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“#David Solomon’s lavish lifestlye irks Goldman Sachs underlings” Goldman Sachs’ CEO has a private-jet habit — and critics say it’s flying in the face of his harsh words for staffers who work from home. David Solomon — who spins records at nightclubs as a part-time DJ when not running the Wall Street colossus — has…
“#Stimulus potholes aplenty thanks to infrastructure red ink from Democrats” “Everyone is now excited about infrastructure,” a Democratic Party operative with ties to Wall Street declared late last week following passage of President Biden’s vacuous, $1.9 trillion stimulus bill. When pressed by Lydia Moynihan of Fox Business on who “everyone” actually is, the operative rattled…
“#GameStop stock tumbles after wild six-day rally” GameStop’s six-day winning streak looked poised to end Thursday as Reddit’s favorite meme stock shook off some of its recent volatility. The video-game retailer’s stock price moved like a roller coaster in early trading before settling into the red in the early afternoon. The shares clawed back an…
“#Reddit’s ‘meme stock’ crowd is launching a Super PAC” The WallStreetBets crowd is angling to get into the political game. A pair of part-time stock traders has launched a Super PAC to “amplify the voice of the retail investor” as the rise of Reddit-fueled “meme stocks” like GameStop has rattled big hedge funds and caught…
“# Bitcoin demand from Goldman Sachs clients ‘is rising,’ says COO ” U.S. banking giant Goldman Sachs recently decided to restart its cryptocurrency trading desk. This has reportedly led to an increased demand for digital assets among its customer base. According to a Reuters report, Goldman Sachs chief operating officer John Waldron said the firm…
“#GameStop stock extends win streak into sixth day” GameStop shares tried to hang onto a sixth straight day of gains Wednesday as the mother of all meme stocks took investors on yet another wild ride. The video-game retailer’s stock price exploded as much as 41 percent to $348.50, a level not seen since the unprecedented retail trading…
“#Tech stocks rebound as Nasdaq jumps over 3 percent” US stocks advanced on Tuesday, with the Nasdaq jumping over 3 percent to recoup its losses in the previous session as US bond yields retreated and investors picked up battered technology stocks. Among the biggest boosts to the S&P 500 and the Nasdaq were Tesla, Apple,…
“#Hedge funds hit hard by Reddit Rally bounced back in February” Some of the hedge funds hardest hit by January’s populist short squeeze have already begun recovering from the pain inflicted by retail traders looking to topple Wall Street, The Post has learned. At least three funds hurt by manic moves in stocks like GameStop…
“#Stocks surge, tech lags after Senate clears stimulus bill” The Dow Jones industrial average crossed the 32,000 mark for the first time to hit a record high after the Senate cleared a stimulus bill to boost the economy’s recovery from the coronavirus crisis. The blue-chip index climbed more than 2 percent, or 651.74 points, on…
“#Stocks rise after David Tepper says market getting ‘safer’” US stocks bounced Monday after billionaire hedge-fund titan David Tepper appeared to shrug off recent turmoil in the bond market, which has been linked to concerns that increased federal stimulus spending will spur inflation. The Dow Jones industrial average climbed as much as 420.81 points, or…