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You Searched For "Michael Pachter" and got 20 results


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3 mins read

Ben Gilbert   


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3 mins read

GameStop nearly died in 2019. Now hedge funds are scrambling to deal with the company's exploding stock. Here's what's going on.

The largest video-game retailer, GameStop, has gone from barely hanging on to wildly valuable - and…

Ben Gilbert   


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5 mins read

Why 'Big Short' investor Michael Burry is going long on GameStop, the video game retail titan that's been crashing all year

Indeed, this is a confirmable fact: Both Sony and Microsoft have said that their respective next-ge…

Ben Gilbert   


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5 mins read

DirecTV is on the warpath against Disney in a battle it says is existential for cable TV

DirecTV's Rob Thun previewed his strategy ahead of a battle with Disney about the future of the pay…

James Faris   


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2 mins read

GameStop could make more money than it has in recent quarters by just sitting on its $4 billion cash pile

GameStop's $4 billion cash pile could generate upwards of $200 million in annual interest based on …

Matthew Fox   


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6 mins read

Why companies keep betting and losing — on Harry and Meghan

From American Riviera Orchard to new Netflix shows, Harry and Meghan are trying to be media and bus…

Emily Stewart   


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2 mins read

GameStop CEO Ryan Cohen is now free to invest the retailer's cash in stocks, Warren Buffett-style

Like Warren Buffett, Ryan Cohen can now pick stocks for GameStop to buy. Wedbush's Michael Pachter …

Theron Mohamed   


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2 mins read

GameStop plunges 22% after company fires its CEO and names meme-stock activist Ryan Cohen as executive chairman

"We remain convinced that GameStop is doomed," Wedbush said, arguing that its abrupt firing of its …

Matthew Fox   


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4 mins read

What the Hollywood writers' strike could mean for your favorite TV shows, from 'Abbot Elementary' to 'Saturday Night Live'

As members of the Writers Guild of America plan to hit the picket lines Tuesday, popular Hollywood …

Sindhu Sundar,Lucia Moses   


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2 mins read

Sam Bankman-Fried had to be 'awakened' by a court official after closing his eyes during his extradition hearing, report says

Sam Bankman-Fried was in court in the Bahamas on Monday, where he was expected to agree to extradit…

Grace Dean,Beatrice Nolan   


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2 mins read

More than $3.2 trillion has been wiped off tech giants' value this year as inflation soars and recession looms

Silicon Valley's biggest beasts including Meta, Amazon, and Google had billions wiped off their val…

Ryan Hogg   


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1 min read

Roku's stock could leap 48% in 2021 as its streaming platform continues to eat up market share and advertising dollars, Wedbush says

Wedbush reiterated its outperform rating and price target of $475 after Roku crushed first quarter …

Emily Graffeo   


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3 mins read

Here's how short-selling works, and how Reddit's day-trader army spoiled the strategy for GameStop bears

Short-sellers have taken a hit now that GameStop shares have topped $330, in what analysts have dub…

Natasha Dailey   


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1 min read

Cathie Wood's Ark ETFs bought over 3 million shares of Skillz the day it reported earnings. Now the stock is down 10% after shaky results.

Two of Cathie Wood's ARK ETFs bought a combined 3,071,654 shares of Skillz on Tuesday-the stock dro…

Will Daniel   


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1 min read

AMC soars 15% as Reddit stocks and reopening favorites buck tech sell-off

Shares of the movie theater operator were helped by Wedbush analyst Michael Pachter, who doubled hi…

Isabelle Lee   


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3 mins read

Netflix's big gaming plans aren't really about creating video games, according to a Netflix job listing

Netflix reportedly wants to have games on its service as soon as next year, but you shouldn't expec…

Ben Gilbert   


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4 mins read

Netflix apparently wants to break into the video game business. Experts say that's a bad idea.

From Amazon to Google to Disney, major tech and entertainment companies have tried - and failed - t…

Ben Gilbert   


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4 mins read

How to spot short squeezes, plus 27 must-read crypto books

The definitive collection of the best investing stories Business Insider published during the week …

Joe Ciolli   


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2 mins read

Cathie Wood's flagship fund has dumped almost all of its Nintendo stake ahead of a likely lackluster Switch console update

Wood began shedding her Nintendo stake in July, around the time the game console maker said it had …

Shalini Nagarajan   


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3 mins read

Amazon has a special business that investors 'don't understand,' and it's more important to the company than AWS

Amazon charges a commission on such sales and also charges extra fees if it handles the third parti…

Troy Wolverton  Â