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February 23, 2024
Gemini might start sounding a lot more like snarky Redditors.
August 12, 2023
Backlash to technology online and on the streets.
June 4, 2021
AMC shares finally fall 18% after movie theater chain warned investors they could lose all their money - but other meme stocks continue to rise Stock prices for the beleaguered theater chain had a volatile Thursday, dropping 40% before recovering and dropping again Shares in the theater chain ended the day 18% down at $51.06 The influence of online investors remains felt, with the company telling potential buyers that they could lose all of their money Still, AMC is taking advantage of its s...
June 3, 2021
AMC shares closed on Wednesday at an all-time high of $62.55 per share. The company is now planning on selling over 11 million shares, per an SEC filing.
May 27, 2021
Shares in movie chain AMC and video-game seller GameStop have risen to their highest level in months, as retail investors are once again piling money into certain stocks to try and catch short sellers in a squeeze.
April 14, 2021
How Reddit users brought customers to a struggling Sacramento business amid COVID-19 pandemic Jodette Johnson, the owner of Jodettes Boutique and Belly Dancing Academy, wrote a letter pleading for help to keep her business alive. One Reddit user took notice. Author: Van Tieu (ABC10) Updated: 10:15 PM PDT April 13, 2021 SACRAMENTO, Calif. — One Sacramento business owner posted a letter to the window of her midtown boutique and belly dancing school, a business an...
April 5, 2021
GameStop shares slump as it plans $1bn post-rally stock sale A GameStop store on March 10, 2021 in San Francisco, California. (Photo by Justin Sullivan/Getty Images) GameStop shares slump more than eight per cent at the US open today after the video game retailer said it may sell up to $1bn worth of stock as it takes advantage of a dizzying rally in its shares this year on the back of a Reddit-driven retail trading frenzy. Shares in GameStop this afternoon recovered somewhat bu...
February 23, 2021
IG Group suspends leveraged bets in 900 shares Britain’s oldest spread-betting firm has stopped offering margin trading on 900 shares, the Financial Times reported. Some of the London-listed shares affected include Saga, Mulberry and Hikma Pharmaceuticals. IG said the move involved less than 8 per cent of the leveraged equities it had been offering and does not affect the shares its customers can trade through its stockbroking service. The boom in trading since the start of t...
February 19, 2021
This week **Will Facebook regret going nuclear in Australia? **Arm’s getting chippy Media Moment of the Week: A jumbo jab mix-up When Liam Thorp received a text inviting him for his first Covid jab he was confused, given the healthy 32-year-old is pretty low down the priority list. After calling his GP for clarification, it was soon established that doctors had Thorp’s height down as 6.2cm instead of 6”2, giving him a rather unflattering BMI of 28,000. Had it been anyone else, this would ...
February 19, 2021
Screenshot: Will Facebook regret going nuclear in Australia? James Warrington **Will Facebook regret going nuclear in Australia? **Arm’s getting chippy Media Moment of the Week: A jumbo jab mix-up When Liam Thorp received a text inviting him for his first Covid jab he was confused, given the healthy 32-year-old is pretty low down the priority list. After calling his GP for clarification, it was soon established that doctors had Thorp’s height down as 6.2cm instead of 6”2, ...