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1 min read

The massive gains for freshly-minted meme stock Avis are throwing off a 100-year-old indicator that's historically predicted big market moves

Avis has surged more than 600% this year thanks to retail-trader hype and a tweet from Tesla's Elon…

Natasha Dailey   


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The Mormon Church's secretive $100 billion fund cashed out its GameStop profits - and trimmed its Tesla bet by 13%

Ensign Peak Advisors sold its 46,000 GameStop shares for as much as $14 million, and cut its Tesla …

Theron Mohamed   


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2 mins read

Retail traders are mirroring investments by Nancy Pelosi's husband, whose stock picks have been strong performers over the last 2 years

Paul Pelosi's investments in stocks such as Google parent Alphabet have gained 20% to 30%, said Chr…

Natasha Dailey   


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Jim Simons' RenTech fund halved its Tesla stake last quarter - and dumped meme stocks GameStop and AMC

The legendary quant fund cut its exposure to Elon Musk and meme stocks, and bet big on Warren Buffe…

Theron Mohamed   


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Elon Musk riffed on Oppenheimer's iconic quote to declare a meme war on Tesla short sellers. They still won't give up, he says.

"I am become meme, Destroyer of shorts," Musk proclaimed in early 2021. "And they keep coming back …

Theron Mohamed   


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Alaska has scored a 900% gain on GameStop this year - and boosted its bet on the meme stock last quarter

The state's GameStop position ballooned in value from $802,000 to $8.2 million in the first half of…

Theron Mohamed   


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3 mins read

Tesla stock is having a dominant start to 2023 and retail investors are loving it

Insider's Phil Rosen breaks down the blistering rally in shares of Elon Musk's EV maker to start 20…

Phil Rosen   


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GameStop jumps as the meme-stock favorite announces a 4-for-1 stock split

In March, the company indicated plans to split its stock, suggesting the move would afford "flexibi…

Phil Rosen   


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ContextLogic jumps 22% as Redditors highlight it as a meme-stock play for the week

The WISH ticker has surged in interest on Reddit investing threads as traders target a $14-$16 shar…

Natasha Dailey   


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5 mins read

How AMC CEO Adam Aron embraced the company's meme status and helped send its stock to unfathomable heights

Through Twitter, YouTube, press releases, and even investor calls, Aron has reached out to the army…

Natasha Dailey   


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2 mins read

'Big Short' investor Michael Burry questions Elon Musk's space ambitions and pokes fun at GameStop's stock split

Burry suggested Musk's hubris could be his undoing, and joked that GameStop should enact a 40-for-1…

Theron Mohamed   


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1 min read

Retail traders have now lost all the money they gained during the pandemic, according to Morgan Stanley

Amateur investors are back to where they were in January 2020 after a brutal sell-off in stocks, ac…

Harry Robertson   


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'Big Short' investor Michael Burry warns inflation will soar even higher — and flags mounting pressure on the housing market

Burry twisted the rallying cry of meme-stock and cryptocurrency fans to issue a grim inflation warn…

Theron Mohamed   


Theron Mohamed   


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GameStop shares soar 10% after the Reddit darling said it plans a stock split for the first time in 15 years

Video game retailer GameStop said it will ask for shareholder approval to increase share count to p…

Shalini Nagarajan   


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1 min read

Robinhood will launch 24-hour trading to let customers buy and sell Tesla, Apple, and other popular stocks around the clock

Robinhood this month will begin to offer trading in 43 stocks and ETFs from Sunday through Friday.

Carla Mozée   


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3 mins read

Theron Mohamed   


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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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'Big Short' investor Michael Burry warns even the best growth stocks can crash — and the Fed might not intervene

Burry gave the example of Amazon stock, which plunged more than 90% after the dot-com bubble burst,…

Theron Mohamed   


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Ray Dalio's Bridgewater fund sold its Tesla stake last quarter — and placed new bets on GameStop and AMC

Dalio's hedge fund exited its position in Elon Musk's clean-energy company, and made fresh investme…

Theron Mohamed