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SpaceX becomes world's 7th most valuable company after blockbuster market debutSpaceX’s record-breaking IPO debut lifted its valuation above $2 trillion, making it one of the world’s most valuable companies. Strong inv...
Uday Kotak questions SpaceX valuation, says only time will tell if we're in ‘mega bubble'Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fuel...
GameStop COO Nir Patel steps downGrapevine, Texas-based GameStop and Nir Patel have entered into a separation agreement that also entails a mutual release of claims, the vi...
US court dismisses lawsuit against Reddit by WallStreetBets founderJaime Rogozinski, who founded WallStreetBets in 2012, said Reddit ousted him in April 2020 as a pretext to keep him from controlling "a fam...
Founder of WallStreetBets, which helped ignite meme stock frenzy, sues RedditJaime Rogozinski said his ouster, ostensibly for violating Reddit policy by "attempting to monetize a community," was a pretext to keep him...
TD Ameritrade limits trading on AMC EntertainmentTrading in the stock will be limited to clients with own capital on hand and not borrowed funds, TD Ameritrade said.
Reddit hires former Snap executive Drew Vollero as first CFOThe appointment of Vollero, who as the first finance chief of Snap guided its transition to a public company, comes amid rising expectation...
GameStop reignites meme stock frenzy with a $7.6 billion surgeThe surge was spurred by a final-hour rally on Wednesday that brought GameStop its biggest advance since Jan. 29, the day Robinhood Markets...
WallStreetBets video says it’s ‘time to level the playing field’The four-minute video contrasts media clips from figures such as billionaire Leon Cooperman who decry attacks on the wealthy with posts fro...
Reddit raises $250 million in funding, valuation doubles to $6 billionThe funding round was led by venture capital firm Vy Capital.
Reddit value hits $6 billion after users fueled a stock frenzyReddit intends to spend the cash to develop its advertising business, expand internationally and add video tools, the company said in a sta...
Robinhood traders have a troubled track record of stock pickingPicking stocks is hard. Almost nobody has an edge, and it’s no mark of shame when a call fails to pan out.
GameStop shares halt slide after Robinhood lifts trading curbs"The WallStreetBets influence is diminishing to a certain extent because there are a lot of people that got burned," said Dennis Dick, head...
Five things to watch in Reddit stocks trading maniaThe populist trading rally, organized in online forums such as Reddit's WallStreetBets, has helped attract a flood of retail cash into stoc...
Silver is the new Gamestop: Price boosted by online movementSilver futures jumped 11% on Monday to about $30 per ounce - an eight-year high - following strong gains over the weekend.
GameStop's 'Reddit rally' puts scrutiny on social media forumsCritics have emerged, accusing social media users of manipulating markets unlawfully by pumping shares of weak companies.
GameStop pares rally to double digits as retail traders pile inThe stock, face of the retail craze that’s gripped Wall Street and drawn scrutiny from Washington, trimmed intraday gains of as much as 114...
GameStop shows rising power of retail traders, says Reddit co-founderRobinhood Markets Inc. and other online brokerages curbed trading in GameStop and AMC Entertainment Holdings Inc. on Thursday after users i...
GameStop’s wild ride has Indian retail traders joining inThe videogame retailer was among the five most-traded names over the past week on Stockal, a platform for Indian retail investors to trade ...
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...