Stocks

Markets

GameStop raises over $2B in stock sale during Roaring Kitty craze

Texas-based GameStop's planned sale of 75 million shares of common stock raised more than $2 billion in gross proceeds, the video game retailer said on Tuesday.

Markets

GM approves new $6B stock buyback on strong demand for gas-powered vehicles

General Motors announced it has approved a new share repurchase authorization to buy back up to $6 billion worth of the automaker's stock, citing strong demand for gas-powered vehicles.

Markets

‘Roaring Kitty’s GameStop position is in the money

GameStop's main meme trader "Roaring Kitty" posted an update on where his holdings of the video game maker stand, and despite a two-day downturn in the shares, he's still in the green.

Markets

'Roaring Kitty' could not save GameStop as meme stock tanks

GameStop shares plummeted 40% on Friday after YouTuber Keith Gill, aka "Roaring Kitty," livestreamed to 600,000 people and shared why he is bullish on the meme stock.

Markets

'Roaring Kitty' says GameStop to benefit from 'Ryan Cohen and crew'

Famous meme stock retail trader Keith Gill on Friday indicated he still likes GameStop as he livestreamed on his “Roaring Kitty" YouTube channel for the first time in three years.

Markets

'Roaring Kitty': What to know about the meme stock investor

"Roaring Kitty" is back in the spotlight, along with GameStop, after becoming active again on social media and on his first livestream in three years.

Economy

US household wealth soars to a new record as stocks march higher

New data published by the Federal Reserve shows that U.S. household wealth hit a new record in the first quarter as the stock market kept climbing higher.

Media

Varney: Big Tech companies are the 'crown jewels' of American business

FOX Business' Stuart Varney says American Big Tech companies Apple, Nvidia, Microsoft, Google, and Amazon are leading the world into the digital revolution.

Markets

Nvidia topples Apple with $3 trillion market cap; 10-for-1 stock split ahead

Investors keep piling into shares of Nvidia, which hit another fresh record high as the AI chipmaker prepares for its 10-for-1 stock split.

Markets

Texas Stock Exchange in the works to take on New York

A group with backing from the likes of BlackRock and Citadel Investments announced plans to launch the Texas Stock Exchange, aiming to rival New York's exchanges.

Markets

Stock market could plunge 10% as economy faces stagflation threat, Stifel warns

A new analyst note from Stifel suggests the S&P 500 could slide 10% by the end of the third quarter amid slowing economic growth and stubborn inflation.

Media

Market experts unveil what's really behind the meme stock craze

Three market traders and investors are not buying into the latest GameStop rally fueled by "Roaring Kitty," warning against a Gen Z bandwagon that's getting "out of control."

Markets

NYSE technical trading glitch hits Berkshire Hathaway, others

A trading glitch hit the New York Stock Exchange system on Monday, driving share prices of some widely held stocks down nearly 100% in a matter of minutes.

Markets

GameStop shares surge after 'Roaring Kitty' post

Shares of video game retailer GameStop soared more than 30% during trading Monday after a new post on Reddit from Keith Gill, also known as "Roaring Kitty."

Markets

Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder

Tesla CEO Elon Musk is accused of profiting $7.5 billion from insider trades by a shareholder who claims Musk knew about disappointing production and delivery numbers before they went public.

Markets

Trump Media shares volatile after historic conviction

Shares of Trump Media and Technology Group, the parent of Truth Social, were actively traded, following former President Trump's conviction in a hush money criminal trial.

Markets

Bill Ackman eyes IPO of Pershing Square

Pershing Square managed about $16.3 billion in net assets as of the end of April; other asset managers with valuations in the same ballpark manage several times that.

Markets

Kohl's shares tumble after retailer reports sales slump, lowers forecast

Shares of Kohls Corp. plunged as much as 25% on Thursday after the retailer reported a surprise loss in the first quarter and cut its forecast for the year.

Politics

Pelosi Nvidia stock bet paying off big, trackers indicate

Former House Speaker Nancy Pelosi and her investor husband have made nearly $4 million over the past six months on Nvidia call options he purchased, analysts estimate.

Money

Looking for a new job? These are the financial secrets of signing on with a company

When you sign on to a new job, there are plenty of financial aspects to be mindful of in order to make the most money you possibly can.

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