Intel To Undercut Rivals On AI Accelerator Pricing

Intel announced plans to price its next Gaudi AI accelerator chips at a steep discount to its rivals. However, Intel stock dipped. Read More...

Roaring Kitty’s GameStop options up millions, but cashing in may be tricky

NEW YORK (Reuters) – “Roaring Kitty” Keith Gill, the stock influencer behind the 2021 meme stock frenzy, may be sitting on a paper profit of tens of millions of dollars on his position in GameStop options, but reaping those gains might not be easy. GameStop soared 21% on Monday after Gill’s Reddit account posted a screenshot showing a $116 million bet on the embattled video game retailer. The post, the first from the account in three years, also showed a position of 120,000 GameStop June 21 call options at a strike price of $20, worth $65.7 million at Friday’s close.


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