Keith Gill in his introductory post on YouTube in July 2020.Roaring Kitty/YouTube Keith Gill scored a $79 million one-day gain on his GameStop bet on Monday. The massive gains were initially sparked by Gill disclosing his bet on GameStop worth more than $100 million. Part of Gill’s GameStop bet is a $20 call option on […]
Troubled regional lender New York Community Bancorp (NYCB) lost $327 million in the first quarter, but its stock soared in premarket trading as a new CEO outlined a “clear path to profitability over the following two years.” The net loss was due in part to an increase in provisions set aside for future loan losses. […]
(Reuters) -Shares of Donald Trump’s social media company plunged more than 23% on Monday, wiping out the gains from its debut last week, after disclosing millions in losses and saying it would struggle to meet its financial liabilities going forward. Trump Media & Technology Group lost more than $58 million in 2023, the company said […]
RTÉ director general Kevin Bakhurst is seeking legal advice on disclosing the individual exit packages of former RTÉ executive members, Minister for the Media Catherine Martin has said. The Green Party TD said she spoke to Mr Bakhurst on Thursday after it was revealed that a €450,000 exit package was given to a former RTÉ […]
Servant of the People faction leader David Arakhamia recently proposed disclosing Ukraine’s losses in the full-scale Russian invasion, citing figures “significantly less” than 100,000, sparking discussions among experts, including war veteran and reserve major Oleksiy Hetman, who shared his thoughts on it in an interview with Radio NV on Jan. 27. “Those who are not a majority (in […]
(Bloomberg) — A high-profile JD.com Inc. unit disclosed it’s investigating “suspicious practices” including the overstatement of some 1 billion yuan ($140 million) of revenue and costs, triggering a 46% collapse in its share price. Most Read from Bloomberg Dada Nexus Ltd. said it may have overstated roughly 500 million yuan of sales from online advertising […]