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Wall Street

‘Roaring Kitty’ post seems to show trader held onto giant GameStop stake after Monday’s rally

by Ron Morgan
‘Roaring Kitty’ post seems to show trader held onto giant GameStop stake after Monday’s rally

Keith Gill, known on Reddit under the pseudonym DeepF——-Value and as Roaring Kitty, is seen on a fragment of a youtube video displayed on a smartphone screen in front of …

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GameStop jumps as ‘Roaring Kitty’ trader posts giant $116 million stock position

by Walter Watson
GameStop jumps as ‘Roaring Kitty’ trader posts giant 6 million stock position

Meme stock GameStop is rallying again on speculation Keith Gill, the man who inspired 2021’s epic short squeeze, could currently have a huge position in the video game retailer. Gill, who …

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Italy braces for record wave of tourists, but is having trouble handling them

by Walter Watson
Italy braces for record wave of tourists, but is having trouble handling them

Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Venice collected €37 million in overnight tourist taxes in 2023, with hotels charging guests anywhere between €1 and …

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Major cryptocurrency shift due to SEC Ethereum ETF ruling: VanEck CEO

by Walter Watson
Major cryptocurrency shift due to SEC Ethereum ETF ruling: VanEck CEO

VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for …

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Stock splits are all the rage with Nvidia the latest — how to know which will pay off

by Walter Watson
Stock splits are all the rage with Nvidia the latest — how to know which will pay off

Stock splits have picked up in recent months. While stock splits don’t affect a company’s value, they can catalyze a move higher or lower, according to Wolfe Research. With this …

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How East West Bancorp has gained an edge by serving the Asian American community

by Ron Morgan
How East West Bancorp has gained an edge by serving the Asian American community

Despite the heightened scrutiny around regional banks, little-known East West Bancorp has been able to pull ahead thanks to a key customer base: Asian Americans. East West Bancorp shares have …

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Ackman selling stake in Pershing Square at $10.5 billion valuation, aiming for IPO

by Walter Watson
Ackman selling stake in Pershing Square at .5 billion valuation, aiming for IPO

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman is …

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Market crash indicator with spotty track record ‘Hindenburg Omen’ triggered last week

by Walter Watson
Market crash indicator with spotty track record ‘Hindenburg Omen’ triggered last week

Not all may be well on Wall Street, even with the stock market at all-time highs. The ominous “Hindenburg Omen” was triggered last week, StockCharts.com chief market technician David Keller …

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Opinion | Why a second Trump term is a risk investors can’t afford to ignore

by Anas Siddiqui
Opinion | Why a second Trump term is a risk investors can’t afford to ignore

If this year’s US presidential election were held today, former president Donald Trump would probably win. While much can happen between now and November 5, things are not looking good …

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Ark Invest’s Cathie Wood says lower prices and rates will ‘activate coiled equities’

by Walter Watson
Ark Invest’s Cathie Wood says lower prices and rates will ‘activate coiled equities’

Ark Invest CEO Cathie Wood believes stocks are ready to spring upward with easing price pressures and lower interest rates on the horizon. “In the fourth quarter, as the Fed’s dot …

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