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2026 › May › 08
Wall Street
59 days ago
Results cement proprietary trading firm as one of the most profitable on Wall Street
Ryan Cohen, GameStop’s rebel CEO ⊖
found
a story from Financial Times ✅ › Financial Times
His $56bn hostile bid for eBay has baffled Wall Street, but it could be the world’s first meme stock-driven deal
US adds 115,000 jobs in April as labour market shrugs off energy shock ○
Hiring exceeds Wall Street forecasts for second month in a row
America shakes off recession fears with bumper jobs report that sends Wall Street and 401(k)s surging ○
Markets reacted with glee to the April jobs report out this morning as employment trends blew away expectations.
‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock ⊖
Traders are embracing the “NACHO” trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.
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