Media Content Distribution

GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King

GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King

Ryan Cohen is the face of an investing revolution that captivated amateur traders, punished Wall Street and favored memes over fundamentals. Many of his other bets belong to a more conservative playbook. The 37-year-old billionaire, who made his fortune with online pet retailer Chewy Inc., CHWY -0.12% gained fame during a period of market frenzy …

GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King Read More »

Inside the Chess Cheating Scandal: ‘It Was a Ticking Time Bomb’

Inside the Chess Cheating Scandal: ‘It Was a Ticking Time Bomb’

A month before Magnus Carlsen and 19-year-old American grandmaster Hans Moke Niemann found themselves battling each other at the center of a high-profile chess cheating scandal, they were two guys pushing pawns on the beach in Miami. Hanging around for a tournament promotion, they played on a board in the sand, watched by only a …

Inside the Chess Cheating Scandal: ‘It Was a Ticking Time Bomb’ Read More »

Here are the worst (and best) performing stocks of August and for 2022

Here are the worst (and best) performing stocks of August and for 2022

After a strong showing in July, when stock indexes rebounded from their 2022 lows of June, U.S. equities abruptly reversed course in August. Here’s the damage: Index Price change – July 29 through Aug. 30 Price change – 2022 through Aug. 30 Price change – 2021 S&P 500 SPX -3.5% -16.4% 26.9% Dow Jones Industrial …

Here are the worst (and best) performing stocks of August and for 2022 Read More »