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GameStop plunges as much as 60% after Robinhood curbs trading on wildly...
Summary List PlacementThe GameStop stock price plunged as much as 60% on Thursday despite rising in early trading, after Robinhood and other platforms restricted trading in the video game shop's shares...
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A chief investment strategist breaks down how the GameStop saga could upend...
Summary List PlacementIf you've spent the last couple of days watching troubled, positively despised stocks go wild, it might look like the market has turned into something completely new.Despite some...
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Some Redditors say the GameStop rally is revenge against Wall Street for the...
Summary List PlacementSome Redditors of the r/WallStreetBets forum aren't helping to drive up the price of GameStop shares for the money — they say it's for revenge."GME is about more than just money....
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Billionaire Leon Cooperman says GameStop surge will 'end very badly for the...
Summary List PlacementBillionaire investor and hedge fund manager Leon Cooperman has said he thinks the short-sellers attacking GameStop will have "turned out to be right" and that the saga will "end...
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Short-sellers are nursing estimated losses of $19 billion in 2021 after...
Summary List PlacementHedge funds and other institutions shorting GameStop stock are sitting on losses of around $19 billion as of Friday, according to new data shared exclusively with Insider.Figures...
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GameStop day traders shook markets and hit hedge funds for billions. What has...
The financial world looked on with amazement last week as members of a Reddit forum bled some of the world's biggest hedge funds dry.Summary List PlacementWall Streets Bets forum users united to drive...
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What you need to know on the markets this week: 'Eat the rich' – Robinhood's...
Summary List PlacementThis week saw a bunch of retail investors join forces through a Reddit forum and take on some of the biggest names on Wall Street by aggressively buying up the shares of unpopular...
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Goldman says the stock market is undergoing its biggest short squeeze in 25...
Summary List PlacementThe US stock market has experienced its biggest short squeeze in 25 years over the past three months, according to Goldman Sachs.It all came to a head this past week amid the...
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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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Home prices near Miami have risen over 25% in the last year as Silicon Valley...
Summary List PlacementSilicon Valley elites and hedge fund millionaires are flocking to Miami, and it's already resulting in a major spike in home prices. A new report from The New York Times' Nellie...
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Former Millennium portfolio manager Seth Turkeltaub is launching his own...
Summary List PlacementSeth Turkeltaub has left Millennium after more than a decade managing money for Izzy Englander to start his own fund.Concentric Capital Strategies will be a Stamford, Conn.-based...
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These were among the biggest hedge-fund winners and losers in January as...
Summary List PlacementHedge funds started 2021 in the spotlight after a trading frenzy in GameStop led to severe losses for Melvin Capital.These are among the winning and losing hedge funds in the...
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Steve Cohen's Point72 raises $1.5 billion after supporting Melvin Capital...
Summary List PlacementSteve Cohen's hedge fund Point72 has raised $1.5 billion after suffering heavy losses in January and providing a lifeline to Melvin Capital, as short-sellers were hit by the...
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GameStop-ravaged Melvin Capital has an unlikely investor — the partners at...
Summary List PlacementAs an army of retail traders took on some of Wall Street's biggest names, one of Silicon Valley's most storied investment firms found itself with money on both sides of the...
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A hedge fund made $700 million on its GameStop investment but bailed after...
Summary List PlacementThe Reddit-fueled market mania that sent GameStop and other heavily-shorted stocks soaring last month has often been described as a perfect example of retail investors sticking it...
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$6 billion Schonfeld details a training push called 'Sapphire' to develop new...
Summary List PlacementAfter a year when the humans outperformed the machines at $6.4 billion Schonfeld Strategic Advisors, the firm's annual letter to investors emphasized just how much they've grown...
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Billionaire Lee Ainslie is telling investors that his $9 billion Maverick...
Summary List PlacementWhile billionaire Lee Ainslie was not an immediate winner following the GameStop-fueled market volatility of last week, he told investors the aftermath of the...
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The 24-year-old founder of 2 crypto hedge funds overseeing $100 million...
Summary List PlacementA 24-year-old founder of two cryptocurrency hedge funds pleaded guilty to securities fraud on Thursday.The two hedge funds had more than $100 million in assets, the Department of...
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A hedge fund manager who wrote a definitive book on short-selling breaks down...
issSummary List PlacementShort-selling is back. After short-sellers lost about $19 billion on GameStop as of last Friday, investors warned about a growing reluctance to short. But Hindenburg Research...
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Jim Simons' RenTech fund has fielded over $5 billion of client withdrawals in...
Summary List PlacementRenaissance Technologies has fielded over $5 billion in withdrawal requests in less than 10 weeks.Jim Simons' quantitative hedge fund posted double-digit losses in its three...
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