Elliott Management Corp, a hedge fund known for its high-profile shareholder-activist campaign, wants to join the Ceasing SPAC Craze. The firm, founded by billionaire Paul Singer, is meeting with bankers about raising …
Read More »Netflix to Produce Projects about MGM Race Gameplate Saga
LOS ANGELES – The ending has not been written yet, but the Hollywood Gamestop investment is quickly moving to bring the story of the saga to screen. Netflix Inc. NFLX, separate projects …
Read More »Carson Block says, “We are at this point where the stock markets are just sultry”.
Carson Block feels the investment sentiment is reaching a very lucrative level – and could eventually fracture a market he considers fragile. The founder of San Francisco-based Muddy Waters, which shortened its …
Read More »Melvin Capital lost 53% in January, Gametop and other bets hurt
Melvin Capital Management, a hedge fund that has recently taken the brunt of losses from soaring stock prices, lost 53% in January, according to people familiar with the firm. Melvin was founded …
Read More »Gametop ETF? There are 63 funds that offer exposure to stock investors – but Caveat Emptor
GameStop Corp. As the frenzied price action in stocks led to a number of retail brokerages over the past few days, a flurry of restrictions on trading activity was imposed. But there …
Read More »Amid the Gametop-led frenzy, Jefferies says there is ‘a lot of air’ to come out of a risky property. Another strategist says wait for Dip to buy
The market is implicated in a fighting chair as another day of retail-led feeding frenzy over short-stocks is about to come online. If you thought the trading frenzy was a limited battle …
Read More »Apollo CEO Leon Black stepped down after reviewing Jeffrey Epstein relationship
Leon Black planned to step down as chief executive of Apollo Global Management Inc., after an independent review expected big payouts to the notorious financier Jeffrey Epstein that it was still considered …
Read More »$ 2.75 billion investment in Melvin Capital Management from Citadel, Point 72
Citadel Fund LLC and Point 72 Asset Management are investing $ 2.75 billion in Citadel Fund Alvin Capital Management, which has been hit hard by a series of small bets to start …
Read More »China’s love of Tickcock-style apps is a $ 5 billion IPO
Seeking to raise nearly $ 5 billion from Hong Kong stock sales as a short-video and live-streaming app in terms of popularity in China, Kuishau Technology has its eyes on the world’s …
Read More »When the bull market breaks down, ‘there is a possibility of a hard break’, warning long-term bears that suggests investors are putting too much confidence in the vaccine
“ ‘I believe in the Austrian School of Economics which says that the magnitude of the decline is proportional to the excesses that occurred during the pre-boom. I was in 1998, 1999 …
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