- Insider Monkey
Here’s Why Diamond Hill Long-Short Fund’s Short Position GameStop Corp. (GME) Detracted in Q2
Diamond Hill Capital, an investment management company, released its “Long-Short Fund” second-quarter 2024 investor letter. A copy of the letter can be downloaded here. The portfolio achieved positive returns in Q2 but trailed the Russell 1000 Index and the blended benchmark (60% Russell 1000 Index/40% Bloomberg US Treasury Bills 1-3 Month Index). The short positions […]
- Barrons.com
Nvidia Stock Is Slumping. What Tesla Can Tell Us.
STOCKSTOWATCHTODAY BLOG Nvidia stock has dropped over the past few months. Investors should hang on—tight. Shares have fallen to $116, a 14% decline from their record close around $135, hit in June.
- Benzinga
Bitcoin Worth $63,000 Pulled In $33 Pack Of Trading Cards At GameStop: 'Mind-Boggling' Story Goes Viral, Highlights Crypto Redemption Card
With a change in its business practices, GameStop Corporation (NYSE:GME) allows CEO Ryan Cohen the ability to buy and sell stocks and cryptocurrency with the company's cash. While GameStop hasn't added Bitcoin (CRYPTO: BTC) to its balance sheet yet, the company did help one customer turn a small purchase into a full BTC worth over $60,000. What Happened: The Cardsmiths Currency Series 1 trading card series, launched in 2022, features influential people to the cryptocurrency sector, memes and art
