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February 26, 2021
GameStop rally fizzles; shares still on pace for 130% weekly gain By Aaron Saldanha and David Randall Reuters (Reuters) - An early surge in the shares of GameStop Corp fizzled and left the video game retailers stock down more than 15% on Friday, throwing water on a renewed rally this week that has left analysts puzzled. GameStop shares hovered around $94 after hitting $105 in late-morning trading. Despite Fridays losses, the companys stock is up about 135% for the week in the face of a bro...
February 19, 2021
The CEOs of Reddit, Robinhood, Citadel Securities and Melvin Capital testified in front of the House Financial Services Committee on Thursday as part of a ...
February 12, 2021
The S&P 500 gained 0.17 per cent, the Nasdaq Composite added 0.38 per cent, and the Dow Jones Industrial Average fell 0.02 per cent.
February 11, 2021
Bumble has a path to justify its IPO price, says New Constructs CEO David Trainer,. The dating app will need to sweep up market share in order to compete with
February 11, 2021
5 Min Read NEW YORK (Reuters) - The Nasdaq and S&P 500 eked out modest gains on Thursday with investors betting on more fiscal stimulus, but U.S. President Joe Biden said China was poised to โeat our lunch,โ a warning that tempered enthusiasm for a market near record highs. Nvidia Corp rose 3.2% and Intel Corp 3.1%, making technology the leading sector to gain on the S&P 500 and Nasdaq. Declining shares outnumbered gainers on the Nasdaq and New York Stock Exchange. Biden told a group of U.S...
February 8, 2021
With more spotlight, the cryptocurrency becomes even more divisive
January 29, 2021
Robinhood to ease restrictions on GameStop trades CNN 1/29/2021 By Paul R. La Monica, CNN Business ยฉ Frederic J. Brown/AFP/Getty Images People enter a GameStop store in Alhambra, California on January 27, 2021. - An epic battle is unfolding on Wall Street, with a cast of characters clashing over the fate of GameStop, a struggling chain of video game retail stores. Traders have been astounded in recent days by the surge in struggling video game retailer GameStops share price...
January 29, 2021
GameStop stock surges 400% for the week as Robinhood lifts some trading restrictions Jessica Menton, USA TODAY ยฉ OLIVIER DOULIERY, AFP via Getty Images This photo illustration shows the logos of video game retail store GameStop and trading application Robinhood in a computer and on a mobile phone in Arlington, Virginia on January 28, 2021. Shares of GameStop and several other speculative stocks like theater chain AMC rebounded Friday,ย extending overnight gains after online t...
January 28, 2021
Stocks End Higher as Wall Street Looks Past Weak Tech Reports, GameStop Frenzy TheStreet 1/28/2021 ยฉ TheStreet Stocks End Higher as Wall Street Looks Past Weak Tech Reports, GameStop Frenzy Stocks finished higher on Thursday as investors took comfort in a dip in weekly jobless claims and looked past disappointing tech earnings and the mania surrounding heavily shorted names such as GameStop . The Dow Jones Industrial Average finished up 300 points, or 0.99%, to 30,603, the S&P 500 rose 0.9...
January 28, 2021
Stocks End Higher as Wall Street Looks Past Weak Tech Reports, GameStop Frenzy TheStreet 1/28/2021 ยฉ TheStreet Stocks End Higher as Wall Street Looks Past Weak Tech Reports, GameStop Frenzy Stocks finished higher on Thursday as investors took comfort in a dip in weekly jobless claims and looked past disappointing tech earnings and the mania surrounding heavily shorted names such as GameStop . The Dow Jones Industrial Average finished up 300 points, or 0.99%, to 30,603, the S&P 500 rose 0.9...