Keith Gill, aka Roaring Kitty, hosting a YouTube livestream on June 7th, 2024.Source: Roaring Kitty | YouTubeMeme stock champion Keith Gill, known as "Roaring Kitty" online, seemed to increase his ownership in GameStop's common stock and appears to be holding more than 9 million shares.Gill posted a new screenshot of...
Category: Investing
GameStop shares slide 12% following Friday’s 40% sell-off
Keith Gill, a Reddit user credited with inspiring GameStop's rally, during a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024.Michael Nagle | Bloomberg | Getty ImagesGameStop shares fell about 12% on Monday as the meme stock extended Friday's sell-off sparked by a dismal...
Apollo’s co-president said it is one of the few private equity firms OK with higher rates
Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management Co-President Scott Kleinman had a more contrarian view: He said he'd be betting against any rate cuts in 2024. That call so far has paid off. But higher-for-longer rates haven't necessarily been a tailwind for...
Now you can invest in Elon Musk’s xAI through Cathie Wood’s ARK Venture Fund
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.Eva Marie Uzcategui | Bloomberg | Getty ImagesCathie Wood's ARK Invest has taken a stake in Elon Musk's startup xAI as she deepens her big bet...
Op-ed: How activist investors are deactivating with proxy battle losses
Jeffrey Sonnenfeld, Yale School of ManagementScott Mlyn | CNBCAs this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year โ most prominently at Disney and Norfolk Southern โ raises the question: Are activist investors increasingly getting de-activated, losing their credibility and...