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Week ahead, 1-5 February: FTSE heavyweights front up to third lockdown : CityAM

Monday – Ryanair Q3 results After Easyjet and Wizz Air released their latest earnings reports last week, it’s Ryanair’s turn to follow suit tomorrow. Even by airline executive standards, Michael O’Leary is no supporter of European governments’ approach to the Covid crisis, so expect some strong words from the Irishman. With services expected to continue at a minimum for the foreseeable future after last week’s quarantine announcement, traders will be looking at both Ryanair’s bala...
United Kingdom City Of Michael Hewson Bernard Looney Emma Walmsley Michael Oleary
Source: cityam.com

Reddit Rally: Robinhood unveiled as the Sheriff of Nottingham

Reddit Rally: Robinhood unveiled as the Sheriff of Nottingham (Getty Images) It wasn’t supposed to be this way, but the Reddit army discovered their favourite broker for taking from the rich, Robinhood, was secretly the Sheriff of Nottingham. That dominated business news overnight as the Sheriff and his band of merry online brokers put a stop to the peasants’ rebellion by restricting trading in GameStop and AMC, among others. “The resulting price plunge had the media wai...
United States United Kingdom Jeffrey Halley Federal Reserve Gamestop Explained How Reddit
Source: cityam.com

GameStop: Get Shorty? The case for short sellers has never been stronger

GameStop: Get Shorty? The case for short sellers has never been stronger Barry Norris is the founding partner and chief investment officer at Argonaut Capital Partners NEW YORK, NEW YORK - JANUARY 28: People walk by a GameStop store in Brooklyn on January 28, 2021 in New York City. Markets continue a volatile streak with the Dow Jones Industrial Average rising over 500 points in morning trading following yesterdays losses. Shares of the video game retailer GameStop plunged. (Ph...
United Kingdom Gamestop Explained How Reddit Wall Street ஒன்றுபட்டது கிஂக்டம் கேம்ஸ்டாப் விளக்கினார்
Source: cityam.com

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GameStop rises on Wall St open as FCA issues trading warning

GameStop rises on Wall St open as FCA issues trading warning (Getty Images) GameStop stock was up more than 100 per cent as US markets opened today, as popular trading platform Robinhood eased restrictions on buying into the stock. The army of small investors behind this week’s dramatic squeeze on Wall Street hedge funds returned to drive shares in GameStop and other hot companies higher on Friday as online broker Robinhood eased disputed trading restrictions. After another...
Al Iskandariyah United Kingdom City Of Elon Musk David Schwimmer London Stock Exchange
Source: cityam.com

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