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GameStop shares rallied more than 40% in premarket trading Monday after "Roaring Kitty," the man who inspired the epic short squeeze of 2021, posted online for the first time in roughly three years. Roaring Kitty, whose legal name is Keith Gill, is a former marketer for Massachusetts Mutual Life Insurance. Currently, the short position in GameStop shares amounts to more than 24% of all its shares that are freely-available to trade, also known as the float. In response, one Robinhood user filed a class-action lawsuit following the app's decision to restrict GameStop trading on its platform. Another class-action lawsuit brought against Gill alleged that he pretended to be a novice trader despite being a licensed professional.
Persons: Roaring Kitty, Keith Gill, Gill, Capital, Ken Griffin's, Robinhood, Melvin Capital, Paul Dano Organizations: GameStop, Massachusetts Mutual Life Insurance, Ken Griffin's Citadel, Citadel Locations: Reddit
A cartoon on X just sent GameStop shares surging 72%
  + stars: | 2024-05-13 | by ( Krystal Hur | ) edition.cnn.com   time to read: +3 min
New York CNN —The surprise social media return of the trader who helped ignite the meme stock frenzy in 2021 sent GameStop shares skyrocketing Monday. The shares skyrocketed by more than 110% earlier and were halted for volatility several times on Monday morning. GameStop had posted the same cartoon in February, but with a red arrow and chair. Gill described himself as a casual daytime trader in testimony during a 2021 Congressional hearing on the GameStop mania. “The idea that I used social media to promote GameStop stock to unwitting investors is preposterous,” Gill said in written testimony.
Persons: Roaring Kitty, Keith Gill, Gill, Kitty, “ Deepf, ” Gill, , Paul Dano Organizations: New, New York CNN, GameStop, AMC Entertainment, stoke, Locations: New York, GameStop’s
Gill, better known as Roaring Kitty, was the face of GameStop's surprise surge in 2021. The meme stock skyrocketed Monday as his return sent WallStreetBets into a frenzy. Keith Gill posted on X for the first time in nearly three years on Sunday, sending the meme stock sharply higher and sparking excitement on the Wall Street Bets subreddit. AdvertisementIt's unclear exactly what is signified by Gill's cryptic X post of a sketch showing a man leaning forward in his chair. Nevertheless Gill's return still sent r/wallstreetbets, whose users piled into meme stocks like GameStop, AMC, and Bed Bath & Beyond during the pandemic, into a frenzy.
Persons: Keith Gill, Gill, Kitty, WallStreetBets, , Paul Dano, Gill's, Paul Atreides, Vince McMahon Organizations: Service, GameStop, Financial Services Committee, AMC
The Best Movies and TV Shows Coming to Netflix in March
  + stars: | 2024-03-01 | by ( Noel Murray | ) www.nytimes.com   time to read: +3 min
Every month, Netflix adds movies and TV shows to its library. Sandler plays a Czech astronaut named Jakub, whose vital deep-space exploratory mission is suffering because of his crushing loneliness and the possible disintegration of his marriage to his pregnant wife, Lenka (Carey Mulligan). Paul Dano provides the voice of a kindly spider-like alien creature named Hanuš, who provides Jakub with some much-needed company and advice. Ritchie’s TV series “The Gentlemen” re-enters the world of the movie from a different angle. Theo James plays Eddie, a fading aristocrat’s estranged son, who unexpectedly inherits his dad’s estate along with its crushing debts and obligations.
Persons: Adam Sandler, Sandler, Jakub, Lenka, Carey Mulligan, Paul Dano, , , Jaroslav, Colby Day, Johan Renck, , Guy Ritchie’s, Gentlemen ”, Theo James, Eddie, Millie Bobby Brown, Princess Elodie, Ray Winstone, Angela Bassett, Nick Robinson, Elodie, Shohreh Aghdashloo, Juan Carlos Fresnadillo, Dan Mazeau Organizations: Netflix, Gentlemen Locations: Czech, British
If you were among the many who wondered why anyone would make a "Mr. and Mrs. Smith" reboot, this time without Brad Pitt and Angelina Jolie, when the project was announced in 2021, you'd be forgiven. "Mr. and Mrs. Smith," co-created by Donald Glover and Francesca Sloane (who previously worked with Glover on "Atlanta") remixes the film's premise. AdvertisementThis central relationship is the true hook of "Mr. and Mrs. Smith," a show that's more about cultivating intimacy and vulnerability than it is espionage. While a previous iteration of the series starred "Fleabag's" Phoebe Waller-Bridge alongside Glover, it's hard to imagine "Mr. and Mrs. Smith" without Erskine. All eight episodes of "Mr. and Mrs. Smith" are streaming now on Prime Video.
