Hedge Funds

Energy

Carl Icahn eyes scandal mired FirstEnergy

Billionaire investor Carl Icahn has signaled an interest in making a large purchase of voting shares from one of the country’s largest electric utilities, which is currently under investigation for its role in an Ohio bribery scandal.

Markets

This hedge fund made $700M on GameStop

The GameStop surge is often cast as a triumph of amateurs over professionals. Which it was, to a degree. But it also was a trade that pitted professionals against other professionals -- and few have made more money than Senvest Management LLC,

Markets

WallStreetBets founder reckons with legacy amid stock market frenzy

Jaime Rogozinski never imagined the Reddit community he created in 2012 would morph into a force so powerful that it would send GameStop Corp. shares into overdrive, nearly topple a hedge fund and leave professional money managers around the country staring at Twitter with their mouths agape.

Markets

Citadel shoots down Robinhood link

Billionaire Ken Griffin's hedge fund Citadel LLC and the market maker Citadel Securities say they had nothing to do with the app Robinhood suspending some trading in stocks that have recently experienced a surge in volatility.