Sunday, November 24, 2024

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Stock Market

Roaring Kitty’s GameStop position worth over $386 million as of Monday morning

After three years of Reddit silence, the investor known as Roaring Kitty revealed on Sunday evening that he was holding a massive GameStop...

Oil prices fall after OPEC+ plans to begin phasing out voluntary cuts in fourth quarter

Oil futures headed lower on Monday as traders assessed a decision by the OPEC+ to extend cuts by the group into 2025 but...

Hedge funds should stop charging fees for ‘skill-less’ returns, top investors say

Hedge funds are collecting ‘significant’ fees on returns that would be ‘easily obtainable’ for free in the current higher interest rate environment Source link...

Best Buy gets double-upgrade at Citi on expectations of sales growth

Analysts at Citi gave electronics retailer Best Buy a rare double-upgrade on Monday, boosting their assessment in anticipation that same-store sales will start...

These alternative ETFs are costly options for your money — in more ways than one

Above-average management fees and overvalued investments are a toxic mix. Source link

The S&P 500 can hit 6,500 next year if these two factors work together, says this economist

IF AI works with Treasurys then the bull market can pick up steam in the next year and a half Source link

Treasury yields mostly steady ahead of big data week

Bond yields were holding mostly steady on Monday, as investors looked ahead to a busy week of data that will finish with May...

Indian stocks rally to a record as exit polls show Modi and BJP party headed to third term

Stocks hit a record in India as exit polls show a general election win for Prime Minister Narendra Modi’s Bharatiya Janata Party. Source link...

GSK shares tumble by most in two years after Zantac ruling

GSK shares dropped by the most in nearly two years after a ruling by the Delaware State Court that will allow jury trials...

Roaring Kitty post appears to show a big stake in GameStop

Meme-stock influencer posts screenshot apparently showing a $116 million stake, plus a bunch of call options. Source link

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