Keith Gill — a.k.a. Roaring Kitty — got slapped with a lawsuit alleging a pump-and-dump scheme involving his GameStop shares.
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Since 2008, funds with a short bias have seen assets decrease to $4.6 billion from around $7.8 billion.
The market appeared yawn-inducing at the broad index level, but there was a flurry of activity under the hood.
Investors are getting activated after a long weekend, but they were still able to push the tech-heavy index to a new peak.
A rare social media appearance by a well-known daytrader boosted GameStop and other stocks that gained popularity during the 2021 craze.
Industry groups representing a coalition of hedge funds havefiled a lawsuit seeking to challenge short selling rules implemented by the SEC.
Where should businesses draw the line with large language model utilization?
Advertising big wigs say they may flee Meta platforms if their brands appear next to toxic content. But where else would they go?
Some 8,000 industry movers and shakers are expected today for the annual JPMorgan Healthcare Conference, or simply JPM.