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February 18, 2021
Lawmakers grill key players in GameStop stock market saga How did the GameStop stock spike on Wall Street happen? Replay Video UP NEXT Lawmakers grilled chief executives and a Reddit user who goes by the moniker "DeepF---ingValue" during a hearing Thursday that aimed to unearth more about the GameStop stock market mania that sent Wall Street reeling late last month. The House Financial Services Committee summoned some of the key players in the saga to testify, including Robinhood CEO Vlad T...
February 18, 2021
Lawmakers are set to grill chief executives and a Reddit user who goes by the moniker "DeepF---ingValue" during a hearing Thursday.
February 12, 2021
This week **Who’s taking on the online hackers and pirates? **Will Big Tech finally cough up for news? Media Moment of the Week: Ya boi in Hanoi Tempted as I was to feature *that* cat lawyer this week, I think perhaps, to borrow Michael Gove’s words, this country has had enough of Zoom fails. Instead, here’s some viral internet cringe of the sort we all thought had gone extinct somewhere in the vicinity of 2014. US ambassador to Vietnam Dan Kritenbrink just released this rap song to wish ...
February 5, 2021
Reddit favorite GameStop isnt looking so hot this week and some of the stocks biggest backers are freakin...
February 4, 2021
The ad will run at a precarious time for Robinhood. Last week, Robinhood outraged users and lawmakers by prohibiting purchases of GameStop, AMC and other favorites of the WallStreetBets Reddit group that disrupted parts of the financial markets. Hours later, Robinhood raised $US 1 billion ($1.3 billion) from existing investors in a move that signalled a cash crunch. Days later, the free-trading app raised an additional $US 2.4 billion ($3.14 billion) from investors â a massive sum undersco...
February 4, 2021
GameStop’s stock slide speeds up as US senator steps in GameStop has seen its shares fall sharply after a buying frenzy sparked by amateur traders (Getty Images) The slide in GameStop shares accelerated today as US officials warned they may step in to investigate the trading frenzy that has roiled markets in recent weeks. A surge in buying by amateur traders, fuelled by activity on social media, sparked big moves in shares of companies that were shorted by Wall Street hedge f...
February 3, 2021
Posted: Feb 03, 2021 1:04 PM ET | Last Updated: February 3 For the most part, the stock prices of Canadian cannabis companies have failed to maintain or move past the lofty highs they reached in 2018, when Canada legalized the drug.(Annie Sakkab/Bloomberg) Shares in Canadian-based cannabis companies are surging this week partly because of a flurry of short sellers covering their bets against the stocks, right as U.S. lawmakers seem to be getting more serious about potentially legalizing the dru...
February 2, 2021
Startups in their earliest stage missed out on funding with the majority of the government’s Future Fund investment going to companies at a venture or growth stage.
February 1, 2021
Silver shines this morning as the metal is experiencing a rise in demand thanks to postings on Reddit, targeted in The post This morning: Silver receives Gamestop treatment on Reddit appeared first on CityAM.
February 1, 2021
Silver shines this morning as the metal is experiencing a rise in demand thanks to postings on Reddit, targeted in a similar fashion as Gamestop last week.