‘Roaring Kitty’ post appears to display trader held on to huge GameStop stake immediately after Monday’s rally

‘Roaring Kitty’ post appears to display trader held on to huge GameStop stake immediately after Monday’s rally


Important Factors
  • Keith Gill continue to owned 5 million shares of GameStop and 120,000 get in touch with alternatives with a strike value of $20 that expire on June 21, in accordance to a screenshot he showed.
  • The meme inventory leader identified as ‘Roaring Kitty’ is behind GameStop’s modern roller-coaster journey.
  • E-Trade, the Morgan Stanley-owned brokerage Gill uses, is holding inner talks about whether to ban him from the platform, in accordance to a Wall Road Journal report.



Supply

‘The eye of the hurricane’: Why the U.S. job market has soured, economists say
Finance

‘The eye of the hurricane’: Why the U.S. job market has soured, economists say

Key Points The July 2025 jobs report suggests a sharper slowdown in U.S. job growth than previously thought, economists said. President Donald Trump’s tariff policy is among the economic headwinds contributing to slower job creation and hiring, economists said. Immigration policy and relatively high interest rates are other factors, they said. Job seekers face a […]

Read More
BlackRock’s Rick Rieder says a half-point rate cut by the Fed in September is possible
Finance

BlackRock’s Rick Rieder says a half-point rate cut by the Fed in September is possible

Rick Rieder, BlackRock’s chief investment officer for global fixed income, said July’s dismal jobs report opened the door for a jumbo rate cut from the Federal Reserve next month. “We would argue that the evidence the Fed needed in order to justify a cut in September has arrived in today’s report,” Rieder said in a […]

Read More
Stocks making the biggest moves midday: Apple, Amazon, Monolithic Power, Reddit and more
Finance

Stocks making the biggest moves midday: Apple, Amazon, Monolithic Power, Reddit and more

Check out the stocks making the biggest moves midday. Kimberly-Clark — The consumer products giant gained about 4% on stronger-than-expected full-year guidance. Kimberly-Clark expects earnings per share to grow in the low-to-mid single digit percentage rate, while analysts polled by FactSet anticipated a contraction of around 2.6%. Marvell Technology — The chipmaker fell about 6%, […]

Read More