Persons: Smith, Brad Pitt, Angelina Jolie, you'd, Pitt, Jolie, Donald Glover, Francesca Sloane, Glover, John, Jane Smith, Maya Erskine, Jane, David Lee, Erskine's Jane, Glover's John Smith, they've, Sarah Paulson, Michaela Coel, Paul Dano, Toby, Ron Perlman, Fleabag's, Phoebe Waller, it's, Erskine, Glover's John, Erskine elucidates, David Fleming's unnerving Organizations: Service, Business, New, New York City Locations: New York City, New York
Melinda Kay Ledbetter Wilson, who rescued her husband, the Beach Boys co-founder Brian Wilson, from psychological ruin, died on Tuesday. Mr. Wilson confirmed her death on Instagram, saying that they had been married for 28 years and had five children together. Jean Sievers, a representative for the family, said that Ms. Wilson had died suddenly at her home in Beverly Hills, Calif. The couple’s relationship was portrayed in the 2014 biopic “Love & Mercy.” The film shows Ms. Wilson (Elizabeth Banks) meeting Mr. Wilson, played by both John Cusack and Paul Dano, in a Cadillac showroom in Los Angeles in the 1980s. After the film was released, Ms. Banks said in an interview with ABC News that she had met Ms. Wilson while preparing for the role.
Persons: Melinda Kay Ledbetter Wilson, Brian Wilson, Wilson, Jean Sievers, , , Elizabeth Banks, John Cusack, Paul Dano, Banks Organizations: Beach Boys, ABC News Locations: Beverly Hills, Calif, Los Angeles
The performances of all four films – “PAW Patrol: The Mighty Movie,” “Saw X,” “The Creator” and “Dumb Money” – told a familiar story at the box office. “PAW Patrol,” from Paramount Pictures and Spin Master, had timing on its side. A third “PAW Patrol” movie has already been green-lit. Sony Pictures’ “Dumb Money,” expanded nationwide after two weeks of limited release but failed to ignite the kind of populist movement it irreverently dramatizes. Made for $30 million, “Dumb Money” wasn’t a massive bet.
Persons: , ” –, Brian Robbins, Chris Rock, Tobin Bell, James Wan’s, Gareth Edwards, John David Washington, , Craig Gillespie, Paul Dano, Pete Davidson, Seth Rogen, Anthony Ramos, Jonathan Demme, Comscore, “ Barbie Organizations: Paramount Pictures, Nickelodeon, Paramount, Lionsgate, New Regency, Disney’s, Century Studios, Sony Pictures, GameStop, Hollywood Locations: Venice
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I'm fascinated by Hollywood's interpretation of finance, from "The Wolf of Wall Street" and "Margin Call" to "The Big Short." The depiction of hedge fund managers Ken Griffin (Nick Offerman), Steve Cohen (Vincent D'Onofrio), and Gabe Plotkin (Seth Rogen), whose firm's GameStop short position put it in Reddit traders' crosshairs, came across as too over-the-top and cartoonish. But if satire was the direction the movie wanted — à la "The Wolf of Wall Street" — it should have pushed harder. Instead, Gill's stoner brother (Pete Davidson) has to carry the comedy load, but most of his jokes come up short.
Persons: , Keith Gill, Paul Dano, Gill, Ken Griffin, Nick Offerman, Steve Cohen, Vincent D'Onofrio, Gabe Plotkin, Seth Rogen, Griffin, Pete Davidson Organizations: Service, GameStop, Wall
Ryan Cohen was announced as the new CEO of GameStop on Thursday. AdvertisementAdvertisementGameStop has a CEO once again after Ryan Cohen, the billionaire founder of Chewy, was appointed Thursday. Cohen had been executive chairman since early June after CEO Matt Furlong was shown the door. Cohen, who's the largest investor in GameStop with a 12.1% stake, sold Chewy in 2017 for $3.3 billion. Cohen first took a stake in GameStop in 2020 and joined its board in January 2021 before becoming chairman that June.
