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Robinhood results beat estimates on meme-stock, crypto-trading boom

UPDATE 3-Robinhood results beat estimates on meme-stock, crypto-trading boom Adds executive comment from conference call; details and industry context throughout, graphic on revenue growth; updates shares By Manya Saini Aug 7 (Reuters) - Robinhood HOOD.O beat Wall Street expectations for second-quarter earnings on Wednesday, as interest in meme stocks and cryptocurrencies soared, and said it continued to gain retail trading market share from rivals.
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PREVIEW: Robinhood flat ahead of report; analysts eye meme-stock bump

BUZZ-PREVIEW: Robinhood flat ahead of report; analysts eye meme-stock bump ** Shares of Robinhood Markets Inc HOOD.O trading near flat ahead of the stock trading platform's qtrly report after the bell on Wednesday, as investors expect strong rev growth as retail investors trade 'meme stocks' and cryptocurrencies ** Increased trading volumes in Game
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Robinhood's second quarter to benefit from meme stock revival, crypto trading

PREVIEW-Robinhood's second quarter to benefit from meme stock revival, crypto trading By Manya Saini Aug 6 (Reuters) - Wall Street expects Robinhood's HOOD.O revenue to hit record highs in the second quarter as retail investors flock to its commission-free app to trade so-called 'meme stocks' and cryptocurrencies. The return of influencer Keith Gill, known online as "Roaring Kitty", rekindled investor appetite for retail favorites like GameStop GME.N , luring mom-and-pop investors back to Robinh
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Citron's Andrew Left faces US criminal charges over alleged fraud

UPDATE 5-Citron's Andrew Left faces US criminal charges over alleged fraud Updates with legal expert reaction in paragraphs 16-17 By Chris Prentice July 26 (Reuters) - U .S. authorities charged prominent activist short seller Andrew Left and his fund Citron Capital, alleging he had for years manipulated the market and defrauded investors with misleading claims about his positions in multiple stocks, including Nvidia NVDA.O and Tesla TSLA.O .
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Meme stock speculation propels Koss shares 25% higher on Friday

Meme stock speculation propels Koss shares 25% higher on Friday By Suzanne McGee July 5 (Reuters) - Shares of headphone maker Koss Corp. KOSS.O soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as social media posts speculated that a post by meme stock influencer Keith Gill indicated his interest in the company.
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MicroStrategy is hedge funds’ favorite meme stock

BREAKINGVIEWS-MicroStrategy is hedge funds’ favorite meme stock The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Updates with chart. By Pranav Kiran TORONTO, July 2 (Reuters Breakingviews) - MicroStrategy’s MSTR.O co-founder Michael Saylor once ran a humdrum little software firm. Then, for a moment, his company was worth many billions of dollars – or, rather, for three moments.
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Echoes of dotcom bubble haunt driven US stock market

ANALYSIS-Echoes of dotcom bubble haunt AI-driven US stock market By Lewis Krauskopf NEW YORK, July 2 (Reuters) - A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology.
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'Roaring Kitty' lawsuit over GameStop is withdrawn for now

UPDATE 1-'Roaring Kitty' lawsuit over GameStop is withdrawn for now Adds voluntary withdrawal of lawsuit, attempt to obtain comment from law firm, paragraphs 1-2 By Jonathan Stempel NEW YORK, July 1 (Reuters) - Investors in GameStop GME.N have for now withdrawn their lawsuit accusing Keith Gill, who is known as "Roaring Kitty" and helped spur the meme stock mania of 2021, of defrauding them through a "pump-and-dump" scheme for the videogame retailer.
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'Roaring Kitty' is sued for alleged GameStop manipulation

'Roaring Kitty' is sued for alleged GameStop manipulation By Jonathan Stempel NEW YORK, July 1 (Reuters) - Keith Gill, the investor known as "Roaring Kitty" who helped spur the meme stock mania of 2021, was sued by GameStop GME.N investors who said they lost money through his "pump-and-dump" scheme for the videogame retailer. A proposed class action accusing Gill of securities fraud was filed on Friday in the Brooklyn, New York federal court.
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What is Chewy, the pet products website 'Roaring Kitty' is championing?

