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Why Doug Kass Says ARK Invest Unwind A 'Bona Fide Market Risk Now'
2021 Feb 23, 3:24pm | 630Read More...Growth stocks got crushed in early trading on Tuesday, sending shares of the ARK Innovation ETF (NYSE: ARKK) down nearly 12% at one point before the market stabilized. Yet the ARKK fund is now down more than 14% from its February high in less than two weeks, and Seabreeze Partners Management...
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Robinhood, Citadel, Melvin Capital CEOs Grilled In Response To Reddit, Hedge Fund Short Squeeze Drama
2021 Feb 18, 3:53pm | 564Read More...On Thursday, the House Financial Services Committee committee held a special hearing to attempt to sort through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and stocks like GameStop Corp. (NYSE: GME) that recently...
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GameStop Congressional Hearing: Robinhood, Citadel Deny Collusion In Prepared Remarks
2021 Feb 18, 10:30am | 759Read More...On Thursday, a Congressional committee will attempt to sort through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and stocks like GameStop Corp. (NYSE: GME) that recently experienced extreme surges in volatility. The House...
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Congressional Hearing On GameStop Ahead: What Investors Need To Know
2021 Feb 17, 3:44pm | 637Read More...On Thursday, Congress is taking its first crack at sorting through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and high-flying stocks like GameStop Corp. (NYSE: GME). What Happened? The House Financial Services Committee...
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Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
2021 Feb 17, 2:44pm | 2210Read More...The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season: Investors who follow particular fund managers can easily look up what each was...
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Saudi Sovereign Wealth Fund Is Betting On These 3 US Video-Game Stocks
2021 Feb 17, 4:50am | 428Read More...Saudi Arabia’s sovereign wealth fund has invested more than $3 billion in shares of video-game companies, according to 13F filings made with the United States Securities and Exchange Commission. What Happened: The Public Investment Fund, during the fourth quarter, purchased 14.9 million...
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Mobile Hedge Fund Platform Titan Raises $12.5M Series A Led By General Catalyst
2021 Feb 16, 6:47pm | 534Read More...Titan, an asset manager for retail investors, announced Tuesday it raised a $12.5 million Series A round led by venture capital firm General Catalyst. To date, the company has raised $16 million. What Happened: Titan is a holistic asset management solution that builds, manages, and explains...
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Largest Asset Manager, Biggest US Pension Fund Bulk Up On Nio Holdings: What You Need to Know
2021 Feb 08, 11:51am | 532Read More...Chinese electric vehicle startup Nio Inc – ADR (NYSE: NIO) has made rapid strides on the fundamental front ever since the COVID-19-induced slowdown in early 2020. The fundamental improvement has triggered strong upside in the company's NYSE-listed shares. What Happened: Asset...
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Schroders On GameStop Mania: Why Bears Are Not The 'Bad Guys'
2021 Feb 05, 5:47am | 692Read More...Schroders analyzes short selling also from an ethical point of view, reaching the conclusion such practice has an unfairly negative reputation. The battle between private traders and hedge funds over the GameStop Corp. (NYSE: GME) case made the headlines lately, shining a light on a...
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A Hedge Fund Bet In Favor Of GameStop And Made Away With $700M In Reddit-Fueled Rally
2021 Feb 03, 11:56pm | 550Read More...Richard Mashaal and Brian Gonic’s hedgefund Senvest Management LLC made $700 million in the WallStreetBets-fueled rally in GameStop Corp (NYSE: GME), the Wall Street Journal reported Wednesday. What Happened: The two started buying the shares of the video game retailed in September and...
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Fintech Focus For February 3, 2021
2021 Feb 02, 7:18pm | 2693Read More...Quote To Start The Day: To better align our incentives with those of our members, we will stop participating in the practice of Payment for Order Flow. Source: Public.com One Big Thing In Fintech: An “anonymously” led startup called Millions has raised a $3 million seed round...
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6 Highlights From Mark Cuban's Reddit AMA: GameStop, Robinhood, WSB And Much More
2021 Feb 02, 11:17am | 667Read More...Billionaire investor, Dallas Mavericks owner and "Shark Tank" star Mark Cuban hosted a Reddit AMA Tuesday morning where he fielded questions on the Reddit community across many topics. Here is a summary of the key takeaways. 1. GameStop Fiasco Isn't Unique:...
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Can Bitcoin Be The Next GameStop? The Word On The Street
2021 Feb 02, 4:51am | 882Read More...The Reddit retail investor crowd that pushed up stocks of GameStop Corp (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), and others could next set their sights on the world’s largest cryptocurrency by market cap — Bitcoin (BTC). Bit Of A Laggard: The apex cryptocurrency has...
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2 Movies On The GameStop Drama Are Already In The Works
2021 Feb 01, 6:25pm | 412Read More...The story of David versus Goliath turning retail traders against hedge funds has been well covered and documented across the media over the past couple of weeks. The story is so popular that it's already being turned into a book and two movies. What Happened: Two separate movie projects...
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'This Is Not The Market Participant's Problem': Volatility Arbitrage Trader Talks GameStop, Market Microstructure, Regulation
2021 Feb 01, 5:13pm | 1560Read More...In 2019, former financial professional Keith Gill, who goes by “Roaring Kitty” on Reddit, began a movement that pushed GameStop Corporation’s (NYSE: GME) stock price as high as $513.12 in premarket trade Jan. 28, after which numerous brokers made the controversial decision to...