Persons: Ryan Cohen, Chewy, , Cohen, Matt Furlong, Furlong, Keith Gill, Kitty, Paul Dano, Gill, David Organizations: GameStop, Service, Amazon, Forbes, YouTube, Sony Pictures
There's Anthony Ramos' Marcus, a GameStop cashier, being lectured by his parents that this stock trading thing isn't real. Reddit versus Wall StreetMany social media traders discussed the meme stock moment in David vs Goliath terms — the retail traders versus the hedge funds. Several brokerages limited trading in meme stocks at the height of the meme stock mania. In the second quarter of 2019, before the meme stock mania began, the company generated about $1.3 billion in net sales. The AMC stock sales have diluted the holdings of individual shareholders, and the market cap of AMC is still down more than 50% from its peak.
Persons: Pete Davidson, Paul Dano's Keith Gill, Kitty, There's Anthony Ramos, Marcus, Jenny, hasn't, David, Gabe Plotkin, Seth Rogen, Capital, Robinhood, Chewy, Ryan Cohen, Matthew Furlong, shakeups, Adam Aron, Plotkin Organizations: Sony Pictures Entertainment, GameStop, YouTube, Ferrari, AMC Entertainment, AMC, SEC, Amazon, Wall Street titans, Charlotte Hornets
TORONTO (AP) — Think of movies about the financial system and your mind is almost sure to go to Gordon Gekko and “Wall Street” or Leonardo DiCaprio’s gyrating Jordan Belfort in “The Wolf of Wall Street.”When Hollywood takes on Wall Street, it usually heads straight to the C-suite. In 2021, Gill’s enthusiastic endorsement of GameStop stock helped fuel a viral trading frenzy that rocked Wall Street and humbled the hedge funds that has shorted the brick-and-mortar video game company. Gillespie was able to follow the phenomenon thanks to his 24-year-old son, who had been involved with the subreddit Wall Street Bets. My son warned me: You got in too late.”Lauren Schuker Blum and Rebecca Angelo, two former Wall Street Journal reporters turned screenwriters, came on to write the script. They feel small, they feel powerless, they feel that the system is rigged,” says Angelo.
Persons: Gordon Gekko, Leonardo DiCaprio’s gyrating Jordan Belfort, Keith Gill, Paul Dano, , Pete Davidson, Seth Rogen, America Ferrara, Anthony Ramos, Shailene Woodley, Craig Gillespie, Tonya Harding, Tonya, Gillespie, Ben Mezrich, ” Mezrich, Mark Zuckerberg, David Fincher’s “, , ” Lauren Schuker Blum, Rebecca Angelo, , Blum, let’s, Ramos, Myha’la Herrold, Talia Ryder, Margot Robbie, Angelo, Megan Thee Stallion’s, ” Gill, Kitty, Gill, Jake Coyle Organizations: TORONTO, Hollywood, GameStop, Wall, Sony Pictures, Toronto, AMC Theaters, Ragtag, Amateur, Social, Wall Street Journal, Lawmakers, Twitter Locations: “ The, Brockton , Massachusetts, Belgian, Bath, Pittsburgh
[1/3] Director Craig Gillespie poses during the gala presentation of "Dumb Money" at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 8, 2023. Dumb Money captures the behind-the-scenes of one of the biggest Wall Street stories of COVID that hooked retail investors and created a mutiny by grabbing the attention of professional investors on social media. It chronicles the battle between institutional and retail investors when Reddit-inspired small traders rose up against Wall Street by buying shares of GameStop (GME.N) en masse, creating large losses for short sellers. With the tagline "Dear Wall Street ...," the movie is "very front and center" and is timely in discussing the topic of wealth disparity in America, Gillespie said. Teddy Schwarzman declined to comment on how his familial ties to Wall Street affected the production of "Dumb Money."
