Jonathan Wong
The Latest
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Elliott Management Takes $2 Billion Stake in Southwest Airlines, Shares Surge
Southwest Airlines' stock experienced a notable surge of approximately 7% in premarket trading on Monday following a report by The Wall Street Journal revealing that activist investor Elliott Investment Management has acquired a nearly $2 billion stake in the airline. 
Southwest Airlines' stock experienced a notable surge of approximately 7% in premarket trading on Monday following a report by The Wall Street Journal revealing that activist investor Elliott Investment Management has acquired a nearly $2 billion stake in the airline. -
Tesla Looks to Small Investors for Support Amid Musk's $56 Billion Pay Package Vote
Tesla Inc. is turning to its legion of small shareholders as it seeks to gain support for Elon Musk's contentious $56 billion pay package, a move that could significantly influence the outcome of the company's annual meeting on June 13. With major institutional investors divided over the issue, the electric carmaker is leveraging its unique ownership structure, heavily populated by retail investors, to sway the vote in Musk's favor. 
Tesla Inc. is turning to its legion of small shareholders as it seeks to gain support for Elon Musk's contentious $56 billion pay package, a move that could significantly influence the outcome of the company's annual meeting on June 13. With major institutional investors divided over the issue, the electric carmaker is leveraging its unique ownership structure, heavily populated by retail investors, to sway the vote in Musk's favor. -
GameStop Plunges 40% After 'Roaring Kitty's' 50-Minute Livestream pen_spark
GameStop shares plummeted over 40% on Friday, June 7th, following a 50-minute YouTube livestream by Keith Gill, known as "Roaring Kitty" on social media. The stock, which Gill claims is his sole holding, experienced multiple trading halts due to the sharp decline. 
GameStop shares plummeted over 40% on Friday, June 7th, following a 50-minute YouTube livestream by Keith Gill, known as "Roaring Kitty" on social media. The stock, which Gill claims is his sole holding, experienced multiple trading halts due to the sharp decline. -
Spirit Airlines' CEO Dismisses Bankruptcy Speculation Amid Strategic Shift
Spirit Airlines' CEO Ted Christie has made it clear that the budget airline is not considering filing for Chapter 11 bankruptcy. His comments, made during the company's annual shareholder meeting, come in the wake of significant challenges and after a failed merger with JetBlue Airways. Christie expressed optimism about Spirit's standalone plan, despite the airline's current struggles. 
Spirit Airlines' CEO Ted Christie has made it clear that the budget airline is not considering filing for Chapter 11 bankruptcy. His comments, made during the company's annual shareholder meeting, come in the wake of significant challenges and after a failed merger with JetBlue Airways. Christie expressed optimism about Spirit's standalone plan, despite the airline's current struggles. -
Red Lobster Faces Potential Closure of Nearly 130 More Locations Amid Financial Struggles
The potential closure of an additional 129 restaurants underscores the severity of the financial predicament the company faces. 
The potential closure of an additional 129 restaurants underscores the severity of the financial predicament the company faces. -
GameStop's Shares Dip After Earnings and Share Sale Announcement
GameStop shares experienced a volatile trading session on Friday, as the company's disappointing earnings report and unexpected share sale announcement overshadowed the much-anticipated YouTube livestream by Keith Gill, famously known as "Roaring Kitty." By the market's early hours, GameStop shares had shed their premarket gains, falling by 5% by 6:45 a.m. ET, after initially climbing more than 30%. 
GameStop shares experienced a volatile trading session on Friday, as the company's disappointing earnings report and unexpected share sale announcement overshadowed the much-anticipated YouTube livestream by Keith Gill, famously known as "Roaring Kitty." By the market's early hours, GameStop shares had shed their premarket gains, falling by 5% by 6:45 a.m. ET, after initially climbing more than 30%. -
GameStop Soars 50% as Keith Gill Announces YouTube Livestream Comeback
GameStop (GME) shares surged by 50% on Thursday after Keith Gill, known as "Roaring Kitty" on YouTube and "DeepF-Value" on Reddit, announced he would be returning to live streaming on Google's YouTube platform for the first time in three years. This news reignited interest in the meme stock that Gill famously backed in 2021. GameStop (GME) shares surged by 50% on Thursday after Keith Gill, known as "Roaring Kitty" on YouTube and "DeepF-Value" on Reddit, announced he would be returning to live streaming on Google's YouTube platform for the first time in three years. This news reignited interest in the meme stock that Gill famously backed in 2021. -
Tesla Board Chair Urges Reapproval of Musk's $45 Billion Compensation Package
Tesla Inc. (TSLA) Board Chair Robyn Denholm has urged shareholders to reapprove a controversial compensation package for CEO Elon Musk, warning that failure to do so could result in Musk shifting his focus away from the electric vehicle giant. 
Tesla Inc. (TSLA) Board Chair Robyn Denholm has urged shareholders to reapprove a controversial compensation package for CEO Elon Musk, warning that failure to do so could result in Musk shifting his focus away from the electric vehicle giant. -
Nvidia Surpasses Apple with $3 Trillion Market Cap Amid AI Frenzy
Nvidia's market value soared past $3 trillion, briefly positioning it ahead of Apple as the world's second most valuable company. This significant milestone underscores the burgeoning optimism surrounding Nvidia's pivotal role in the artificial intelligence (AI) revolution. 
Nvidia's market value soared past $3 trillion, briefly positioning it ahead of Apple as the world's second most valuable company. This significant milestone underscores the burgeoning optimism surrounding Nvidia's pivotal role in the artificial intelligence (AI) revolution. -
McDonald's Loses Big Mac Trademark Battle in EU to Irish Rival Supermac's
The European Union's General Court ruled against fast-food giant McDonald's in a trademark dispute over the use of the "Big Mac" name for poultry products. The court's decision, announced on Wednesday, marks a partial victory for Irish fast-food chain Supermac's, which had challenged McDonald's trademark claim. 
The European Union's General Court ruled against fast-food giant McDonald's in a trademark dispute over the use of the "Big Mac" name for poultry products. The court's decision, announced on Wednesday, marks a partial victory for Irish fast-food chain Supermac's, which had challenged McDonald's trademark claim.