FACTBOX-What is Chewy, the pet products website 'Roaring Kitty' is championing? By Granth Vanaik and Siddharth Cavale July 1 (Reuters) - Keith Gill , the meme stock trader "Roaring Kitty," thrust Chewy Inc CHWY.N into the spotlight when he made a $245 million bet on the online pet products retailer on Monday. What is Chewy and why has it attracted Gill's interest?
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Wall Street set for higher open with focus on jobs data

CORRECTED-US STOCKS-Wall Street set for higher open with focus on jobs data Corrects paragraph 6 to say non-farm payrolls data is due on Friday, not Thursday Chewy jumps after Keith Gill discloses stake Spirit AeroSystems gains on Boeing takeover Manufacturing PMI on deck Futures up: Dow 0.19%, S&P 500 0.23%, Nasdaq 0.25% By Ankika Biswas and Lisa Pauline Mattackal July 1 (Reuters) - U.S.
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Futures rise as focus shifts to jobs data

CORRECTED-US STOCKS-Futures rise as focus shifts to jobs data Corrects paragraph 5 to say non-farm payrolls data is due on Friday, not Thursday Chewy jumps after Keith Gill discloses stake Spirit AeroSystems gains on Boeing takeover Manufacturing PMI on deck Futures up: Dow 0.24%, S&P 500 0.23%, Nasdaq 0.23% By Ankika Biswas and Lisa Pauline Mattackal July 1 (Reuters) - U.S.
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Chewy executives alarmed at 'Roaring Kitty' stake in pet-product retailer

UPDATE 7-Chewy executives alarmed at 'Roaring Kitty' stake in pet-product retailer Adds detail on Gill's links to Cohen, paragraph 2 By Manas Mishra, Greg Roumeliotis and Suzanne McGee July 1 (Reuters) - Stock influencer Keith Gill, known as " Roaring Kitty ," unveiled a 6.6% stake in Chewy CHWY.N on Monday, a surprise move that alarmed executives at the U.S.
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Chewy rises to near one-year high after 'Roaring Kitty' posts on X

BUZZ-Chewy rises to near one-year high after 'Roaring Kitty' posts on X ** Pet products retailer Chewy's CHWY.N shares rise up much as 34% to near one-year high at $39.10 ** Stock spiked following post of a puppy face on X by finance influencer Keith Gill also known as "Roaring Kitty" on social media platforms ** "The spike in volume and share price gains were shortly after the tweet.
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GameStop is becoming a poorly run bank

RPT-BREAKINGVIEWS-GameStop is becoming a poorly run bank The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Lauren Silva Laughlin NEW YORK, June 25 (Reuters Breakingviews) - GameStop’s GME.N actual business – selling video games and associated paraphernalia – isn’t doing so hot. Its other business – earning interest on cash that was handed over irrationally – is helping.
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GameStop is becoming a poorly run bank

BREAKINGVIEWS-GameStop is becoming a poorly run bank The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Lauren Silva Laughlin NEW YORK, June 25 (Reuters Breakingviews) - GameStop’s GME.N actual business – selling video games and associated paraphernalia – isn’t doing so hot. Its other business – earning interest on cash that was handed over irrationally – is helping.
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U.S. STOCKS Broadcom, Xponential Fitness, Northfield Bancorp

BUZZ-U.S. STOCKS ON THE MOVE-Broadcom, Xponential Fitness, Northfield Bancorp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes edged higher in choppy trading on Monday, as investors awaited fresh economic data and comments from Federal Reserve officials for more clarity on monetary policy.
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GameStop shares tumble after CEO says store network will shrink

UPDATE 2-GameStop shares tumble after CEO says store network will shrink Adds analyst comment, company details, updates shares, paragraphs 4, 6-9 GameStop shares fall nearly 12% after CEO announces store reductions CEO Ryan Cohen provides no details on $4 billion cash use Stock influencer Keith Gill rekindled investor interest in GameStop last month By Suzanne McGee, Priyanka G June 17 (Reuters) - Shares of GameStop GME.N tumbled on Monday after CEO Ryan Cohen told investors that the videogame r
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GameStop's fans await shareholder meeting, after high demand derailed first attempt

GameStop's fans await shareholder meeting, after high demand derailed first attempt By Suzanne McGee June 17 (Reuters) - GameStop's GME.N annual meeting, scheduled for Monday, is creating a growing buzz on social media among the company's host of avid retail investor fans. Shares of the video game retailer have gyrated wildly over the last month after Keith Gill, the stock influencer known as Roaring Kitty who helped kick off meme stock mania in 2021, reappeared and later disclosed a large posit
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REUTERS NEWS SCHEDULE AT 10 p.m. GMT/ 6 p.m. ET

REUTERS NEWS SCHEDULE AT 10 p.m. GMT/ 6 p.m. ET Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/ 6 p.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect or on Media Express . TOP STORIES GLOBAL ISRAEL-PALESTINIANS-PAUSE Netanyahu denounces tactical pauses in Gaza fighting to get in aid JERUSALEM - Israeli Prime Minister Benjamin Netanyahu criticized plans announced by the military on Sunday to hold daily t
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