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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
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
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
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
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
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
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
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
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
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
'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
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
'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
George Soros, Steve Cohen, and Jim Simons' funds piled into Tesla and other trendy names last quarter, while Jim Chanos took aim at meme stocks. Here's a roundup of 5 key trades.
George Soros, Steve Cohen, and Jim Simons' funds bought shares of Elon Musk's automaker in the thre…
Theron Mohamed
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
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
Short seller Jim Chanos has mocked meme-stock buyers, dismissed crypto, and warned the current market boom dwarfs the dot-com bubble. Here are 14 of his best tweets.
The Kynikos Associates boss has taken aim at Tesla CEO Elon Musk, and compared Warren Buffett's bus…
Theron Mohamed
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
'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
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…