- Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets (Wall Street Journal) – It’s the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks.
- ‘Wolf of Wall Street’ Jordan Belfort lauds ‘brilliant’ stock revolt: ‘This is a paradigm shift’ (Fox News) – Jordan Belfort tells ‘Tucker Carlson Tonight’ small investors can finally ‘play that same game’ as hedge fund managers.
- Dow Jones Futures Rally As Biden, Republicans ‘Hopeful’ For Stimulus Deal; GME Stock Dives Another 23% Late (Investors.com) – Futures sharply higher early Tuesday after “productive” stimulus talks between President Joe Biden and a group of Republican senators.
- Google To Spend $3.8 Million To Settle Accusations Of Hiring, Pay Biases (NDTV) – The allegations stemmed from a routine compliance audit several years ago required by Google’s status as a supplier of technology to the federal government.
