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EBay rejects GameStop's audacious $56 billion takeover bidEBay has rejected a massive $56 billion takeover offer from GameStop. EBay cited doubts about GameStop's financing for the deal. The compan...- Man accused of fatally stabbing nine in Suriname kills himselfA father suspected of fatally stabbing four of his children and seven others in Paramaribo died by suicide in a police cell. The 43-year-ol...
- What's the Hedge funds and how do they generate moneyIn simple terms, Hedge Funds pool money from high-net-worth individuals and large companies to generate higher return and diversify risk. T...
- Some hedge funds face steep losses after betting on hot sectorsThe broader S&P 500 index ended around flat for May, with the Nasdaq index down 2%. However, during the month the S&P fell so far it nearly...
- Netflix, Meta dumped by hedge funds as tech sell-off continuesThe S&P 500 is now down nearly 16% for the year to date, while the Russell 1000 Growth index, which is more focused on technology companies...
- Tiger Global hit by $17 billion losses in tech rout: reportAccording to estimations by LCH Investments, Tiger Global lost around two-thirds of its gains in four months. But investors who put money i...
- New meme stocks swing as shorts and retail investors face off againStocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets fo...
- Billions in secret derivatives at centre of Archegos blowupThe idea that one firm can quietly amass outsized positions through the use of derivatives could set off another wave of criticism directed...
- GameStop, other meme stocks soar as markets eye stimulus boostGameStop retains a legion of devout followers after a social media frenzy in January triggered a massive rally in which its shares surged m...
- Robinhood CEO defends actions in GameStop saga at hearingUS lawmakers are examining whether the wild swings in the stock price of the video game retailer exposed conflicts in the market's structur...
- Hedge fund manager Gabriel Plotkin's GameStop short, dissectedOn Thursday, he spent more than five hours answering U.S. lawmakers' questions about how his firm Melvin Capital Management, which shed 53%...
- US lawmakers face off with GameStop saga's key playersThe episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both p...
- Hedge funds hunt frothy names to short, even after GameStopPandemic-driven volatility made last year one of the best in a decade for many equity hedge funds. Several posted gains that were more than...
- Analysis: To the brink and back on GameStop - Wall Street vs RedditThe experience of this manager and a handful of others interviewed by Reuters over the last days, who all requested anonymity for fear of p...
- Howard Marks calls GameStop episode ‘mob behaviour’, sees no systemic riskShares of GameStop have become the hottest topic in global financial markets after some retail traders, part of a Reddit group called ‘Wall...
- Billionaire Steve Cohen quits Twitter, citing threats in GameStop uproarThe small investors, connected on social media, mobilized to take on institutional short sellers of GameStop and other shares, sparking a s...
- Short sellers face end of an era as rookies rule Wall StreetThe biggest casualty came Friday, when Andrew Left’s Citron Research said it will discontinue offering short-selling analysis after 20 year...
- GameStop extends Reddit driven hyper-rally after Elon Musk tweetGameStop surged 50 per cent in extended trade after Elon Musk tweeted "Gamestonk!!", along with a link to Reddit's Wallstreetbets stock tra...
- Wall Street vs Robinhoods: How retail investors brought a hedge fund to kneesWith the pandemic hitting retailers the worst and online gaming gaining popularity in recent years, a company like GameStop that retails vi...
- Novo Nordisk India and Torrent Pharma expand their insulin manufacturing facilityTorrent Pharmaceuticals and Novo Nordisk began their partnership 25 years ago in 1992 with the manufacture and launch of insulin in 40 IU v...
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