Posts filtered by tags: Keith Gill[x]


 

BlackBerry and Nokia climb as Reddit favorites make a resurgence

John Chen, CEO of BlackBerry, gives an interview following the opening of his company's stock at the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2017. Brendan McDermid/Reuters BlackBerry and Nokia gained as much as 7.4% and 7.2%, respectively, on Thursday as Reddit traders returned to their favorite stocks.The day traders who lifted meme stocks in January returned to the market Wednesday afternoon and boosted GameStop shares.The revival of strong retail-investor moment...
Tags: New York, Wall Street, Nokia, Trends, Reddit, Gamestop, Brendan McDermid Reuters, House Financial Services Committee, Ken Griffin, John Chen, Senate Banking Committee, New York Stock Exchange NYSE, Jim Bell, Keith Gill, Ben Winck, Opening Bell BlackBerry


GameStop's Doing a Thing Again

GameStop, little diva that she is, is in the spotlight once more after shares of the company skyrocketed on Wednesday. Read more...
Tags: Science, Finance, Stock Market, Short, Robinhood, Gamestop, Financial Markets, Short Selling, GME, Short Squeeze, Business Finance, Subreddits, Keith Gill, Rwallstreetbets


Barclay's Analysts Bet Tesla Stock Is Being Propped Up By r/WallStreetBets

Tesla might be the beneficiary of the GameStonks effect, at least according to analysts for the British bank and investment firm Barclay’s.Read more...
Tags: Science, Cars, Tesla, Stock Market, Robinhood, Share Trading, Gamestop, Financial Markets, Short Selling, Barclay, Business Finance, Keith Gill, In Video Gaming, Rwallstreetbets, Gamestop Short Squeeze, Internet Based Activism


Robinhood CEO says customers on the platform have reaped $35 billion in gains

Vlad Tenev, co-founder and co-CEO of investing app Robinhood. Noam Galai/Stringer/Getty Images Robinhood CEO Vlad Tenev said the assets of his platform's users have collectively grown by more than $35 billion. Tenev was challenged on this point by lawmakers, who asked how that would compare if users invested their money differently.  The CEO on Thursday defended the platform he founded in 2013 from lawmakers in a five-hour congressional hearing. Sign up here for our daily newsletter, 10 Th...
Tags: Congress, Washington, Trends, Markets, Reddit, Goldman Sachs, Robinhood, Gamestop, Securities And Exchange Commission, Vlad Tenev, McHenry, Citadel, House Financial Services Committee, Jim Himes, Himes, Gabe Plotkin


Tech stocks tumble as investors balk at lofty valuations

Traders work on the floor of the New York Stock Exchange (NYSE) on November 20, 2019 in New York City Spencer Platt/Getty Images US stocks closed mixed with the tech-heavy Nasdaq losing over 2% as investors pivot out of highly-valued tech stocks.SPAC Churchill Capital IV spiked as much as 19% on a report a deal with EV maker Lucid Motors could come as soon as Tuesday.  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks were mixed on Monday with tech stocks pu...
Tags: Ge, US, Trends, Markets, Oil Prices, Bloomberg, Joe Biden, Bitcoin, Reddit, Goldman Sachs, Federal Reserve, General Electric, Dow Jones, S&P 500, Churchill, Gamestop


GameStop stock soars as Roaring Kitty doubles his stake

GameStop Corp. shares surged Monday after the investor Keith Gill doubled his stake in the video game retailer.
Tags: Finance, Article, Gamestop, FBN, GameStop Corp, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/wall-street, Fox-business/markets/us-markets, Keith Gill, Jonathan Garber, Roaring Kitty, Fe41785e-30e0-565c-9188-060cb8653abc


Famed Reddit trader Keith Gill has piled more money into his GameStop investment

Keith Gill, an individual online investor in GameStop, testifies during an entirely virtual hearing of the House of Representatives Committee on Financial Services entitled “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide?” House Committee on Financial Services/Handout via Reuters Keith Gill has put his money where his mouth is and purchased more shares of GameStop, according to a screenshot posted to Reddit.Gill bought 50,000 shares of the vi...
Tags: Microsoft, Congress, Finance, Trends, Markets, Sony, Reddit, Trading, Gamestop, Reuters, Gill, Matthew Fox, Keith Gill, Gamestop stock price, Gamestop Stock, Reddit Traders


The cult of Cathie Wood, plus SPAC-picking tips from a former CEO

Hello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets, as well as what to expect in the coming weeks. Here's what's on the docket:We profiled Cathie Wood and dug into how she won the funds (and hearts) of both memelord traders and boomer investors.An exploration of what to look for in SPAC investments, straight from former Barings CEO Tom Finke, who's recently gotten in on the craze.We compiled from Jeff Kolitch, who's return...
Tags: Congress, Trends, Investing, Markets, Bank Of America, Bitcoin, Reddit, Getty, Biden, Goldman, Wood, Robinhood, Jefferies, Gamestop, Vlad Tenev, Invesco


What happened last week? The House held its GameStop hearing, Texans lost power, NASA's Mars Rover landed, and Ted Cruz went to Cancun.

