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

Tenev was challenged by lawmakers, who asked how returns would compare if users had invested their …

Isabelle Lee   


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4 mins read

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

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

Joe Ciolli   


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Citadel's Ken Griffin and Robinhood's Vlad Tenev call for stock trades to be settled faster as GameStop hearings begin

Citadel's Ken Griffin and Robinhood's Vlad Tenev are among a handful of executives to be called to …

Harry Robertson   


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1 min read

These were the top 15 highest-earning hedge funders in 2020

Gabe Plotkin of Melvin Capital, which lost 53% in January after it was caught on the wrong side of …

Matthew Fox   


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Steve Cohen's Point72 raises $1.5 billion after supporting Melvin Capital during the GameStop saga, report says

Point72 has raised $1.5 billion as it searches for new opportunities, a report said. It lost money …

Harry Robertson   


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Billionaire Leon Cooperman says GameStop surge will 'end very badly for the public' and decries people 'attacking' the rich

Leon Cooperman defended short-sellers and decried attacks on the wealthy as he said the GameStop su…

Harry Robertson   


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GameStop explodes another 157% higher after Elon Musk's 'Gamestonk' tweet extends Reddit-driven short squeeze

The Tesla founder posted a link to the popular subreddit WallStreetBets, members of which have pile…

Shalini Nagarajan   


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Michael Jordan is selling the Charlotte Hornets and he stands to make billions

The athlete-billionaire stands to get even richer by selling his stake in the NBA team, which cost …

Ryan Hogg   


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'Dumb Money,' the movie based on the 2021 GameStop trading frenzy, comes up short

"Dumb Money," starring Paul Dano, Nick Offerman, and Seth Rogen, depicts the Reddit-fueled 2021 tra…

Dan DeFrancesco   


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4 mins read

Recasting the upcoming GameStop movie: Here's who should play Ken Griffin, Steve Cohen, and the rest of the gang

Hollywood is heading back to Wall Street with a movie about the GameStop trading frenzy, but the ca…

Dan DeFrancesco   


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3 mins read

Melvin Capital takes a hit - Big hiring plans at Marcus - Goldman's busy 3 months

The top finance stories for April 12, including the latest news on the difficult March Gabe Plotkin…

Dan DeFrancesco,Jordan Parker…   


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Dozens of short-sellers have reportedly been caught up in a sweeping DOJ probe into potential abuses

The Securities and Exchange Commission also has sent some information requests to short-sellers, Bl…

Carla Mozée   


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Ken Griffin goes to Washington - Meet ARK Invest's Cathie Wood - Most powerful people at Goldman Sachs

The top finance stories for February 18, including the latest news on ARK Invest founder Cathie Woo…

Dan DeFrancesco   


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Cathie Wood says meme stocks like GameStop aren't Ark Invest's thing — but she won't criticize retail traders for going after them

Wood won't criticize retail investors for buying meme stocks like GameStop and AMC because "we're a…

Shalini Nagarajan   


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3 mins read

A year after GameStop, Wall Street is still scared of the power of retail traders — and is tracking them closely

"When the GameStop rally occurred, and hedge funds lost $20 billion, I think it switched the light …

Harry Robertson   


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One of this year's top hedge funds has been $7 billion Melvin Capital run by a former top money-maker for Steve Cohen

Filings show that Plotkin's top holding is Netflix, and he also large positions in Nevada-based res…

Bradley Saacks   


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GameStop short-seller Melvin Capital lost 53% this month after the Reddit-fueled frenzy sent shares soaring

The fund started the year with $12.5 billion, and ended the month with more than $8 billion in asse…

Allana Akhtar   


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Insider finance: Steve Cohen's web of hedge funds

The top finance stories for May 4, including the latest news on the more than 80 hedge funds with t…

Dan DeFrancesco,Jordan Parker…   


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4 mins read

Goldman M&A frenzy - CLO power players - Square and PayPal duke it out

The top finance stories for Aug. 5, including the latest on the M&A frenzy and Square and PayPal's …

Jordan Parker Erb   


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3 mins read

How hedge funds track Reddit YOLOs - Leon Black paid Epstein to move his yacht - Fintech Dave nabs Apple Card exec

The top finance stories for January 27, including the latest news on how hedge funds are scraping w…

Dan DeFrancesco