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January 29, 2021
Synopsis Many US hedge funds have lost money on bets to short GameStop stock. Global analysts say it’s unclear whether all small investors will make money. But for now, several retail players have made big money and the herd investing strategy is going strong. The GameStop game: How amateur Reddit Robinhood investors were beating Wall Street pros It’s small investors versus big Wall Street hedge funds – and Indian punters have now joined the party. Market estimates peg the Indian retail b...
January 29, 2021
ETtech Morning Dispatch on 29 Jan. 2021: Top tech news to start your day Want this newsletter delievered to your inbox? SUBSCRIBE Well soon meet in your inbox. / Newsletters Today, we are looking at TikTok and its tumultuous run in India—from questions being raised on its Chinese origins to millions of downloads and its eventual exit from the country. The Biden administration is reviewing a proposal that had sought to increase wages for new H-1B visa applicants—a deterrent for employers ...