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How the GameStop Trading Surge Will Transform Wall Street

For years, professional money managers and hedge funds have tsk-tsked about individual investors. They have dismissed them as “dumb money” and cautioned that so-called &#.....»»

Category: topSource: timeFeb 1st, 2021

Stocks slide as GameStop surge resumes

U.S. stock futures were lower Friday morning as a wild week of trading on Wall Street draws to a close......»»

Category: topSource: foxnewsJan 29th, 2021

Stock futures slide as GameStop surge resumes

U.S. stock futures were lower Friday morning as a wild week of trading on Wall Street draws to a close......»»

Category: topSource: foxnewsJan 29th, 2021

GameStop stock price frenzy: What to know

A surge of trading volume in shares of GameStop has stunned Wall Street firms betting that those stocks would fall......»»

Category: topSource: foxnewsJan 28th, 2021

LIVE UPDATES: GameStop, AMC trading frenzy roils Wall Street

A surge of trading volume in shares of GameStop and AMC Entertainment has stunned Wall Street firms that were betting that those stocks would fall......»»

Category: topSource: foxnewsJan 28th, 2021

Market Extra: How will this wild GameStop saga end? The ghosts of trading catastrophes past offer clues

Champions of GameStop's jaw-dropping stock surge portray it as a victory by long-suffering mom-and-pop investors over nefarious Wall Street institutions, but some veteran market observers question who, exactly, is getting played......»»

Category: topSource: marketwatchJan 28th, 2021

Market Extra: How GameStop’s surge recalls ghosts of past trading catastrophes

Champions of GameStop's jaw-dropping stock surge portray it as a victory by long-suffering mom-and-pop investors over nefarious Wall Street institutions, but some veteran market observers question who, exactly, is getting played......»»

Category: topSource: marketwatchJan 27th, 2021

GameStop, AMC shares surge after Reddit users lead chaotic revolt against big Wall Street funds

Users on online trading communities are claiming victory for wrecking costly hedge fund gambles those stock prices would fall......»»

Category: topSource: washpostJan 27th, 2021

GameStop stock is jumping after the company"s official Twitter appeared to acknowledge its recent surge - and Wall Street Bets is back in a tizzy

GameStop tweeted a p.....»»

Category: topSource: businessinsiderMay 17th, 2021

Wall Street darling Ryan Cohen is clearing house at GameStop, bringing in e-commerce experts to transform it into the Amazon of gaming

From the executive suite to the board, Chewy cofounder R.....»»

Category: worldSource: nytMar 25th, 2021

Asia Markets: Asian markets retreat as U.S. bond yields continue to rise

Asian markets retreated in early trading Friday, after Wall Street ended lower as bond yields continued to surge......»»

Category: topSource: marketwatchMar 19th, 2021

Occidental Petroleum"s stock soars to lead S&P 500 gainers, as crude oil prices rally toward a 13-month high

Shares of Occidental Petroleum Corp. shot up 9.1% in afternoon trading Wednesday, fueled by a surge in crude oil prices to 13-month highs and continued praise from Wall Street analysts regarding the oil and gas company's plans.....»»

Category: topSource: marketwatchFeb 24th, 2021

Robinhood CEO defends GameStop trading limits at congressional hearing

Key players in the GameStop stock saga are testifying to a House panel.“Many Americans feel that the system is stacked against them and no matter what Wall Street a.....»»

Category: topSource: chicagotribuneFeb 18th, 2021

Renowned GameStop investor "Roaring Kitty" hit with a securities-fraud lawsuit over his role in the stock"s epic surge

Keith Gill gained a following as he documented his "YOLO" trade in GameStop on Reddit's Wall Street Bets forum for more than a year. Keith Gill, who goes by RoaringKitty on.....»»

Category: worldSource: nytFeb 17th, 2021

Wall Street regulators signal tougher approach to industry after GameStop frenzy

The Biden administration is indicating a stricter approach to Wall Street as federal prosecutors and regulators probe potential misconduct in the GameStop trading mania......»»

Category: topSource: washpostFeb 14th, 2021

How the rich got richer: Reddit trading frenzy benefited Wall Street elite

Instead of heralding a new wave of investor populism, the rise and fall of GameStop’s stock may end up reinforcing what professional investors have known for a long time: Wall Street is very good at making money......»»

Category: topSource: washpostFeb 8th, 2021

GameStop is the latest example of Reddit rage going mainstream

Reddit has been the center of three "populist uprisings" that have disrupted American culture: Gamergate, QAnon, and now GameStop. Redditors shook Wall Street last week with a surge in the GameStop "meme stock." SOPA Images/Get.....»»

Category: topSource: businessinsiderFeb 6th, 2021

Robinhood wants the settlement system that underpins stock trading to be sped up, as it lifts its limits on GameStop and AMC transactions

Robinhood is pushing for big changes in the plumbing that underpins Wall Street stock trading, after the GameStop saga shook the system. .....»»

Category: topSource: businessinsiderFeb 5th, 2021

GameStop frenzy leaves behind a mess for Wall Street regulators

Amid the GameStop furor, regulators face a growing list of questions over the potential use of social media to manipulate stock trading; the adequacy of online brokers’ capital reserves; and the need for hedge funds to disclose more about their holdings......»»

Category: topSource: washpostFeb 3rd, 2021

The Wall Street Journal: One big winner in the GameStop frenzy: This hedge fund that made $700 million

The GameStop surge is often cast as a triumph of amateurs over professionals. Which it was, to a degree. But it also was a trade that pitted professionals against other professionals......»»

Category: topSource: marketwatchFeb 3rd, 2021

Wall Street Bets, the Reddit forum that coordinated the massive surge in GameStop"s stock, is defiant even as the price crashes

GameStop shares topped out at $483 last Thursday, but it has since crashed, falling.....»»

Category: worldSource: nytFeb 3rd, 2021