NASA's Perseverance rover. NASA/JPL-Caltech/Handout via Reuters What happened last week? Robinhood's CEO testified in a House committee. A winter storm cut off power to millions in Texas.  Senator Ted Cruz faced criticism for the timing of his family trip to Mexico.   Visit the Business section of Insider for more stories. What happened last week?NASA's Perseverance rover landed safely on Mars last week. Mission control hosted a live broadcast during the landing. The rover started beam...
Tags: Apple, Politics, Texas, Washington, Mexico, Trends, Nasa, House, Ted Cruz, Tim Cook, Reddit, Mars, Nissan, Hyundai, Robinhood, Cruz


Robinhood CEO says day traders on the platform have reaped $35 billion in gains

Vlad Tenev, co-founder and co-CEO of investing app Robinhood. Noam Galai/Stringer/Getty Images Robinhood CEO Vlad Tenev said the assets of his platform's users have collectively grown by more than $35 billion. Tenev was challenged on this point by lawmakers, who asked how that would compare if users invested their money differently.  The CEO on Thursday defended the platform he founded in 2013 from lawmakers in a five-hour congressional hearing. Sign up here for our daily newsletter, 10 Th...
Tags: Congress, Washington, Trends, Markets, Reddit, Goldman Sachs, Robinhood, Gamestop, Securities And Exchange Commission, Vlad Tenev, McHenry, Citadel, House Financial Services Committee, Jim Himes, Himes, Gabe Plotkin


Former SEC chair Jay Clayton says GameStop trading was not a pump-and-dump scheme and praises transparency from "Mr. Kitty"

GameStop millionaire Roaring Kitty Roaring Kitty Former SEC chair Jay Clayton told CNBC the GameStop trading frenzy was not a pump-and-dump scheme. Clayton said social media investors including "Roaring Kitty" were "very transparent about what they were doing." Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Former SEC chairman Jay Clayton told CNBC on Friday that trading activity during the GameStop market frenzy was not a "pump and dump scheme," and Thursday's hea...
Tags: Trends, Markets, SEC, Cnbc, Gamestop, Clayton, Kitty, Gill, House Financial Services Committee, Jay Clayton, Pump And Dump, Keith Gill, Emily Graffeo, GME stock price, Roaring Kitty, Gamestop Hearing


Billionaire investor Leon Cooperman blasts the Reddit-trader revolution as 'baloney' - and says Warren, Sanders, and AOC shouldn't be deciding the market rules

Leon Cooperman. Reuters/ Rick Wilking Billionaire Leon Cooperman said the idea of Reddit traders targeting the wealthy is "all baloney."The investor said market ethics have been weakening for a long time and the rules need to be followed."The last thing we need is Elizabeth Warren or Bernie Sanders or AOC getting involved in setting policy."Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Leon Cooperman blasted the idea that the Reddit-trader rebellion was a battle b...
Tags: Elizabeth Warren, America, Trends, Bloomberg, House Of Representatives, Reddit, Bernie Sanders, Gamestop, Aoc, Congressional, House Financial Services Committee, Leon Cooperman, Cooperman, Warren Sanders, Ocasio Cortez, Keith Gill


10 things you need to know before the opening bell

Xinhua/Wang Ying/Getty Images Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.Sign up for Insider Investing for your weekly markets analysis.1. US futures point higher after Thursday's sell-off. See what markets are doing today. 2. Janet Yellen pushes for $1.9 trillion stimulus after weak jobs numbers. Yellen said she isn't overly worried about inflation, but economic "scarring" is a bigger danger.3. Nine LBO modeling tests later, ev...
Tags: Elon Musk, Congress, US, Trends, Markets, Tesla, Janet Yellen, Goldman Sachs, KKR, Gamestop, Musk, Yellen, Danone, SPAC, Eric Rosengren, Lucid Motors


10 things in tech you need to know today

GameStop millionaire Keith Gill. Roaring Kitty Good morning! This is the tech news you need to know this Friday. Sign up here to get this email in your inbox every morning.Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your flash briefing settings.Exclusive: Australian publishers saw a 20% drop in traffic after Facebook's news ban. Media executives around the globe told Insider they were watching the developments in Australia closely as broader tension...
Tags: Google, Facebook, Congress, Australia, US, Trends, Nasa, House, Reddit, Mars, Scott Morrison, Gamestop, Steve Huffman, Trump, Citadel, Ken Griffin


