Kohl’s moon mission? Stock jumps 30% as Reddit hype triggers massive rallyKohl’s stock soared as much as 117% on Tuesday, triggering multiple volatility halts and peaking at an intraday high of $21.23 before parin...
22 Jul, 2025, 09.13 PM IST
US stocks end higher on Nvidia, trade talks hopesWall Street saw gains on Tuesday. Nvidia and other chip companies helped boost the market. Investors are watching for possible trade talks ...
04 Jun, 2025, 07.24 AM IST
India now a focus market for Reddit, says CEO Steve HuffmanReddit registered an India subsidiary in August this year and started leveraging the influencer connect to gather users – it hosted AMA (as...
04 Nov, 2024, 01.34 PM IST
GameStop gains as Roaring Kitty reveals bet in Reddit postGameStop surged 21% after 'Roaring Kitty' disclosed a $116 million bet on Reddit. Keith Gill's 5 million share holding now worth $260 milli...
04 Jun, 2024, 10.32 AM IST
Dow slips nearly 1% as markets juggle data, technical glitchesShares of megacaps including Apple and Meta gained between 0.8% and 2.1%, as yields on the benchmark U.S. 10-year and five-year notes fell ...
03 Jun, 2024, 10.37 PM IST
US stocks range-bound with weekly gains in sight on rate-cut hopesThe S&P 500 and Nasdaq were on course for a fourth straight week of gains, while the blue-chip Dow was on track for its fifth weekly advanc...
17 May, 2024, 10.22 PM IST
GameStop, AMC drop after two days of sharp rally on 'Roaring Kitty' effectCinema chain AMC dropped 14.3%, after surging 135% in the past two sessions, while video game retailer GameStop fell 9.8% after hitting its...
15 May, 2024, 07.33 PM IST
Unicorn hiring trends; smartphone makers to gain further groundThe ongoing funding winter and concerns over profitability have not deterred homegrown unicorns from onboarding top talent. This and more i...
22 Mar, 2024, 08.26 PM IST
Reddit shares open 38% above IPO priceThe San Francisco, California-based company priced its IPO at the top end of the $31 to $34 range. The IPO valued Reddit at $6.4 billion, w...
21 Mar, 2024, 11.43 PM IST
'Meme' stock prices may not properly reflect demand: NYSE president"In some of the meme stocks that we've seen, or stocks that have a high level of retail participation, the vast majority of order flow can ...
17 Jun, 2021, 01.17 PM IST
Dow Jones, S&P 500 languid as meme stock frenzy hogs spotlightShares of the iPhone maker rose 1.9% after sources told Reuters the firm was in early-stage talks with China's CATL and BYD about the suppl...
09 Jun, 2021, 12.41 AM IST
Dow Jones rises as jobs report tempers inflation worriesThe Nasdaq Composite rose 82.7 points, or 0.61%, to 13697.249 at the opening bell.
04 Jun, 2021, 09.58 PM IST
Wall St edges up ahead of key economic data, AMC soarsThe latest leg of a surge in so-called "meme stocks" stood out in early moves.
03 Jun, 2021, 07.43 AM IST
Amateurs beat Wall Street pros at their own game, & how!In September 2020, activist investor and founder of online pet food portal Chewy, Ryan Cohen bought 13% in the company.
03 Feb, 2021, 04.16 PM IST
Indians join the game on GameStopMany US hedge funds have lost money on bets to short GameStop stock. Global analysts say it’s unclear whether all small investors will make...
03 Feb, 2021, 04.15 PM IST
Sunil Singhania’s son makes 3,540% in GameStop, 680% in AMC EntertainmentThe GameStop stock lies at the centre of a bizarre battle between Wall Street hedge funds that had taken short positions in the scrip and a...
28 Jan, 2021, 09.32 AM IST
Retail darlings dented after Reddit group Wallstreetbets briefly shuts doorsShares of GameStop, AMC Entertainment, Koss Corp and BlackBerry all dropped at least 20% moments after the shuttering of the forum, highlig...
28 Jan, 2021, 07.56 AM IST