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'Roaring Kitty' Stands to Rake in Millions on His GameStop Options Bet Friday – NBC Connecticut

By Yun Li, CNBC • Updated 2 hours ago Dado Ruvic | Reuters The call options that Keith Gill bought at the beginning of 2021 are set to expire on Friday. The bet is estimated to generate a gain north of $7 million. Gill — who goes by DeepF------Value on Reddit and Roaring Kitty on YouTube — is the man who helped inspire the epic GameStop short squeeze. Gill has also been holding 100,000 shares of GameStop, which he bought at around $27 a share. It could be a big pay day for Kei...
United States Jenna Owens Keith Gill Ryan Cohen Roaring Kitty Massachusetts Mutual Life

Hedge Fund Manager and TikTok Sensation Reveals Top Investing Advice

Alpesh Patel OBE is the founder of the hedge fund Praefinium Partners. He uses TikTok to break down financial markets for retail investors. Patel reveals his top-three tips and explains why his bets on Ripple and ethereum are FOMO trades. If youve ever been down the rabbit hole that is financial TikTok — commonly known as #fintok — you might recognize Alpesh Patel OBE, or his handle @greatinvestments. Patel, a former barrister and founder of the hedge fund Praefinium Partners, has taken to ...
United Kingdom Kalpesh Patel Praefinium Partners Roaring Kitty Financial Times Goldman Sachs Asset Management

Market Extra: Reddit trading guru Keith Gill looks to have made over $25 million on his GameStop bet

Home / Market News / Market Extra: Reddit trading guru Keith Gill looks to have made over $25 million on his GameStop bet Market Extra: Reddit trading guru Keith Gill looks to have made over $25 million on his GameStop bet The man known as Roaring Kitty on social media posted a screenshot of his portfolio to Reddit that shows a massive position and a 938% return. Latest posts by Market Watch (see all) Market Summary Retirement Intelligence Risk Disclaimer - By using this web site you agree to i...
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01Apr2021 Market Close: Stocks, Bonds, Bullion, and Black Gold Bid As Q2 Starts With SP 500 Closeing Above 4,019 For First Time, DOW Closes Up 172 Points, Nasdaq Up Sharply +1.8%

March 2021 ISM and Markit Manufacturing surveys improve (SPY +1.1%). U.S. stocks close sharply higher to cap holiday-shortened week. The Market in Perspective Here are the headlines moving the markets. Saudi Aramcos Falling Profits Put Vision 2030 In Jeopardy Saudi Aramcos profits fell by nearly 50% in 2020 as the pandemic battered oil markets and an oil price war between Russia and Saudi Arabia sent oil prices to record lows. Not even the worlds largest oil company could escape the devastat...
New York United States France General Paradise Valley Mall Saudi Arabia Steven Hansen

The Fed Meets Against a Revamped Economic Backdrop: Live Updates

Stocks Rebound After Fed Signals Interest Rates Will Remain Low Last Updated This briefing has ended. Follow our latest coverage of -0:00 Federal Reserve Will Keep Rates Near Zero The Federal Reserve Chair, Jerome H. Powell, said on Wednesday that he expects the economy to continue improving this year but plans to keep interest rates near zero until employment increases. Today, the FOMC kept interest rates near zero and maintained our sizable asset purchases. These measures, along with our str...
United States United Kingdom Michelle Meyer Michael Piwowar Jeromeh Powell Tara Siegel Bernard

Redditors are pumping money into their newest cause: saving gorillas

Close icon Two crossed lines that form an X. It indicates a way to close an interaction, or dismiss a notification. Redditors are coming together once again – this time to adopt gorillas. Marcos del Mazo/LightRocket via Getty Images, Dado Ruvic/Reuters Since Saturday, Redditors have donated more than $300,000 to a gorilla conservation fund. One used the name "GameStop": the retailer whose stock Redditors sent surging after hedge funds ...
Steve Huffman Keith Gill House Financial Services Committee Dian Fossey Gorilla Fund Savinggorillas Dian Fossey Gorilla Fund Wall Street Bet

Excess is good for the stock market

Me, You, Madness…no it’s not a story about Roaring Kitty, GameStop and Melvin, though someone has to make that into a film (Michael Lewis will be writing the novel already, I’m sure). It’s actually a 2021 film starring Louise Linton, wife of ex Treasury secretary Steve Mnuchin. I have not seen it, but I have seen the trailer. The setup sounds […]
United States Michael Lewis Elon Musk Christine Lagarde Zach Kirkhorn Louise Linton

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