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GameStop stock tanks 24% as weak earnings trump Roaring Kitty's planned livestream

GameStop reversed its nearly 40% rise in premarket trading on Friday as earnings disappointment off…

Theron Mohamed   


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SoFi overtakes GameStop as WallStreetBets' most talked about stock after getting the go-ahead to launch a bank

The fintech company's shares are soaring after it cleared the final regulatory hurdle to become a b…

Adam Morgan McCarthy   


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Chamath Palihapitiya says WallStreetBets traders can do the same fundamental analysis as hedge fund managers who 'don't have an edge'

Palihapitiya told CNBC the 2.7 million users on WallStreetBets are as important to the market as an…

Emily Graffeo   


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1 min read

Chamath Palihapitiya says he spent $1.6 million of bitcoin on some land in 2014. Those coins would be worth more than $120 million today.

Chamath Palihapitiya shared some "loss porn" with his followers on Tuesday, expressing regret at us…

Harry Robertson   


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Will Daniel   


Will Daniel   


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Billionaire investor Chamath Palihapitiya says he closed his GameStop position after the stock's latest surge

Palihapitya said the trade was a learning experience, as he gained a front row seat to the thought …

Matthew Fox   


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Matthew Fox   


Theron Mohamed   


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GameStop short-sellers have lost $5 billion this year as Reddit's day-trader army squeezed their bearish bets

GameStop short-sellers lost $867 million on Tuesday alone as shares of the electronics retailer soa…

Will Daniel   


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Robinhood CEO says his company could have communicated trading restrictions on GameStop and AMC 'a little better'

Ahead of an expected House Committee appearance, Robinhood's Vladimir Tenev said his company could …

Kevin Shalvey   


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Billionaire investor Chamath Palihapitiya says GameStop's rally is no different than how Wall Street missed out on Tesla's surge

"If it doesn't fit into the mold that Wall Street wants, they try to organize against it," Palihapi…

Tim Levin   


Mary Meisenzahl   


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Billionaire investor Chamath Palihapitiya says the Fed warped markets with easy money - and a US recession is looming

The so-called SPAC King said near-zero interest rates were to blame for manic speculation and wides…

Theron Mohamed   


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SoFi soars after it get approval to become a bank – but the green light comes with the condition that it can't do any business in crypto

The regulatory approval came with a caveat: SoFi cannot engage in any activity related to crypto un…

Isabelle Lee   


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Natasha Dailey   


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Clover Health jumps 20% as Redditors cheer company's acknowledgement that the stock is the target of a short squeeze

The company acknowledged it may be the target of a short squeeze and warned traders of potential lo…

Natasha Dailey   


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New meme stocks Clean Energy Fuels and ContextLogic rally as AMC fever fades

Clean Energy Fuels and ContextLogic jumped more than 30% in early trading, while Wendy's stock pull…

Natasha Dailey   


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Chamath Palihapitiya's Clover Health gains as much as 80% as WallStreetBets fuels the meme-stock rally

'SPAC King' Chamath Palihapitiya's Clover Health is currently the most heavily discussed stock amon…

Sophie Kiderlin   


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Virgin Galactic soars 20% after a successful test flight of its VSS Unity spaceship

Traders on Wall Street Bets cheered the test flight, saying the stock could "go to the moon" follow…

Natasha Dailey