JP Morgan Manipulated Gold to Keep Hedge Funds Happy
An ex-trader says JP Morgan spoofed gold to keep hedge funds happy. He says client orders made a lot of money for the bank. Big hedge funds like Moore Capital Management and Tudor Capital Corp. were so important to JPMorgan Chase…
Ken Griffin Spent $54 Million to Fight a Tax Increase on The Rich
Citadel’s Ken Griffin spent $54 million to fight a tax increase on the rich that would raise the rate from 5% to 8% according to ProPublica. This increase would have cost $51 million every year in extra tax. In especially good years — in 2018,…
AMC Entertainment Seats 5.9 Million Guests in Highest Grossing Weekend
AMC Entertainment just broke record this year. According to CEO Adam Aron, this was AMC’s most attended and highest grossing weekend in 2022 so far. Thor: Love and Thunder had a whopping $302 million weekend box office victory. AMC Entertainment…
AMC Entertainment Stock Closes Trading Week Strong
AMC Entertainment stock finished the week up +8.75%. The movie theatre chain stock had a high of $15.32 and low of $13.84 on Friday. CEO Adam Aron announced on Thursday retail investors can expect a ‘pounce’ after second quarter 2022 earnings…
AMC’s Share Price Beats Every Analysts Price Prediction
For over a year now Wall Street analysts predicted AMC’s share price would plummet greatly. And although AMC’s share price has fallen substantially from its all-time high of $72 per share, analysts continue to get it wrong. It seems no matter…