Page 2 - Reddit Traders News Today

NYSE president Stacey Cunningham told Axios in a recent interview that investing in the stock market does not resemble gambling. "The markets are not a casino," she told Axios Dan Primack. "They are highly regulated and theyre highly overseen. We are running a market that provides opportunities for investors to come in, invest in the companies they believe in, they believe that are gonna grow, and then share in that wealth creation." Senator Elizabeth Warren last month slammed hedge funds an...

Andadolu Agency/Getty Images Reddit day traders tried to beat Wall Street at its own game to prove the system is rigged. Instead, brokerages locked them out and their holdings tanked, while some hedge funds still won big. Experts said Wall Streets reaction showed just how high the deck was stacked against small investors. Keith Gill, the day-trading member of the Reddit group Wall Street Bets who is widely credited with igniting the recent GameStop trading frenzy, claime...

Some protesters vandalized Robinhoods headquarters in Menlo Park, California, according to police. Robinhood security said people threw dog feces and harassed

Federal regulators and prosecutors are probing the GameStop trading phenomenon, The Wall Street Journal reported. Authorities are investigating whether the

» A quant fund is looking to hire high-ranking Wall Street Bets members as traders - and says a refined taste for memes will help candidates A quant fund is looking to hire high-ranking Wall Street Bets members as traders - and says a refined taste for memes will help candidates Isabelle LeeFeb 10, 2021, 00:56 IST REUTERS/Dado Ruvic/Illustration/File Photo Cindicator Capital is currently looking for a sentiment trader to join their New York-based company, Bloomberg first reported. A crucial re...

VanEck is betting on the long-term value of social media chatter about stocks, the Financial Times reports. The Buzz NextGen AI US Sentiment Leaders Index

BioCryst surges 30% to a 5-year high as Redditors declare BioWar against short-sellers Isabelle LeeFeb 2, 2021, 03:53 IST Reuters / Brendan McDermid Reddit investors. The stock closed 39% higher after surging as much as 41% in intraday trading. The move followed a post on the r/WallStreetBets subreddit that called the company "the most undervalued stock in the market." BioCryst Pharmaceuticals surged 39% to a five-year high on Monday as Reddit investors declared a "BioWar" against short-seller...

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Jordan Belfort thinks it's "gratifying" to see hedge funds losing billions of dollars, he told Sky News.

Jordan Belfort thinks its "gratifying" to see hedge funds losing billions of dollars. But The Wolf of Wall Street told Sky News that he believes GameStop