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Breaking News: Business

The fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet

NurPhoto | NurPhoto | Getty ImagesOne hedge fund got the GameStop trade just about perfectly right last year — buying it under $10...

The manager of 2021’s top-performing hedge fund on his winning GameStop trade and lessons from it

(Click here to subscribe to the new Delivering Alpha newsletter.)On this day last year, investors watched in amazement as GameStop shares surged to a record...

Italian space company D-Orbit going public via Nasdaq SPAC

An artist's rendition of an ION spacecraft deploying satellites in orbit.D-OrbitItalian space transportation and services company D-Orbit announced Thursday plans to go public...

Southwest Airlines says omicron will drive a loss in the first quarter, but expects 2022 profit

OntheRunPhoto | iStock Editorial | Getty ImagesSouthwest Airlines expects to lose money in the first quarter after the omicron variant of Covid-19 hurt...

McDonald’s (MCD) Q4 2021 earnings

Signage outside a McDonald's Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021.Luke Sharrett | Bloomberg | Getty ImagesMcDonald's...

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