GameStop stock frenzy leads to class action suit; key online investor Keith Gill among those sued for $5M-plus

The class action suit names investor Keith Gill for his alleged role in manipulating GameStop's share prices and seeks $5 million plus in damages.       [Author: The Enterprise]
Tags: News, Gamestop, The Enterprise, Keith Gill


Congress just grilled a group of CEOs over the GameStop stock price fiasco in a hearing filled with heated exchanges, insults, and lots of technical difficulties

Robinhood CEO Vlad Tenev. YouTube/US House of Representatives On Thursday afternoon, Congress held a hearing to address the GameStop stock fiasco.  The hearing featured the CEOs of Robinhood, Citadel, Reddit, and Melvin Capital.  Robinhood CEO Vlad Tenev was the hearing's main target, and it was plagued with technical issues. Visit the Business section of Insider for more stories. Just weeks after the GameStop stock bubble popped, the US House of Representatives Financial Services Committe...
Tags: Politics, Congress, US, Trends, House Of Representatives, Reddit, Robinhood, Gamestop, Steve Huffman, Vlad Tenev, Cato Institute, Citadel, Gill, Maxine Waters, Ken Griffin, Kearns


GameStop tumbles 11% to its lowest level in nearly a month amid Congressional hearing

John Minchillo/AP Shares of GameStop slipped as much as 11% on Thursday to their lowest level since January 21. On Thursday, the House Financial Services Committee held a hearing on January's episode, hearing testimonies from  the main players at the center of the GameStop drama. The stock price hit an intraday low around 3 pm ET as testimonies were still ongoing.   Sign up here for our daily newsletter, 10 Things Before the Opening Bell Shares of GameStop slipped as much as 11% on Thursd...
Tags: Congress, Trends, Markets, Reddit, Trading, Stock Market, Robinhood, Cnbc, Gamestop, Congressional, House Financial Services Committee, John Minchillo, Thomas Peterffy, Peterffy, Keith Gill, Isabelle Lee


US stocks dip as surprise jump in jobless claims sparks recovery concerns

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 18, 2020. Lucas Jackson/Reuters US stocks fell on Thursday after weekly jobless claims unexpectedly climbed to a four-week high.Initial filings for unemployment insurance rose to 861,000 last week, handily surpassing the economist estimate of 773,000.Bitcoin wavered around $52,000 after touching a record-high of $52,621.84 late Wednesday afternoon.Sign up here for our daily newsletter, 10 Things Before ...
Tags: Verizon, Facebook, New York, Microsoft, Congress, US, Trends, Markets, Walmart, Bloomberg, Reddit, Treasury, Berkshire Hathaway, Warren Buffett, Nasdaq, Chevron


Reddit's CEO says investment advice on the social network is 'among the best'

Reddit CEO Steve Huffman. Horacio Villalobos /Corbis/Getty Images At a Congressional hearing, Reddit CEO Steve Huffman touted the social network's investment advice community. The WallStreetBets community on Reddit faced regulatory scrutiny after the GameStop short squeeze. Posts on Reddit need to be upvoted by other members, Huffman explained, before they are widely visible.  Visit the Business section of Insider for more stories. Steve Huffman, CEO of the social media site Reddit, told l...
Tags: Politics, Congress, Trends, United States, New Jersey, Reddit, Gamestop, Steve Huffman, Congressional, Huffman, Josh Gottheimer, Tech Insider, House Committee on Financial Services, Keith Gill, Annabelle Williams, Roaring Kitty


GameStop trader 'Roaring Kitty' slipped a reference to the viral cat-lawyer meme into his Congressional testimony: 'I am not a cat'

GameStop millionaire u/DeepFuckingValue Roaring Kitty Keith Gill, better known as GameStop trader 'Roaring Kitty,' referenced the lawyer-cat meme in his testimony. Gill and other figures involved in the Robinhood and GameStop trading events testified before Congress on Thursday. Visit the Business section of Insider for more stories. Retail investor Keith Gill, better known as "Roaring Kitty" on YouTube, worked an inside internet joke into his opening remarks to Congress during a hearing t...
Tags: Texas, News, Congress, Massachusetts, Trends, Tech, Markets, Reddit, Robinhood, Gamestop, Meme, Times Square, Congressional, Gill, Rod Ponton, Tech Insider


Reddit trader Keith Gill told Congress he'd still buy GameStop stock at its current price