Persons: Craig Gillespie, Carlos Osorio, Craig Gillespie's, Gillespie, Paul Dano, Pete Davidson, America Ferrera, Vincent D'Onofrio, Nick Offerman, Shailene Woodley, Seth Rogen, Kenneth Griffin, Steven Cohen, Aaron Ryder, Teddy Schwarzman, Stephen Schwarzman, Jenna Zucker, Nivedita Balu, Sandra Maler Organizations: Toronto, Film, REUTERS, Rights, GameStop, America, Wall, Blackstone Group, Thomson Locations: Toronto , Ontario, Canada, America
TIFF 2023: What to watch at the Toronto Film Festival
  + stars: | 2023-09-07 | by ( Jenna Zucker | ) www.reuters.com   time to read: +3 min
The logo of the Toronto International Film Festival (TIFF) is seen in Toronto, Ontario, Canada September 10, 2021. REUTERS/Mark Blinch/File photo Acquire Licensing RightsTORONTO Sept 7 (Reuters) - The Toronto International Film Festival (TIFF) is back for its 48th edition, welcoming movies from around the world to premiere in Canada. The event comes right after the Venice Film Festival, where actor Adam Driver slammed the streaming sites for their lack of flexibility over the demands of writers and actors guild. Sean Penn and Dakota Johnson are expected at the festival to promote their film "Daddio." Last year, German film "All Quiet on the Western Front" premiered at TIFF and won four Oscars, including best international feature film.
Persons: Mark Blinch, Cameron Bailey, Adam Driver, Driver, Ferrari, Roy Thomson, Peter Street, Nickelback, Sean Penn, Dakota Johnson, Paul Dano, Seth Rogen, Shailene Woodley, Pete Davidson, Paul Giamatti, Hayao Miyazaki, Patricia Arquette's, Kristin Scott Thomas, Anna Kendrick's, Chris Pine's, Michael Keaton's, Knox, Lil Nas, Rustin, Pedro Almodovar, Jane Campion's, Campion, Jenna Zucker, Divya Rajagopal, Denny Thomas, Sandra Maler Organizations: Toronto, Film, REUTERS, Hollywood, Venice Film, Roy Thomson Hall, Royal Alexandra Theatre, Scotiabank Theatre, Wales Theatre, King, University, SAG, TIFF, Thomson Locations: Toronto , Ontario, Canada, Venice, Toronto's, Spanish
TORONTO (AP) — When the Hollywood actors union announced a strike this summer, Cameron Bailey, the longtime chief executive of the Toronto International Film Festival, dusted off his COVID-19 playbook. “This is the nature of running a festival,” Bailey says. We support them, but we’ll miss them.”The dual strikes have already taken the spotlight at the Venice Film Festival. “I’ve loved movies since I was child and I’ve never been to a film festival before,” says Jefferson. “Even the idea that I’m going to a film festival with a film that I’ve directed feels surreal.
Persons: Cameron Bailey, ” Bailey, Hayao Miyazaki’s, Oscar, “ Harry Potter, David Yates, Emily Blunt, Chris Evans, they’re, , Yates, , Damien Chazelle, Adam Driver, Michael Mann, “ Ferrari, Bradley Cooper, Leonard Bernstein, “ Maestro, Cooper, Yorgos, Alexander Payne’s “, ” George C, Wolfe’s “ Rustin ”, Andrew Haig’s “, Bailey, Craig Gillespie’s, Gillespie, Lars, Tonya ”, ” Gillespie, Paul Dano, Seth Rogen, Pete Davidson, Duncan Crabtree, ” Crabtree, Sean Penn, Dakota Johnson, Jessica Chastain, Willem Dafoe, Nicolas Cage, Finn Wolfhard —, Viggo Mortensen’s “, ” Kristin Scott Thomas ’ “, ” Michael Keaton’s “ Knox, ” Ethan Hawke’s “, Anna Kendrick’s, Lil Nas, Montero, ” “, Paul Simon ”, Elizabeth Chai Vasarhelyi, Jimmy Chin’s “, Jessica Yu’s “, Cord Jefferson, Larry Wilmore, Percival Everett’s “, Jeffrey Wright, “ I’ve, I’ve, Jefferson, “ I’m, Jake Coyle Organizations: TORONTO, Hollywood, Toronto, , SAG, Venice Film, Netflix, Amazon, Telluride Film, GameStop, America Ferrera, Cannes, Twitter Locations: North America, Toronto, Venice, Telluride, Cannes, Ireland
Some of them, like “Dune: Part Two," have been postponed until next year due to the ongoing actors and writers strikes. Gillespie’s film features a freewheeling ensemble including Pete Davidson, Anthony Ramos, Seth Rogen, Shailene Woodley, America Ferrera and Nick Offerman. “Fair Play” (in theaters Sept. 29, on Netflix Oct. 13)Hedge funds also play a role in writer-director Chloe Domont’s drama about sexual politics and gender dynamics in the high-charged, male-dominated world of finance. Eight years after the last “Hunger Games” movie (“Mockingjay – Part 2”) a prequel is returning to the science fiction dystopia of Panem. Francis Lawrence’s film, set 64 years before the events of the first “Hunger Games” film, introduces a host of new characters in the lead-up to the 10th Hunger Games.
