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Business Insider Latest Story Image
2 mins read

GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile

GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…

Matthew Fox   


Business Insider Latest Story Image
2 mins read

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   


Business Insider Latest Story Image
3 mins read

These retail traders lost big in the first meme stock episode. Here's why they won't stop betting on GameStop.

Retail traders who lost money in the first GameStop saga say that they're still tempted to jump bac…

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake

Renaissance Technologies, founded by the late Jim Simons, cuts its Tesla and Nvidia stakes while ra…

Theron Mohamed   


Business Insider Latest Story Image
4 mins read

Inside Roaring Kitty's 3 insane weeks of hyperactive social media posting that sparked a feeding frenzy for GameStop stocks

Keith Gill, better known as Roaring Kitty, reignited the craze for GameStop shares after he started…

Kwan Wei Kevin Tan   


Business Insider Latest Story Image
1 min read

Meme stocks extend short-squeeze rally to massive 100%+ gains with GameStop and AMC leading the way

"All this feels like an echo of early 2021, when this account helped fuel a vicious short squeeze i…

Matthew Fox   


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1 min read

Famed short seller Andrew Left is back shorting GameStop years after taking a hit during meme-stock mania

The famed short-seller told Bloomberg he shorted the stock after he saw retail hero Keith Gill's la…

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

The meme-stock rally is dead as reality sets in amid GameStop's warning on revenue and plan to sell 45 million shares

GameStop shares on Friday were back to levels they were trading at last week, having erased nearly …

Matthew Fox   


Business Insider Latest Story Image
2 mins read

GameStop's meme-stock run makes no sense and GameStop may turn it into a $3 billion windfall

GameStop is a troubled company that may be $3 billion richer very soon. It makes no sense and plent…

Peter Kafka   


Business Insider Latest Story Image
5 mins read

Intel is having a meme-stock moment. 4 retail investors explain why they're betting on the chipmaker.

Members of Reddit's WallStreetBets are exchanging Intel memes and say they've taken stakes in the c…

Theron Mohamed   


Business Insider Latest Story Image
1 min read

GameStop soars 50% after Roaring Kitty schedules a YouTube live session for this week

The upcoming livestream is titled "Roaring Kitty Live Stream - June 7, 2024" and already has 12,500…

Matthew Fox   


Business Insider Latest Story Image
1 min read

Roaring Kitty becomes the 4th largest GameStop shareholder after nearly doubling his position to 9 million shares

With Gill owning nine million shares, he stands to earn or lose $90,000 for every penny move in Gam…

Matthew Fox   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
1 min read

Keith Gill scored a one-day gain of $79 million after disclosing his GameStop stake on Reddit

Gill's GameStop call options expire on June 21 and give him the option to acquire 12 million shares…

Matthew Fox   


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2 mins read

Stock market today: US stocks climb as wholesale inflation data shows big cooldown in prices

The producer price index notched its biggest decline since October, boosting hopes that the Fed has…

Filip De Mott   


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2 mins read

Stock market today: US stocks rise ahead of big week for economic data

"Bad news has been good news for equities over the past two months, but if growth deteriorates too …

Matthew Fox   


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2 mins read

Stock market today: US stocks end the week higher after cool inflation, Apple AI hype

The Nasdaq 100 closed at a record high every day this week amid continued investor excitement towar…

Matthew Fox   


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2 mins read

Stock market today: US stocks trade mixed ahead of key May jobs report

GameStop spiked after more activity from Keith Gill's social media accounts. Traders will parse non…

Max Adams   


Business Insider Latest Story Image
1 min read

Roaring Kitty is back on social media and meme stock GameStop is soaring

Keith Gill just posted on X for the first time in nearly three years, sending meme stock GameStop s…

George Glover   


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1 min read

Stock market today: US stocks drop, bond yields jump after strong jobs report

"Even though the unemployment rate rose, the big picture is that it's hard to see the consumer as b…

Matthew Fox