Aimee Dilger/SOPA Images/LightRocket via Getty Images Keith Gill, the notorious retail trader also known as "Roaring Kitty," told lawmakers on Thursday he still finds GameStop an attractive investment.When questioned in a House hearing, Gill said he would still buy shares at their current level, which is about $45. He added that his strategy is "rather aggressive."The investor added his position is "based on the fundamentals" and that he mostly didn't expect shares to hit their record high...
Tags: Congress, Trends, Markets, House, Reddit, Gamestop, Kitty, Gill, House Financial Services Committee, GME, Melvin Capital, Bill Huizenga, Keith Gill, Ben Winck, Gamestop Stock, Roaring Kitty


Gabe Plotkin, whose GameStop short bets led to a 53% January loss for his hedge fund, told Congress he's been short Tesla in the past

Melvin Capital founder Gabe Plotkin Alex Flynn/Getty Images/Bloomberg Gabe Plotkin's Melvin Capital hedge fund has been short shares of Tesla in the past, according to testimony given to Congress.Plotkin was asked by Congress if Tesla CEO Elon Musk's late January tweet about GameStop stock could have targeted him. "We have been short Tesla in the past," Plotkin told Congressman Steve Stivers on Thursday.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Gabe Plotkin to...
Tags: Elon Musk, Congress, Finance, Trends, Markets, Tesla, Reddit, Trading, Stock Market, Gamestop, Musk, Citadel, Ken Griffin, Tesla CEO Elon Musk, Stivers, Steve Stivers


Roaring Kitty — in jacket and tie, not headband — thrills fans watching House GameStop hearing

Keith Gill reaped a big profit after months of talking about GameStop on YouTube and Reddit. But he rejected suggestions that he played a key role in the stock frenzy.
Tags: Youtube, House, Reddit, Gamestop, Keith Gill, Roaring Kitty


Brockton native Keith Gill among those sued for $5M for role in GameStop stock frenzy

The class action suit names Keith Gill and his former employer, MassMutual Life Insurance Co. and MML Investors Services as defendants.
Tags: Gamestop, Brockton, Keith Gill, MassMutual Life Insurance Co, MML Investors Services


'Mr. Kitty' Goes Virtually to Washington Over GameStop Saga

The social media movement that made a beloved icon of GameStop enthusiast Keith Gill continued to rally behind the YouTube personality known as Roaring Kitty as he testified to Congress on Thursday about his role in last month’s stock frenzy.
Tags: Congress, Youtube, Washington, Gamestop, Kitty, Keith Gill, Kitty Goes Virtually


Key Quotes From the GameStop Testimonies: 'I'm Not a Cat'

(Reuters) - At a grilling by lawmakers over the frenzied trading in retailer GameStop, Keith Gill, a YouTube streamer known as Roaring Kitty, hedge...
Tags: Reuters, Keith Gill


Key Quotes From the GameStop Testimonies: 'I Am Not a Cat'

(Reuters) - At a grilling by lawmakers over the frenzied trading in retailer GameStop, Keith Gill, a YouTube streamer known as Roaring Kitty, hedge...
Tags: Reuters, Keith Gill


GameStop frenzy brought the market 'dangerously close' to collapse, says Interactive Brokers founder Thomas Petterffy

Queue in front of Gamestop store in Christmas atmosphere in Milan during coronavirus emergency, Milan, Italy, on November 03 2020. Mairo Cinquetti/NurPhoto/Getty Images Interactive Brokers founder Thomas Peterffy told CNBC that markets came "dangerously close" to collapsing during the Reddit-fueled GameStop frenzy last month. Peterffy blames the volatility unleashed on two factors: the volume of short interest in GameStop and the volume of options activity. His remarks came just before Thu...
Tags: Milan, Congress, Trends, Markets, Reddit, Trading, SEC, Stock Market, Robinhood, Cnbc, Gamestop, Milan Italy, House Financial Services Committee, AMC Entertainment, Thomas Peterffy, Interactive Brokers


GameStop Rallies After 'Roaring Kitty' Gives Testimony

(Reuters) - Shares of GameStop reversed losses to trade 4% higher on Thursday after Keith Gill, who helped drive a recent surge in the videogame...
Tags: Gamestop, Reuters, Keith Gill, GameStop Rallies After Roaring Kitty


GameStop Stock Rallies After 'Roaring Kitty' Testifies to Congress

By Noel Randewich(Reuters) - Shares of GameStop briefly reversed losses to trade as much as 4% higher on Thursday after Keith Gill, who helped...
Tags: Congress, Keith Gill, GameStop Stock Rallies After Roaring Kitty, Noel Randewich Reuters Shares of GameStop