Hedge Funds
GameStop-ravaged Melvin Capital has an unlikely investor – the partners at the Silicon Valley VC Sequoia Capital that backs retail trading app Robinhood
Sequoia Heritage was founded in 2010 to manage money for Sequoia's partners and most successful start-up founders.
Steve Cohen's Point72 raises $1.5 billion after supporting Melvin Capital during the GameStop saga, report says
Point72 has raised $1.5 billion as it searches for new opportunities, a report said. It lost money in January during the GameStop saga.
These were among the biggest hedge-fund winners and losers in January as GameStop mania upended markets
Maplelane Capital, a hedge fund that fell victim to the GameStop short-squeeze, was down 45% through January 27.
Former Millennium portfolio manager Seth Turkeltaub is launching his own fund. Here's what we know about Concentric Capital Strategies.
Turkeltaub is a long-time investor for Izzy Englander and also previously worked for Steve Cohen at SAC Capital.
Goldman says the stock market is undergoing its biggest short squeeze in 25 years — and that has hedge funds dumping stock exposure at the fastest rate since 2009
US markets are seeing the biggest short squeeze in 25 years as Reddit day traders hit hedge funds for billions over GameStop and AMC, Goldman said.
Home prices near Miami have risen over 25% in the last year as Silicon Valley and Wall Street billionaires flock to Florida
What may have begun as a temporary stay has become a permanent transfer, and it's sending South Florida home prices skyrocketing.
Elon Musk led a bizarre interview with Robinhood's CEO, quizzing him about last week's GameStop stock drama
On the audio app Clubhouse, Elon Musk asked Vlad Tenev why the Robinhood stopped users from trading so-called meme stocks.
What you need to know on the markets this week: 'Eat the rich' – Robinhood's reckoning after GameStop, the Bank of England's toolbox, and blockbuster earnings
Day-traders sent the market into a tailspin after an epic short-squeeze of GameStop and other stocks that hit hedge funds – the story won't end there.
Short-sellers are nursing estimated losses of $19 billion in 2021 after betting on GameStop's share price to fall
The war between hedge funds and Reddit day traders has cost short-sellers about $19 billion this year just on GameStop, new data indicates.
GameStop day traders shook markets and hit hedge funds for billions. What has Wall Street learned?
Hedge funds and short-sellers have been left to mull a seismic shift after their billions of dollars of losses on GameStop stunned Wall Street.
Billionaire Leon Cooperman says GameStop surge will 'end very badly for the public' and decries people 'attacking' the rich
Leon Cooperman defended short-sellers and decried attacks on the wealthy as he said the GameStop surge would "end very badly" for the public.
A chief investment strategist breaks down how the GameStop saga could upend long-standing practices on Wall Street — and shares her 4-part advice for navigating the frenzied trading environment
Lindsey Bell, Ally Invest's chief investment strategist, says there are real positives to the Reddit-driven rally but investors need to be careful.
Some Redditors say the GameStop rally is revenge against Wall Street for the 2008 collapse
Some Redditors on the WallStreetBets forum aren't helping to drive up the price of GameStop shares for the money — they say it's for revenge.
GameStop plunges as much as 60% after Robinhood curbs trading on wildly volatile morning
The GameStop stock price tumbled as much as 60% on Thursday morning after Robinhood curbed trading in some of Reddit's favourite shares.
Fannie Mae sees more exits in leadership at an important moment for the mortgage giant
A string of senior leaders at Fannie Mae, the government-controlled entity and cornerstone of the US housing market, have left in recent months.
Hedge funds are ravenous for Florida office space as finance and tech firms flee south
One broker reports showing office space "one to three times a day" amid "torrential" interest from out-of-state firms relocating or opening outposts.
Hedge fund phenom Dan Sundheim's D1 Capital has been stung by the AMC short bet caught up in Reddit's trading frenzy
The billionaire hedge fund star made investors 60% in 2020, and is the latest Wall Street titan to be stung by Wall Street Bets' coordinated squeeze.
Billionaire investor Chris Sacca cheers on GameStop traders — but warns them not to use borrowed money
"I kited my student loans, YOLO'd them to $12m, and then, in an f'ing blink, I woke up $4m in debt," the former "Shark Tank" star said.
GameStop nearly died in 2019. Now hedge funds are scrambling to deal with the company's exploding stock. Here's what's going on.
The largest video-game retailer, GameStop, has gone from barely hanging on to wildly valuable — and it's all because of a Reddit forum.
How hedge funds are tracking Reddit posts to protect their portfolios after the Wall Street Bets crowd helped tank Melvin Capital's short positions
The web-scraping company Thinknum is creating a Reddit-focused data product for clients to track the most popular tickers on the platform.