Persons: , Expendables, Gael García Bernal, Roger Ross Williams, Saúl Armendáriz, Williams, Bunny, Craig Gillespie’s, ” Paul Dano, Keith Gill, Pete Davidson, Anthony Ramos, Seth Rogen, Shailene, America Ferrera, Nick Offerman, Chloe Domont’s, Phoebe Dynevor, Alden Ehrenreich, Aristotle, Dante, “ El Conde ”, Flora, Son ”, Henry Sugar ”, “ Carlos ”, “ Dicks, Justine Triet’s, Palme, Sandra Hüller, Martin Scorsese’s, David Grann's, Lily Gladstone, Scorsese, Leonardo DiCaprio, Robert De Niro, Robbie Robertson, Baz Luhrmann’s, Elvis Presley, Sofia Coppola, Priscilla Presley, “ Elvis, ” Jacob Elordi, “ Joan Baez, “ Taylor Swift, Nyad, “ Rustin ”, Colman Domingo, Bayard Rustin, George C, Martin Luther King Jr, Panem, Francis Lawrence’s, Tom Blyth, Rachel Zegler, Peter Dinklage, Viola Davis, ” Ridley Scott, Joaquin Phoenix, Napoleon Bonaparte, Vanessa Kirby, Joséphine Bonaparte, Sly ”, “ Orlando, Maestro ”, “ Leo ” Organizations: GameStop, America, Netflix, Sundance Film, Paramount, Apple, Cannes Film, Hüller, Hunger Locations: Shailene Woodley, Venice, Osage, Washington
It's been a tough go for investment bankers recently. As if all that wasn't bad enough for bankers, The Wall Street Journal recently reported that even lawyers are now making more money than them. It turns out the culprit, as is often the case on Wall Street, is inflation. It's getting really tough these days to make the case for getting into investment banking. That begs the question: Why bother getting into investment banking at all?
Persons: Dan DeFrancesco, we've, Klaus Vedfelt, It's, , Robert Kindler's, Morgan Stanley, Paul Weiss —, hasn't, Seth Rogen, Nick Offerman, Paul Dano, Steve Cohen, Alexandra, Emily Oster, David Solomon, Goldman Sachs, Solomon, Jeffrey Cane, Nathan Rennolds Organizations: GameStop, Street Journal, Sony, Bloomberg, Harvard, JPMorgan, Economist Intelligence, LinkedIn Locations: Republic, Semafor, New York, London
[1/3] The 76th Cannes Film Festival - Press conference for the film "Asteroid City" in competition - Cannes, France, May 24, 2023. Director Wes Anderson speaks. REUTERS/Yara NardiCANNES, May 27 (Reuters) - Veteran directors Wes Anderson, Ken Loach and Wim Wenders are among those in the running for the Cannes Film Festival's coveted Palme d'Or at Saturday's closing ceremony, with 21 films in competition for the top prize. This year has a record seven female directors in the running for the top prize, which only two women have previously won - Jane Campion in 1993 and Ducournau in 2021. More than 14,000 participants from over 120 countries crowded the film market this year, surpassing 2019's previous peak of 12,500.
[1/4] The 76th Cannes Film Festival - Press conference of the jury - Cannes, France, May 16, 2023. Jury President Ruben Ostlund and jury member Brie Larson attend a press conference. REUTERS/Yara NardiCANNES, May 16 (Reuters) - Swedish director Ruben Ostlund, who heads the jury awarding the Cannes Film Festival's top award this year, expressed solidarity with striking Hollywood film and TV writers on Tuesday, saying industrial action was the only way to change work conditions. "It's great that people have a strong collegial feeling so you can go out and have a strike. Top executives close to the discussions have told Reuters that the strike could continue into the summer and possibly beyond.
