GameStop Corp. on Robinhood application on a laptop computer and a smartphone. Peoples. Tiffany Hagler-Gear | Bloomberg Getty Images Robinhood may have continued to limit trade to low-squeeze names like GameStop on …
Read More »Dow futures fell 270 points after worst week since October
Overnight trading in US stock index futures declined as speculative trading by retail traders continued to take hedge funds at risk and upset investors worried about market bubbles. Last week’s fall resulted …
Read More »White House To Investigate Gametop Stock Trading
President Biden’s top economic adviser said the administration would take a look at the legal questions surrounding the roller-coaster ride. Gametop last week pitted small-dollar traders against well-heeled hedge fund managers, raising …
Read More »GameStop: Melvin Capital lost more than 50% after placing bets against WSJ
A GameStop Corp. Stores in Rome, Italy on Thursday, January 28, 2021. Alessia Pierdomenico | Bloomberg Getty Images The Wall Street Journal quoted people familiar with the matter as saying, hedge fund …
Read More »Elon Musk’s tweets are rising in the market – and some investors are worried
Elon Musk, CEO of Tesla Motors. Brendan McDermid | Reuters The value of bitcoin rose 20% to $ 38,566 on Friday after Elon Musk, the world’s richest man, changed his personal Twitter …
Read More »John Stewart joins Twitter to protect Reddit GameStop merchants
John Stewart was prompted to join Twitter on Thursday to defend Red Street merchants this week who turned Wall Street upside down. The former “Daily Show” host attacked critics of rogue day …
Read More »Reddit WallStreetBets creator calls GameStop a ‘train wreck’ rise
At the center of the ongoing stock market frenzy, the creators of the Reddit Forum called a recently coordinated strategy to pump “train debris” to sick stocks like GameStop and AMC. Jaime …
Read More »$ 450 in GameStop Prima rises another 30% as the craze continues
Ramin Frying | Bloomberg Getty Images GameStop surged yet again, topping $ 450 Appy in the premarket on Thursday as the reddit-driven retail momentum continued to heat up. Shares of the brick-and-mortar …
Read More »China’s central bank policymaker says that fintech needs regulation just like banks
People walk on foot from the headquarters of the Central Bank People’s Bank of China (PBOC) on September 28, 2018 in Beijing, China. Jason lee | Reuters BEIJING – The Chinese government …
Read More »Stock futures fell after flat earnings after Wall Street, Apple and Tesla sales
Stock futures for the major US equity indices were flat in Wednesday night trading as the market is expected to pick up sharply amid concerns of a sharp sell-off. The futures traded …
Read More »