California...
Summary List PlacementAMC shares sharply advanced Monday, extending this year's stunning run higher as the movie chain will begin reopening theaters in California.Investors pushed the shares up ahead...
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GameStop slump and weak February sales data are pressuring a major retail ETF...
Summary List PlacementGameStop shares fell by more than 20% during Tuesday's session. The move lower came alongside a slump in monthly US retail sales and putting pressure on a widely watched retail...
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After taking on Wall Street bears, Redditors are pumping their money into...
Summary List PlacementWall Street Bets users on Reddit now have a new target after taking on hedge funds: gorillas.Since Saturday, users have spent hundreds of thousands of dollars adopting apes...
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Palantir's CEO says he supports the Reddit traders who have helped the...
Summary List PlacementPalantir Technologies CEO Alex Karp expressed his support for Reddit traders who bet on heavily shorted stocks, including his own, in January when the GameStop mania was at its...
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AMC climbs as movie theater operator says it will open 98% of its US...
Summary List PlacementAMC shares rose early Thursday after the movie theater chain projected that 98% of its locations in the US will be open starting Friday. The company also said that 99% of its...
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Reddit's Wall Street Bets founder signed with a Hollywood talent agency that...
Summary List PlacementReddit's Wall Street Bets founder Jaime Rogozinski signed with a Hollywood talent agency as the entertainment industry looks to capitalize on the GameStop saga. United Talent...
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