How hedge funds track Reddit YOLOs – Leon Black paid Epstein to move his yacht – Fintech Dave nabs Apple Card exec

How hedge funds are tracking Reddit posts to protect their portfolios after the WallStreetBets crowd tanked Melvin Capital’s short positions

GameStop has been the talk of the finance world. Retail investors – specifically those from the infamous WallStreetBets Reddit forum – have been piling into the stock, leaving short-sellers like Gabe Plotkin’s Melvin Capital and Maple Lane Capital scrambling.

All of that has led some investors and data companies to develop web-scraping tools to track chatter on the notorious subreddit.

Read more here. 

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Here's what billionaire Apollo CEO Leon Black paid Jeffery Epstein $158 million for, from finding billions in tax savings to moving his yacht

For five years, Jeffrey Epstein advised Leon Black, the billionaire CEO and cofounder of Apollo Global Management. 

On Monday, Black announced he plans to step down as CEO of Apollo in July. The announcement came following an independent review of Black's relationship with Epstein by law firm Dechert.

And while the review found Black wasn't involved in any of Epstein's criminal behavior, it did uncover $158 million in payments from Black to Epstein for a variety of jobs. 

Check out seven takeaways from Dechert's report on its investigation. 

Read more here.

Personal finance app Dave just hired one of the lead executives behind the Apple Card, and he's already thinking about new features the startup can roll out