The first sign of trouble for hedge fund wunderkind Gabe Plotkin came in late October: A poster on Reddit’s popular wallstreetbets forum was taking aim at his wildly successful investment firm. “GME ...
When Reddit traders locked onto GameStop in 2021, Wall Street didn’t just get surprised, it got slapped. A dying mall-stock suddenly turned into the main character, as hedge funds shorting it were ...
(Bloomberg) -- The dust may be settling on the Reddit madness, but the sudden rise of this disruptive cohort is causing some stock-options traders to ask: What if the retail army decide to do it all ...
GameStop stock is skyrocketing after the return of Roaring Kitty to Twitter on Sunday. Analysts have since flagged unusual activity in short-dated GME options last week. GameStop's fundamentals remain ...
Shares of Centene Corporation (NYSE: CNC) have climbed 6.2% from their November 10 low of $34.25. Today, shares closed at $36.38. The move coincides with sustained bullish sentiment from retail ...
The enthusiasm is visible across subreddits. On r/wallstreetbets, user ponnewslo posted about buying $70 call options just before a recent surge, writing: "I bought ASTS 70c in the last 1.5 hours ...
The chatter on Reddit forums could soon be used to power hedge funds’ trading strategies, thanks to a partnership between the social-media company and the parent of the New York Stock Exchange.
Nvidia’s retail sentiment score dropped from 64 to 53 in 12 hours despite Q3 revenue hitting $57B (up 62.5% YoY). Trump’s H200 export approval requires 25% of China sales paid to the US government and ...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version ...
Centene (CNC) shares rose 6.2% from their November 10 low as retail traders on Reddit bought the dip while Wall Street analysts stayed cautious. Centene trades at 0.106 times sales despite 22% revenue ...
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Reddit traders cool on NVDA stock after CEO Huang warns of China’s AI infrastructure advantage
Shares of Nvidia (NASDAQ:NVDA) slipped .5% today, coinciding with a noticeable shift in retail investor sentiment on platforms like Reddit and X from bullish to almost perfectly neutral. The company's ...
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