“One thing is that this will be the first year in the history of the Cannes Film Festival when the publicists will have no rumors to tell to each other,” Ostlund said. In Ostlund’s films, which skewer class and social hypocrisies, any character who made a vow like that would wind up doing the opposite. But don’t expect the top prizewinner or any of the other awards to be his choices alone. Damián Szifron, from Argentina, is best known for his comic anthology feature “Wild Tales,” which showed in competition in 2014. And the Moroccan filmmaker Maryam Touzani was here last year with “The Blue Caftan,” which showed in the festival’s Un Certain Regard section.
Wall Street is getting the Hollywood treatment again. - Paul Giamatti as AMC's Adam Aron (This guy knows his way around Wall Street.) For more on the upcoming GameStop movie, including who is set to play the "pot-smoking retail trader," click here. Here's why the rest of Wall Street might be motivated to help First Republic. Meet the new generation of the ultra-rich on Wall Street.
For many months now, I've been having conversations and writing about economic indicators that all point to a recession. The US is in the midst of a "freight recession," meaning there's fewer trucks delivering goods around the country. In a call last week, JB Hunt reported a bad earnings miss, and executives said a recovery for trucking looks uncertain. Outside the trucking sector, the classic recession indicators are blaring, too:The Conference Board's Leading Economic Index just dipped for the 12th consecutive month. The New York Fed's Recession Probabilities Model puts the odds of a downturn at 57%, the highest mark since 1982.
Tom Holland is Spider-Man in the Sony-Marvel film "Spider-Man: No Way Home." LAS VEGAS — CinemaCon kicked off Monday with a major announcement from Sony Pictures — its upcoming "Kraven the Hunter" would mark the first R-rated Marvel film produced by the studio. "F--- yes, it's rated R," said Kraven himself Aaron Taylor-Johnson in a pretaped teaser for the film before Sony showed the first trailer for the profane and bloody action flick. Sony showed 14 minutes of the film — due out June 2 — to CinemaCon audiences, who laughed and cheered for the uniquely animated feature. Sony also showcased a clip from Jennifer Lawrence's upcoming R-rated drama "No Hard Feelings" to raucous applause.
LONDON, Jan 25 (Reuters) - Michelle Williams won critical acclaim for her performance in Steven Spielberg's autobiographical coming-of-age drama, "The Fabelmans", and her portrayal of the director's mother secured her a best actress Oscar nomination on Tuesday. Williams and Paul Dano play Sammy's mother Mitzi and father Burt, inspired by Spielberg's parents, the late Leah Adler and Arnold Spielberg. In an interview with Reuters earlier this month, Williams spoke about the role, seeing an emotional Spielberg on set and awards season. Q: What was it like to essentially play Steven Spielberg's mother and take on this high energy role? Q: As a mother and artist, how much did your character Mitzi and Spielberg's mother Leah Adler resonate with you?
The films will compete for best movie cast with "Women Talking," "Babylon" and "Everything Everywhere All at Once." "The Fabelmans," the Golden Globe winner for best movie drama, earned a SAG nomination for lead actor Paul Dano. Other movie actors nominated included Austin Butler for "Elvis," Cate Blanchett for "Tar" and Adam Sandler for "Hustle." In television categories, "Better Call Saul," "The Crown," "Ozark," "Severance" and "The White Lotus" were nominated for best drama cast. The TV comedy cast contenders are "Abbott Elementary," "Barry," "The Bear," "Hacks" and "Only Murders in the Building."
As recalled in the deeply felt and finely etched memoir-movie “The Fabelmans,” Steven Spielberg grew up in a family where one parent was an artist and the other an engineer. A more ideal background can scarcely be imagined for a film director, who must navigate overlapping creative and technical challenges on every project. His parents even provided young Steven with narrative sustenance: an appropriately cinematic family mystery that took him many years to understand and that has given much texture to his work. Like the best memoirs, “The Fabelmans,” which Mr. Spielberg co-wrote with his longtime collaborator Tony Kushner , drills down into experience with admirable specificity and frankness. Through Sammy’s eyes, we understand, as children do, that when something has always been the same way, it barely attracts attention.
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